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Author: Admin | 2025-04-27
Most investors only have a small portion of a single coin. Since Bitcoin will stop being mined once 21 million coins are in circulation, investors are holding onto it in anticipation of a change in supply and demand. Ethereum is the second most held cryptocurrency, and it's also the go-to option for people who want to make purchases with their holdings instead of hang onto their investments. Litecoin is the third most held currency, with an $81 million maximum on the mining process. People are largely attracted to Litecoin because the transaction fees for it are lower than with Bitcoin, and it also has higher transaction power than Bitcoin. Ripple is the fourth most held currency, functioning as a way to make real time exchanges across borders. Because Ripple lowers the exchange rates for currency and lets you make exchanges in real time, it has more practical real world application than a lot of competing virtual currencies. Zcash is the next most held currency, a knockoff of Bitcoin that has more anonymous transactions due to lacking a public ledger. There are benefits and drawbacks to all of the most popular coin options on the Coinbase platform. Each of them is unique in its structure, network, use, and transaction power. What are the most traded currencies on Coinbase? In 2020, Bitcoin trades made up 41% of the total Coinbase trading volume, making Bitcoin the most traded currency on Coinbase. That year, Ethereum was the second most traded currency on Coinbase - making up 15% of the total trading volume. Here is a chart of the most traded currencies on Coinbase: Asset Share (2020) Bitcoin 41% Ethereum 15% Other crypto assets 44% Litecoin No data Source: Coinbase(1) Here is a list of the most traded currencies on Coinbase. Bitcoin is the most
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