The trading currencies vary by exchange and are as follows:
- Binance: BTC, ETH, BCH, EOS, XRP, BNB (base currency: USDT)
- Liquid: BTC, ETH, BCH, XRP (base currency: JPY)
We mainly check two main criteria for currency selection.
1. Liquidity (or trading volume): this is to minimize the slippage (loss from suboptimal trading prices)
2. Trading track record: the currencies with short trading history on an exchange have limits in backtesting
Therefore, HEYBIT only trades the currencies with the proven track records for enhanced trading performance and safety.