Coins Correlations on BTCMarkets

ENJ
GLM
HBAR
NEAR
ALGO
FLR
ONDO
PENDLE
COMP
UNI
AAVE
XRP
XLM
LINK
SAND
BSV
MANA
SUI
BCH
DOT
OMG
RNDR
BTC
SOL
AVAX
ETC
IMX
BAT
ETH
LTC
AXS
ADA
POWR
ENJ
0.930.930.90.950.920.910.60.980.910.80.940.960.940.980.810.990.690.870.980.910.890.770.760.930.950.630.990.860.890.980.920.95
ENJ
GLM
0.930.830.940.850.830.910.680.90.870.810.830.840.880.920.750.930.750.820.880.890.860.750.730.910.870.720.930.830.840.920.820.97
GLM
HBAR
0.930.830.860.960.960.910.550.940.850.680.990.960.920.90.870.940.750.890.950.820.90.830.830.920.960.480.930.850.920.920.970.89
HBAR
NEAR
0.90.940.860.840.860.950.670.90.830.80.860.830.890.850.830.90.810.860.880.870.950.80.770.940.90.710.90.850.860.890.870.94
NEAR
ALGO
0.950.850.960.840.960.880.520.940.860.710.970.970.90.950.820.950.680.850.960.860.880.770.750.90.940.530.960.830.890.940.930.89
ALGO
FLR
0.920.830.960.860.960.870.450.910.790.630.960.940.870.910.810.920.660.820.940.830.890.740.710.880.930.550.920.790.880.910.920.86
FLR
ONDO
0.910.910.910.950.880.870.780.910.890.830.910.870.950.860.920.930.890.950.90.820.950.920.90.970.950.550.90.940.950.920.930.94
ONDO
PENDLE
0.60.680.550.670.520.450.780.60.790.80.550.530.760.540.740.650.870.810.570.530.620.850.860.740.680.250.570.810.760.670.640.73
PENDLE
COMP
0.980.90.940.90.940.910.910.60.90.810.950.960.960.960.840.980.710.890.980.890.90.80.790.950.970.60.970.890.90.980.940.94
COMP
UNI
0.910.870.850.830.860.790.890.790.90.860.870.890.940.90.830.930.820.920.890.820.80.870.870.920.930.430.890.910.90.920.890.92
UNI
AAVE
0.80.810.680.80.710.630.830.80.810.860.690.690.870.760.770.80.740.820.760.770.770.770.770.850.810.530.790.880.760.830.740.84
AAVE
XRP
0.940.830.990.860.970.960.910.550.950.870.690.970.930.930.880.950.750.90.970.830.90.840.830.930.970.450.940.870.930.930.980.89
XRP
XLM
0.960.840.960.830.970.940.870.530.960.890.690.970.920.960.810.970.690.870.980.850.840.790.780.90.950.490.950.840.910.950.950.89
XLM
LINK
0.940.880.920.890.90.870.950.760.960.940.870.930.920.910.910.960.830.960.950.830.90.910.910.970.980.480.930.960.950.960.960.94
LINK
SAND
0.980.920.90.850.950.910.860.540.960.90.760.930.960.910.770.980.650.840.970.90.830.730.720.90.930.590.980.830.870.970.890.93
SAND
BSV
0.810.750.870.830.820.810.920.740.840.830.770.880.810.910.770.850.890.960.850.690.90.960.930.910.930.280.820.940.940.840.930.83
BSV
MANA
0.990.930.940.90.950.920.930.650.980.930.80.950.970.960.980.850.760.910.980.90.890.830.810.950.970.570.980.890.930.990.940.96
MANA
SUI
0.690.750.750.810.680.660.890.870.710.820.740.750.690.830.650.890.760.90.710.610.80.950.940.870.820.250.690.890.870.730.830.81
SUI
BCH
0.870.820.890.860.850.820.950.810.890.920.820.90.870.960.840.960.910.90.90.750.880.970.960.950.960.350.860.970.970.910.950.9
BCH
DOT
0.980.880.950.880.960.940.90.570.980.890.760.970.980.950.970.850.980.710.90.880.90.810.790.940.970.550.970.880.910.970.960.92
DOT
OMG
0.910.890.820.870.860.830.820.530.890.820.770.830.850.830.90.690.90.610.750.880.810.660.630.860.840.760.930.750.770.90.790.89
OMG
RNDR
0.890.860.90.950.880.890.950.620.90.80.770.90.840.90.830.90.890.80.880.90.810.840.810.930.920.570.90.890.870.890.910.89
RNDR
BTC
0.770.750.830.80.770.740.920.850.80.870.770.840.790.910.730.960.830.950.970.810.660.840.990.90.90.220.760.960.940.820.910.83
BTC
SOL
0.760.730.830.770.750.710.90.860.790.870.770.830.780.910.720.930.810.940.960.790.630.810.990.890.890.20.740.950.920.810.90.82
SOL
AVAX
0.930.910.920.940.90.880.970.740.950.920.850.930.90.970.90.910.950.870.950.940.860.930.90.890.960.550.930.940.940.950.950.96
AVAX
ETC
0.950.870.960.90.940.930.950.680.970.930.810.970.950.980.930.930.970.820.960.970.840.920.90.890.960.470.950.940.960.960.980.93
ETC
IMX
0.630.720.480.710.530.550.550.250.60.430.530.450.490.480.590.280.570.250.350.550.760.570.220.20.550.470.640.370.380.60.390.64
IMX
BAT
0.990.930.930.90.960.920.90.570.970.890.790.940.950.930.980.820.980.690.860.970.930.90.760.740.930.950.640.860.880.980.910.95
BAT
ETH
0.860.830.850.850.830.790.940.810.890.910.880.870.840.960.830.940.890.890.970.880.750.890.960.950.940.940.370.860.940.90.930.89
ETH
LTC
0.890.840.920.860.890.880.950.760.90.90.760.930.910.950.870.940.930.870.970.910.770.870.940.920.940.960.380.880.940.920.950.9
LTC
AXS
0.980.920.920.890.940.910.920.670.980.920.830.930.950.960.970.840.990.730.910.970.90.890.820.810.950.960.60.980.90.920.920.95
AXS
ADA
0.920.820.970.870.930.920.930.640.940.890.740.980.950.960.890.930.940.830.950.960.790.910.910.90.950.980.390.910.930.950.920.89
ADA
POWR
0.950.970.890.940.890.860.940.730.940.920.840.890.890.940.930.830.960.810.90.920.890.890.830.820.960.930.640.950.890.90.950.89
POWR
ENJ
GLM
HBAR
NEAR
ALGO
FLR
ONDO
PENDLE
COMP
UNI
AAVE
XRP
XLM
LINK
SAND
BSV
MANA
SUI
BCH
DOT
OMG
RNDR
BTC
SOL
AVAX
ETC
IMX
BAT
ETH
LTC
AXS
ADA
POWR

