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Author Topic: Which crypto pair do you swap most often?  (Read 392 times)
xen1oph
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March 19, 2020, 04:28:04 PM
 #1

Recently, I began to notice that some exchanges publish graphs of the most popular crypto pairs. For example, here is Poloniex or Changelly.

I was wondering if there is a certain correlation between the number of pairs and the quality of service, that is, the more pairs, the better the service and exchange conditions, or is it just random information that develops and heaps of different indicators? Does such info say anything at all?

Which pair do you swap, and how many are them?
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March 19, 2020, 04:41:45 PM
 #2

I would say the relationship between number of trade pairs and total trading volume is the best indicator of how good an exchange is.

For example, assuming two exchanges achieve equal trading volume, I would rather trade at the platform with the fewer trading pairs.

This is because a large number of trading pairs usually means that there are at least some illiquid trading pairs on the platform. Likewise, it also means that they are less selective with the crypto assets they list, which can eventually cause issues when shit hits the fan.

Few, but high quality trading pairs is ideal.

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March 19, 2020, 05:26:48 PM
 #3

Recently, I began to notice that some exchanges publish graphs of the most popular crypto pairs. For example, here is Poloniex or Changelly.

I was wondering if there is a certain correlation between the number of pairs and the quality of service, that is, the more pairs, the better the service and exchange conditions, or is it just random information that develops and heaps of different indicators? Does such info say anything at all?

Which pair do you swap, and how many are them?

From poloniex graph, it says that there were several btc pairs trade, which indicated that several bitcooin hodlers, went for safety first by swapping straight to USDT (stable coin).

In most top exchanges, there are lots of altcoins pegged to btc pairs, and for me equally, i use btc pairs more.
Most times, traders do not get to choose the pair themselves, because you can only trade your altcoin on the pairs thats available.
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March 20, 2020, 07:57:10 PM
 #4

Recently, I began to notice that some exchanges publish graphs of the most popular crypto pairs. For example, here is Poloniex or Changelly.

I was wondering if there is a certain correlation between the number of pairs and the quality of service, that is, the more pairs, the better the service and exchange conditions, or is it just random information that develops and heaps of different indicators? Does such info say anything at all?

Which pair do you swap, and how many are them?

From poloniex graph, it says that there were several btc pairs trade, which indicated that several bitcooin hodlers, went for safety first by swapping straight to USDT (stable coin).

In most top exchanges, there are lots of altcoins pegged to btc pairs, and for me equally, i use btc pairs more.
Most times, traders do not get to choose the pair themselves, because you can only trade your altcoin on the pairs thats available.
I see how many people over the past 2 years have begun to use very stable coins very much. Because the dollar even in the cryptocurrency market has a very strong position. Trading volumes in relation to Bitcoin are becoming smaller.

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March 20, 2020, 10:22:18 PM
 #5

Personally my most swaps are between btc and eth and it can be in any direction i like swapping them in hope of accumulating more coins as i am in for longterm so i do not look to make a quick buck and exit rather i support both these top coins and try to stay in them and gather as much as i can.

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March 20, 2020, 11:19:24 PM
 #6

The number of pair is not determining the quality of the service but if you that was about the number of the transactions or swap process and that can be determined as a factor to determine the quality of the project. That info is not saying anything at all and the developer create so any pair to attract the users.
I often use the major coin pairs to do swap transaction.

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Perfect35
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March 20, 2020, 11:34:16 PM
 #7

Mine has always been between BTC and USDT or ETH and USDT. The reason I prefer to have it this way if because, with the stable coin, I can easily hedge the volatile market.
In fact, it is the easiest for me and it works that way. Those pair are even the most common, if I may say.

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March 21, 2020, 12:07:49 AM
 #8

Stable coin pair will be the most swap done by me I guess,but this is totally for trading purpose I never wanted to hold the stable coins too longer if I wanted to keep the stable coins value then I will convert them into fiat based USD values rather than a stable coin.

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March 21, 2020, 01:11:37 AM
 #9

Most of the crypto currency are only available to be traded in Bitcoin when they are newly available in the market. The condition is getting a little better now as alternative currencies like eth and stable coins are slowly being used more and more . The trading volume in Bitcoin increase owes so much to this fact.

