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Which cryptocurrencies are most commonly traded against USD in the Hong Kong market?

avatarMojiDec 16, 2021 · 3 years ago3 answers

In the Hong Kong market, which cryptocurrencies are frequently traded against USD?

Which cryptocurrencies are most commonly traded against USD in the Hong Kong market?
Cryptocurrencies
USD
Hong Kong

3 answers

  • avatarDec 16, 2021 · 3 years ago
    In the Hong Kong market, some of the most commonly traded cryptocurrencies against USD include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have a high trading volume and are widely accepted in the market. Traders often use USD as a base currency to buy and sell these cryptocurrencies due to its stability and global acceptance.
  • avatarDec 16, 2021 · 3 years ago
    USD is a popular trading pair for cryptocurrencies in the Hong Kong market. Bitcoin (BTC) is the most commonly traded cryptocurrency against USD, followed by Ethereum (ETH) and Ripple (XRP). These cryptocurrencies have a strong presence in the market and are highly liquid. Traders prefer to trade against USD as it provides a stable reference point for their transactions.
  • avatarDec 16, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the most commonly traded cryptocurrencies against USD in the Hong Kong market are Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have a large user base and are widely recognized for their value and liquidity. Traders in Hong Kong often use USD as a trading pair due to its stability and global acceptance.

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