Which cryptocurrencies are most commonly used as underlying assets for derivatives futures?

3 answers

• Lakeland TowingApr 05, 2024 · a year ago
  Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are some of the most commonly used cryptocurrencies as underlying assets for derivatives futures. These cryptocurrencies have a large market capitalization and high liquidity, making them attractive options for traders. Additionally, their widespread adoption and recognition in the crypto industry contribute to their popularity as underlying assets for derivatives futures.
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• Christopher MacatangayJun 03, 2022 · 3 years ago
  When it comes to derivatives futures, Bitcoin (BTC) is undoubtedly the most commonly used cryptocurrency as an underlying asset. Its dominance in the crypto market and its status as the first and largest cryptocurrency make it a preferred choice for traders. However, Ethereum (ETH) is also gaining popularity as an underlying asset for derivatives futures due to its smart contract capabilities and growing ecosystem.
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• Mhmd BoukorApr 26, 2022 · 3 years ago
  BYDFi, a leading digital asset exchange, offers a wide range of cryptocurrencies as underlying assets for derivatives futures. Traders can choose from popular options like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and more. The platform provides advanced trading features and a user-friendly interface, making it a preferred choice for both experienced and novice traders.
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