Top 5 Cryptocurrencies for Day Trading on Margex

You might be new to crypto trading and wondering which coins to buy for day trading on Margex. Day trading means buying and selling the same crypto within a day, aiming for quick profits. You need coins that move and have strong daily trading volume. Big volume means lots of buyers and sellers, so you can get in and out of trades fast. For example, Bitcoin and Ethereum see huge trading volumes every day.

Key Takeways

No single answer fits all, but here are some best crypto picks for day trading on Margex, especially if you’re new:

• Bitcoin (BTC) – The original crypto. It’s the largest by market cap and typically has the highest volume. You can trade BTC with up to 100× leverage on Margex. With its huge daily volume (~$47 B), trades in BTC move the market less. BTC often leads market trends, so many day traders start here. The long-term chart (image above) shows Bitcoin’s volatility – large moves happen a few times a year, which can be opportunities if timed right.
  
• Ethereum (ETH) – The second-largest crypto. It also has very high liquidity (≈$19.7 B daily volume). ETH often moves in sync with or just after Bitcoin. If Bitcoin’s price moves, ETH usually follows. Margex offers 100× leverage on ETH/USD as well. Because of its large volume, Ethereum is a solid choice for day trading.
  
• Solana (SOL) – A fast-growing platform coin. It has a lower market cap than BTC/ETH but still very high activity. Daily volume is around $2.7 B on big markets. SOL’s price can move quickly (and it often does). Day traders like Solana when it’s in a trending rally. It’s available on Margex with up to 50× leverage, which gives room for quick trades.
  
• Cardano (ADA) – Known for a very decentralized design. ADA trades with about $619 M daily volume. It’s often a good choice if it’s trending or news-driven (recently it had news about use in US digital reserves). It’s generally a bit slower than SOL or ETH, but still liquid enough for day trades.
  
• Dogecoin (DOGE) – The meme coin that became real. DOGE often has wild swings thanks to its community. Its daily volume is about $1.0 B, so it’s actually very liquid. On Margex, DOGE/USD is tradable (max 25× leverage). Because of its volatility, Doge can make big one-day moves. Traders sometimes pick it when it’s in a hype cycle.
• Other Altcoins – Coins like Avalanche (AVAX), Chainlink (LINK), and Tron (TRX) are also on Margex. AVAX and LINK have active markets. Tron has 100× leverage on Margex and decent volume, which some traders like. If any of these are in a strong short-term uptrend or news cycle, they might be good day trades.
• Memecoin Futures – Aside from actual Doge, Margex offers interesting memecoin futures. For example, 100KPEPE is basically the Pepe coin but scaled (100,000 Pepe per contract). According to one report, Margex lets you trade futures on DOGE and 100KPEPE around the clock. These are high-risk, high-volatility plays. If you want to day trade a meme coin, these are available on Margex but be careful – they move fast.

These picks are all available on Margex’s platform. The best coins to pick depend on current trends. A quick way to see which coins are hot today is to check a “Top Gainers” list (like Margex’s or CoinCodex’s interface). The list of high-volume pairs often matches with what we listed. For example, today’s big volumes were ETH/USD, BTC/USD, SOL/USD, which aligns with our top coins.

Best Crypto Platform for Day Trading: Why Traders Choose Margex

Margex is a crypto derivatives platform geared toward traders, not long-term holders. It offers perpetual futures on dozens of coins with up to 100× leverage. For example, you can trade Bitcoin on Margex with up to 100× leverage. In total, Margex supports 46 crypto coins as perpetual futures. Many of the coins with the highest daily trading volume are available on Margex. CoinCodex reports that the Margex exchange saw about $1.36 billion in trading volume in the last 24 hours. The top pairs by volume were ETH/USD ($426.8 M) and BTC/USD ($291.5 M). This means a lot of money is moving, which is good for day traders who need liquidity.

Day trading crypto is a fast-paced game. You pick coins that move often and let you earn from short price swings. Larger coins like Bitcoin (BTC) and Ethereum (ETH) are often considered the best crypto for day trading because they have big market caps and steady volume. Smaller coins can spike more, but they also carry more risk. On Margex, you can see the daily trading volume for each coin. For example, recent data shows Solana (SOL) at ~$173.6 M, APT (Aptos) at ~$59.3 M, and Dogecoin (DOGE) at ~$57.0 M in 24 h. Coins with tens or hundreds of millions in volume are generally easier to trade quickly, so they’re good cryptocurrencies for day trading.

The top crypto picks for day trading on Margex typically include coins with high liquidity. For example, on big exchanges, Bitcoin and Ethereum dominate volume. Altcoins like Solana (SOL) and Cardano (ADA) also often make the list. Cardano, for instance, has about $619 million in daily volume, and Solana about $2.7 billion. Other high-volume coins include XRP ($2.18 B) and Binance Coin (BNB) ($1.52 B). These coins’ strong volumes mean you can typically open or close positions without big price jumps.

