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Which cryptocurrencies are most commonly traded using TWAP orders?

avatarMuhammad Hussnain BhattiDec 15, 2021 · 3 years ago3 answers

Can you provide a list of cryptocurrencies that are frequently traded using TWAP (Time-Weighted Average Price) orders?

Which cryptocurrencies are most commonly traded using TWAP orders?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure! When it comes to cryptocurrencies commonly traded using TWAP orders, some of the popular ones include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have high trading volumes and are often preferred by traders for executing TWAP orders due to their liquidity and market depth.
  • avatarDec 15, 2021 · 3 years ago
    Well, if you're looking for cryptocurrencies that are frequently traded using TWAP orders, you can't go wrong with Bitcoin (BTC) and Ethereum (ETH). These two are the giants of the crypto world and are often the top choices for traders looking to execute TWAP orders. However, it's worth noting that other cryptocurrencies like Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH) are also commonly traded using TWAP orders.
  • avatarDec 15, 2021 · 3 years ago
    According to my experience at BYDFi, a popular cryptocurrency exchange, the most commonly traded cryptocurrencies using TWAP orders are Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have a large user base and are highly liquid, making them ideal for executing TWAP orders. However, it's important to note that TWAP orders can be used with various cryptocurrencies, and the choice ultimately depends on the trader's preference and market conditions.