BTCMarkets is one of the larger and more reputable Australian Bitcoin exchanges since its founding in 2013. They have recently shifted their focus to add more popular trading pairs that give breadth and depth to their trading offerings. Fees are the big advantage with this exchange with a reasonable to non existent set of charges for withdrawal and deposit and average trading fees at 0. 22%. BTC Markets are the Australian partner for the Ripple On-Demand Liquidity program. BTC Markets technology provides remitters access to Rippl. s On-Demand Liquidity (ODL) payments solution. Cross-border payments are now completed in seconds. The market-leading technology is a first for Australia. Telegram | LinkedIn | Faceboo. . Instagram

Every exchange in the market has its asset selection, and the market correlation between these assets is essential in building a portfolio that maximizes the risk-adjusted return on your crypto investing strategies. The correlation tables below can help investors find the exchange with the right combination of assets based on their objectives.
Choosing the best crypto exchanges is a crucial prerequisite in successful cryptocurrency trading. If you err when finding the best exchanges, the risks of losses and delays in payments are imminent. Due diligence when choosing the right platform to use is thus vital to protect your cryptocurrency investment. The goal of any cryptocurrency investor is maximizing return and minimizing risk. One strategy for maximizing risk-adjusted returns is selecting the exchange that offers trading pairs that are not perfectly correlated to each other. Additionally, investors can reduce their exposure to individual coin risk by holding a diversified digital asset portfolio on a given exchange. Diversification will allow for the same portfolio return with reduced risk. The correlation screener will help you find relationships between any cryptocurrency on a given exchange, enabling you to manage your cryptocurrency portfolio risk more effectively.