BITCOIN - Which international Pair is BEST
The currency pair you trade (BTC/USD, BTC/CNY, etc) does not need to be a habit or a consequence of nationality, but a decision you review at least once a year. Bitcoin makes it easy to change your instruments and broker/exchange. The most commonly traded pairs are BTC/CNY (Bitcoin/Chinese Yuan) and BTC/USD (Bitcoin/US Dollar). Most banks and merchants accept either and there is liquidity in these currency markets, meaning you can get in and out of BTC/CNY and BTC/USD with relative ease. The trader’s choice of currency may also be based on practical considerations: it simply depends on what is more convenient for you. For example, if you have a GBP-based bank account then it’s rational to trade BTC/GBP and withdraw the fiat without having to pay fees on exchanging, say, USD to GBP. Cryptocoin News 15 March 2015
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