10 top traded coins
- 1.1. Tether (USDT)
- 1.2. Volume (24hr): 26.36B USD
- 1.3. Bitcoin (BTC)
- 1.4. Volume (24hr): 19.34B USD
- 1.5. Binance USD (BUSD)
- 1.6. Volume (24hr): 6.38B USD
- 1.7. Ethereum
- 1.8. Volume (24hr): 5.79B USD
- 1.9. USD Coin
- 1.10. Volume (24hr): 2.74B USD
- 1.11. Binance Coin (BNB)
- 1.12. Volume (24hr): 1.05B USD
- 1.13. Ripple (XRP)
- 1.14. Volume (24hr): 814M USD
- 1.15. Dogecoin (DOGE)
- 1.16. Volume (24hr): 443M USD
- 1.17. Litecoin (LTC)
- 1.18. Volume (24hr): 400M USD
- 1.19. Polygon (MATIC)
- 1.20. Volume (24hr): 269M USD
10 top traded coins
Are you looking to get in on the cryptocurrency game? Cryptocurrency trading is becoming increasingly popular, and with the rising trend comes a look at some of the top ten most traded coins. Bitcoin trading is one of the most popular options for investors trying to profit from the market. However, other coins, such as Tether, are popular options for investors looking for a haven for their crypto assets. This blog post dives into the top ten most traded coins, looking at all their advantages so you can decide which one to trade in. So let’s dive right into it:
Volume (24hr): 26.36B USD
With a 24-hour trading volume of over 26B, Tether (USDT) is the undisputed king of cryptocurrencies when it comes to trading. It’s been on the cryptocurrency market since 2014 and boasts stats that demonstrate impressive liquidity, making it the most traded coin available. Its popularity is partly attributed to its price stability in an industry that experiences regular fluctuations in its value. Additionally, Tether was designed as a direct link between US dollars and digital assets, allowing traders to switch back quickly and efficiently to fiat currency if they wish. Plus, with its ability to be traded across many different exchanges, it’s easy to buy and sell if needed. That gives traders peace of mind in their wallets and convenience when needed. With all that going its way, you can see why Tether is so popular now!
Volume (24hr): 19.34B USD
Bitcoin is one of the most widely traded cryptocurrency coins on the market for various reasons, and it’s all thanks to its status as the first of its kind. Being the trailblazer of digital money, it gained a ton of attention right off the bat and remains one of the most valuable coins on the market today. Another bonus associated with Bitcoin is its ubiquity; not only is it accepted at many online merchants around the world, but you can also locate physical shops where you can use it to pay for goods and services. Ultimately, Bitcoin has become one of the most traded coins in the world because of its solid technical foundation and reliability as a payment method.
Binance USD (BUSD)
Volume (24hr): 6.38B USD
Binance USD is a rock-solid addition to any crypto portfolio. What makes it so much better than its counterparts? Unlike traditional cryptocurrencies like Bitcoin, which can fluctuate in price, Binance USD is always guaranteed to be worth $1. So you can trade knowing you don’t have to worry about it dropping in value. It’s become one of the most popular coins on the market and a must-have for investors looking for stability while they diversify their digital assets.
Another reason BUSD is so popular is that Binance created this stablecoin for use on the biggest crypto exchange platform. This makes it readily available and easy to buy.
Volume (24hr): 5.79B USD
Ethereum stands out from the crowd when it comes to cryptocurrency trading. This is because it offers various features that make it an attractive option for cryptocurrency traders. Ethereum has its programming language, which allows users to create smart contracts for projects and other applications. It also allows them to issue tokens on the Ethereum network without going through a third-party authority. Ethereum trading volume should be higher because of its popularity and use cases. Still, the transaction costs (gas fees) are high compared to other leading networks, making Ethereum unideal for day-to-day transactions.
Volume (24hr): 2.74B USD
USD coin is also a stablecoin pegged to US dollars. This means that people can securely store their cash without worrying about transaction fees or any risk of price fluctuation. In addition, anyone using USD coin can rest assured that their money will stay the same, no matter how often it is used – perfect for everyday transactions! With a great range of features and low maintenance, it’s no surprise that three stable coins are part of the top five most traded coins.
Binance Coin (BNB)
Volume (24hr): 1.05B USD
Binance Coin (BNB) has become increasingly popular among users on the crypto market due to its many benefits. It all started with Binance’s launch of its cryptocurrency in 2017, which allowed traders to pay fees and transact on their platform more efficiently. Not only did it quickly gain traction with crypto traders on Binance, but BNB has now expanded into different exchanges. The potential for BNB is only getting bigger.
Volume (24hr): 814M USD
XRP, also known as Ripple, is one of the most prolific digital assets on the market, and it’s pretty clear why – it’s endless possibilities! When you think of Ripple, think of versatility: from payments to remittances, there are many uses for the coin. And with built-in liquidity, enterprise applications reap the benefits of using RippleNet. Furthermore, using it doesn’t sacrifice speed – quite the contrary! You’ll experience fast and efficient transactions in high volumes without breaking a sweat. There’s a reason that XRP has become one of the leading coins on the market – it just works!
Volume (24hr): 443M USD
Dogecoin has shot to the moon in popularity over the past few years, and it only takes a quick look at its community and quality to understand why. Brimming with an engaging and fun personality, Dogecoin’s strong online presence helps bring an understanding of blockchain technology to the masses. Its vibrant and supportive community values collaboration and is always quick to shout out accolades for those who make positive changes in the industry. With a low price point, stellar tracking of transactions, and growing support from its users, Dogecoin remains one of the most traded coins on the market.
Volume (24hr): 400M USD
Litecoin (LTC) offers users several advantages, making it an excellent choice for everyday transactions. Founded in 2011 as an open-source blockchain project, Litecoin was one of the first digital currencies designed to similar specifications as Bitcoin. Yet, it has been designed to perform faster than Bitcoin and with greater efficiency, providing users with much faster transaction times. This means making quick international payments or sending large amounts of money is easier and more reliable than other coins. Litecoin also offers lower fees for its users, which is another reason why this coin is quickly becoming one of the most traded coins on the market.
Volume (24hr): 269M USD
Polygon (MATIC) has become one of the most traded coins on the crypto market due to its ability to address some of the most pressing challenges in the Ethereum blockchain. By building a secondary scaling solution directly connected to Ethereum, Polygon allows developers and businesses to tap into the advantages of both networks. It’s like having your cake and eating it too! Thanks to Polygon’s integration with Ethereum, projects can benefit from enhanced flexibility, scalability, and sovereignty without sacrificing security and interoperability. Indeed this makes good business sense since Polygon fees are far lower when compared to Ethereum.