Our XRPaynet crypto wallets have many great features to help investors earn and spend their cryptocurrency, but it may be easy to underestimate the potential of one key aspect.
This comes with the ‘pairing’ of currencies, a common method of trading that can bring big returns to skilful traders. The Volta Wallet comes with the capacity to have up to 90,000 pairs.
What that does not mean is that an individual trader would be running 90,000 pairing arrangements all at once, as this would be so hard to keep track of. It is just that this is what is technically possible, given the huge number of currencies that are out there, providing a demonstration of the flexibility that exists.
Understanding this and using pairing effectively is a smart move. It can enable you to make quick and agile decisions and make the most of various currencies rising and falling.
Different Kinds Of Pairs
There are some different kinds of pairs that you can set in place:
· Major Pairs: These link a major cryptocurrency with a fiat currency, such as the US dollar, Pound Sterling, or the Euro.
· Minor and Exotic Pairs: These link two lesser-known cryptocurrencies
· Stablecoin pairs: These link a cryptocurrency to a stablecoin, such as pairing Bitcoin with Tether.
How you use these may vary. You may stick to one kind of pairing as a constant strategy, switch between them as market conditions change, or spread your investments more and look to take advantage of different movements in the market and various opportunities that might arise. Ideally, this will secure you good returns that you can spend on your XRP card.
Having gained access to such a system, you might keep a close eye on how particular cryptocurrencies are doing, to see which offer the best prospects.
Bitcoin Or Ethereum?
For instance, Bitcoin has been enjoying a remarkable few months, chiefly because of the second Trump administration’s stated aim of establishing a strategic Bitcoin reserve as well as taking a far more pro-crypto line than the Biden administration.
The result was that Bitcoin values soared above $100,000. Now Brazil is considering the possibility of setting up its own Bitcoin reserve.
Many would consider Bitcoin a great investment as it gains such credibility, although some have questioned this. For instance, The Motley Fool has argued that while it was a “no-brainer” for investors to target Bitcoin in the first half of 2025, this is no longer the case.
It held up Ethereum as the obvious alternative to Bitcoin, noting that over the course of this year so far, Bitcoin values have risen by 20 per cent, but Ethereum by 40 per cent. Against that, however, the longer-term picture shows that Bitcoin has been more lucrative for investors over the past decade.
The analysis noted that, while Bitcoin may have had the initial boost from the current US government, recent stablecoin regulations passed by Congress have been favourable to Ethereum because it shares the same dominant Blockchain as the majority of stablecoins.
An Ethereum Bubble, Or An Inexorable Rise?
However, it noted another plausible explanation was simply that Ethereum has been enjoying a self-perpetuating rise, with higher prices attracting more investors, which in turn pushes the price higher.
To some, of course, that raises the possibility of an unsustainable bubble developing in time. To others, the fact that Ethereum has risen over 250 per cent in value since a low in April means it is an irresistible bandwagon.
These are just the kind of questions that may make some investors choose one currency over another as part of their pair, but with such flexibility in pairing, it is possible to hedge as well.
If this means moving at least some investment activity away from the major currencies like Bitcoin and Ethereum, the question is which might be the best bet. This question might be posed about many currencies and some might pair them off against each other, based on a hunch about which will prevail.
Dogecoin Or Solana?
For example, Motley Fool has also been assessing whether Dogecoin or Solana is the better bet. The first of these being the original meme coin and the latter having one of the most robust technical Blockchain networks. Both, however, have been volatile currencies, which means it is a brave investor who puts all their eggs in one basket.
There are thousands more cryptocurrencies out there that are far less well-known than the ones mentioned here. But having a facility to enable thousands of pairs means that you can make all sorts of different trades right across the market.
In doing so, you might come across the next big thing, whether or not you manage to make the best of trades in the most established and popular currencies.