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March 21, 2020, 05:47:40 AM
 #10

Most of the crypto currency are only available to be traded in Bitcoin when they are newly available in the market. The condition is getting a little better now as alternative currencies like eth and stable coins are slowly being used more and more . The trading volume in Bitcoin increase owes so much to this fact.
Bitcoin to fiat or USDT  this is the most use now in crypto trading . Fiat because many country now needed to cashing itbout thier money out of crypto for thier needs.
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March 21, 2020, 05:54:20 AM
 #11

Most of the crypto currency are only available to be traded in Bitcoin when they are newly available in the market. The condition is getting a little better now as alternative currencies like eth and stable coins are slowly being used more and more . The trading volume in Bitcoin increase owes so much to this fact.
Where did you take the sample if most of the cryptocurrency was only available for trading in Bitcoin when it was only available on the market? because I see that there are some new cryptocurrencies that once entered the market can only be traded in the form of stable USDT tokens.

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March 21, 2020, 05:59:42 AM
 #12

I always pick on pairing btc, usdt and eth aside from it all other pairing for example altcoins are converted in either of these which I think easily tradeable across different exchanges.

But I wanted to take advantage of the stablecoin too maybe the one that connects most of the pairing into different markets too. Like tusd, usdc which suddenly rise and utilized by most market now.

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March 21, 2020, 06:00:12 AM
Last edit: March 21, 2020, 07:00:28 AM by Little Mouse
 #13

There is no direct relation between pair and services. Yobit do not have a lot of pair but their service is worst. It all depends on the management.
Which pair do you swap, and how many are them?
Most of the times, when I am in need of exchange LTC to BTC or ETH to BTC but the amount is too low to worth the exchange withdrawal fee, I use coinplaza to swap this coins. Generally, the amount is no more than $50 or so, above this amount, I exchange through Binance or some other reputed exchanges.


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March 21, 2020, 06:20:06 AM
 #14

I use changelly to swap coins most times and that's mostly between USDT and BTC, followed by Ethereum, as for other coins I'm just ready to dump off and never look back

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March 21, 2020, 06:29:20 AM
 #15

I use almost everything dependent on the market though, but I swamp mostly USDT to other coins. I prefer trading with USDT as it's more stable than others but once market is green and things are moving very good I can trading with any coins and wouldn't complain. But if market is down I will definitely swap to USDT for a safer trading.


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March 21, 2020, 08:48:47 AM
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 #16

Actually more pairs doesn't really mean better services rather it is just the exchange giving traders or users what they feel is better, that is to say any exchange at all can implement any trading pair they want. Binance exchange has many trading pairs of several stablecoins. Also, trading against stablecoins removes the need to keep profit stable, that is, in every trade being carried out against stablecoins, the trader can easily take the allocation he wants back for trading while keeping the remaining which is profit. In the same way, stablecoins are better suited for bear market but when the market is booming, less traders don't bother as they would want their profit to appreciate with the growing market. In terms of swapping, USDT or stablecoins to other coins is better and i mostly use exchanges; I can also trade with any pair I want depending on what am I after.

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March 21, 2020, 11:40:07 AM
 #17

Which pair do you swap, and how many are them?

I think the more trading pair the more volume the coins gets meaning it should increase the visibility of the coins available to trade the interested project you initially wanted to trade. I initially swap more of bitcoin to altcoins but hardly swap altcoins to bitcoin instead I trade them on well established exchange. Swapping bitcoin to ethereum is my favorite of them all.

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March 21, 2020, 02:11:13 PM
 #18

Im often used eth pair.Im used to it than any other pair.Sometimes i use ustd pair too,depends on the pair available.But i used eth pair the most.
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March 21, 2020, 02:45:32 PM
 #19

I am still new to cryptocurrency trading and therefore it is very difficult for me to navigate when choosing profitable trading pairs.  I still just continue to master scalping for daily trading using cryptocurrencies with a not too high rating.  Nevertheless, I cannot effectively respond to price fluctuations, for example, Bitcoin and Ethereum, if I use BTC / ETH in the trading pair.  Therefore, best of all, I use USDT with other cryptocurrencies paired for exchange.  But as a result, I transfer almost all the income to ETH, and for small expenses I leave it in USDT, which I exchange for the national currency.

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March 22, 2020, 10:12:55 PM
 #20

Mostly I can't do without USDT pair. Then in rare cases where there is no usdt pair for that particular coin I am trading, then I pair with eth. But major altcoins usually have usdt paired. So apparently for me, isn't pair is my best. This is because it's easier to manage the prices and trades. Even a newbie will find it simpler to trade usdt pair

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