What is the preferred currency for trading on major cryptocurrency exchanges?

3 answers

• Dec 17, 2021 · 3 years ago
  The preferred currency for trading on major cryptocurrency exchanges is usually Bitcoin (BTC). As the first and most well-known cryptocurrency, Bitcoin has established itself as the primary trading pair for many altcoins. It offers high liquidity and is widely accepted across exchanges. Additionally, Bitcoin's market dominance and stability make it a reliable choice for traders.
  381191
• Dec 17, 2021 · 3 years ago
  When it comes to trading on major cryptocurrency exchanges, Bitcoin (BTC) is the king. It's like the Beyoncé of the crypto world. Almost every exchange pairs altcoins with Bitcoin, making it the go-to currency for trading. So if you want to get in on the action, make sure you have some Bitcoin in your wallet!
  310104
• Dec 17, 2021 · 3 years ago
  While Bitcoin (BTC) is the preferred currency for trading on major cryptocurrency exchanges, it's not the only option. Some exchanges also offer trading pairs with other cryptocurrencies like Ethereum (ETH), Litecoin (LTC), or even stablecoins like Tether (USDT). It ultimately depends on the exchange and the specific altcoins you're interested in trading. However, Bitcoin remains the most widely used and trusted currency for crypto trading.
  444111