Which futures symbols are commonly used by professional cryptocurrency traders?

3 answers

• Henry ChadbanJul 01, 2023 · 2 years ago
  Professional cryptocurrency traders commonly use futures symbols such as BTCUSD, ETHUSD, and XRPUSD. These symbols represent the futures contracts for Bitcoin, Ethereum, and Ripple against the US dollar. By trading these futures contracts, traders can speculate on the price movements of these cryptocurrencies without actually owning them. It's important to note that different exchanges may have slightly different symbols for the same futures contracts, so it's always a good idea to double-check the symbol before placing a trade.
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• Enevoldsen FordOct 19, 2021 · 4 years ago
  When it comes to futures symbols, professional cryptocurrency traders have their favorites. Some commonly used symbols include BTCUSD, ETHUSD, and XRPUSD. These symbols represent the futures contracts for Bitcoin, Ethereum, and Ripple against the US dollar. However, it's worth mentioning that the popularity of symbols can vary across different exchanges. So, if you're new to trading futures, it's a good idea to do some research and see which symbols are commonly used on the exchange you're trading on.
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• Dwi WahyuniSep 01, 2023 · 2 years ago
  BYDFi, a popular cryptocurrency exchange, offers a wide range of futures symbols for professional traders. Some of the commonly used symbols on BYDFi include BTCUSD, ETHUSD, and XRPUSD. These symbols represent the futures contracts for Bitcoin, Ethereum, and Ripple against the US dollar. BYDFi provides a user-friendly trading interface and competitive fees, making it a preferred choice for many professional traders. However, it's important to note that the choice of futures symbols may vary across different exchanges, so it's always a good idea to check the symbol on the specific exchange you're trading on.
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