Which digital currencies have the tightest spreads on Oanda's platform?

3 answers

• akhil varshOct 05, 2021 · 4 years ago
  When it comes to digital currencies with tight spreads on Oanda's platform, some of the top options include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies are known for their high liquidity and trading volume, which often leads to tighter spreads. Keep in mind that spreads can vary depending on market conditions and trading activity, so it's always a good idea to check the current spreads before making any trades.
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• Leyla YilmazDec 09, 2023 · 2 years ago
  If you're looking for digital currencies with tight spreads on Oanda's platform, you might want to consider Bitcoin (BTC) and Ethereum (ETH). These two cryptocurrencies are the most popular and widely traded, which often results in tighter bid-ask spreads. However, it's important to note that spreads can fluctuate based on market conditions and trading volume, so it's always a good idea to stay updated on the latest spreads before placing any trades.
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• Prasanna GadalOct 31, 2022 · 3 years ago
  According to my experience at BYDFi, a digital currency exchange, Bitcoin (BTC) and Ethereum (ETH) tend to have the tightest spreads on Oanda's platform. These cryptocurrencies have high liquidity and are traded in large volumes, which often leads to tighter bid-ask spreads. However, it's worth noting that spreads can vary depending on market conditions and trading activity, so it's important to stay informed and monitor the spreads before making any trading decisions.
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