Which cryptocurrency pairs offer the most liquidity for customs trading?
Topp SmtpNov 15, 2023 · 2 years ago1 answers
I am looking for the cryptocurrency pairs that provide the highest level of liquidity for customs trading. Can you recommend some pairs that are known for their liquidity and are commonly used for customs trading? I am particularly interested in pairs that have high trading volumes and tight bid-ask spreads. Please provide some insights and suggestions.
1 answers
- Shamsu Abdullahi AdamuJun 12, 2020 · 5 years agoFor customs trading, one of the most popular cryptocurrency pairs with high liquidity is Bitcoin (BTC) and USD Coin (USDC). BTC is the largest and most well-known cryptocurrency, while USDC is a stablecoin that is backed by the US dollar. This pair offers a good balance between liquidity and stability, making it ideal for customs trading. Another pair to consider is Ethereum (ETH) and USDC. ETH is the second-largest cryptocurrency and has a strong liquidity profile. By trading ETH against USDC, you can benefit from the liquidity of ETH while enjoying the stability of USDC. These pairs are commonly used by traders for customs trading due to their liquidity and reliability.
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