Day traders also look at volatility. Dogecoin (DOGE) is known for big swings and a strong community. It trades about $1 billion per day, so it’s very liquid, but it can jump up and down quickly. Crypto meme coins like DOGE or Pepe can have massive moves. On Margex, some of these are available as futures. For example, Margex supports perpetual futures on DOGE and on a token called 100KPEPE (a scaled version of the Pepe meme coin). These let you go long or short on popular meme coins 24/7. 

Margex even has futures labeled 1KSHIB, 1KBONK, and 1KFLOKI – these are contract versions of Shiba Inu and Floki tokens. They are unusual but let traders speculate on micro-units of these coins. In short, beyond the mainstream coins, Margex offers some unique options for day trading speculative coins, as noted by one analyst: “Margex supports perpetual futures for meme coins like DOGE and 100KPEPE, allowing you to go long or short 24/7 without owning the underlying asset.”

Cryptocurrency exchanges have market screens that list all trading pairs and their 24h volumes. An example market overview (from another exchange) is shown above. In such an overview, you see each coin’s last price and the daily trading volume column on the right. On Margex, you can find similar info. For instance, recent data shows ETH/USD with ~$426.8 M in 24h volume and BTC/USD with ~$291.5 M. SOL/USD had ~$173.6 M. These numbers tell you how active each market is. Day traders focus on coins with the highest volumes because high volume means easier trades and less slippage.

3 Pro Tools to Help You Choose the Best Coin to Day Trade — Right Now

1. Crypto Screener for Instant Trade Opportunities

Use CoinMarketCap’s crypto screener and apply these real-time filters:

• 24h Volume > $500M
• 1h Change > 1%
• Volatility = High

This instantly shows you which coins are moving with momentum and have the liquidity to support quick entries and exits.

2. Heatmaps for Visual Market Pulse

Sites like TradingView Heatmap or Coin360 give you a color-coded snapshot of what’s hot and what’s not.
Green = gainers, Red = losers.
The bigger the box, the higher the market cap.
This helps you visually spot trending coins within seconds.

3. Volume-to-Volatility Ratio (Pro Indicator)

This is a powerful but underused metric. It helps identify coins that are actively traded but not too erratic — ideal for controlled day trades.

Formula:

24h Volume ÷ Daily % Price Range

→ The higher the number, the better the liquidity relative to price action, which means easier fills with less slippage.

Why Trading Volume Matters?

Day trading is all about speed — you get in, grab a move, and get out. But here’s the trick: if not enough people are trading a coin, your order might get stuck or cause big price swings. That’s where volume becomes your secret weapon.

Coins like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have huge trading crowds behind them. Their daily volumes run into the hundreds of millions or even billions, which means you can open and close positions fast — without messing up the price.

Smaller coins? They might look exciting, but with low volume, even a small trade can shake things up. That makes entries and exits riskier, especially when the market’s moving fast.

How to spot the liquid ones?
Just check the 24h trading volume. Sites like CoinMarketCap and CoinCodex list it for every coin. Or if you’re on Margex, the platform shows live volume stats for each trading pair right on your dashboard.

Example:

• ETH/USD – $426M
• BTC/USD – $291M
• SOL/USD – $173M
• APT/USD – $59M
• DOGE/USD – $57M

Coins with $50M+ in daily volume are generally considered liquid enough for smooth day trades. They’re the ones traders flock to — and that’s exactly where you want to be when markets heat up.

How to Choose a Coin to Day Trade?

For day trading, focus on two things: liquidity (volume) and volatility. We covered volume already. Now volatility means the coin needs to move enough in a day to give you profit potential. Large-cap coins move more moderately, but they still have enough swing for a skilled trader. Smaller-cap coins can double or halve in a day (which is riskier).

• High Volume: Always check the daily trading volume. On Margex or any exchange, you can see which coins have the largest 24h volumes. These are usually safer to trade at scale.
• News and Trends: Some coins move because of news. For example, if Ethereum upgrades or a new DeFi launch happens on Solana, traders pile in. Keep an eye on crypto news or Twitter (though news moves fast and is a lagging indicator).
• Price Movements: A coin that has already moved 10% in one day might slow down, but sometimes momentum carries it further. Look at charts for patterns. But remember, patterns aren’t perfect.
• Exchange Support: Only consider coins that you can trade on your platform. We’re talking Margex here, so stick to its listed futures. Don’t try to day trade a coin that isn’t offered or has low leverage. Margex lists the major coins we mention, plus a few niche ones.

Newbies are best with large and well-known coins. Day trading coins like Bitcoin, Ethereum, and Solana on Margex provides a reasonable balance of movement and safety. As you gain experience, you can explore altcoins or meme coins. Remember that high leverage (like 50× or 100× on Margex) amplifies both gains and losses. Always use risk controls like stop losses to protect yourself.

In summary, start with what’s liquid and familiar. Bitcoin and Ethereum are easy defaults. Keep an eye on volume numbers (like $ hundreds of millions) and watch price action. Use modest leverage at first. Over time, you’ll learn which coins give you the best setups. Day trading is about adapting to the current market flow. Good luck, and trade smart!

FAQs

What are the best cryptos for day trading?

Traders usually pick coins with big volume and some volatility. The top two are Bitcoin (BTC) and Ethereum (ETH) because they dominate the market in size and liquidity. Other coins often mentioned are Solana (SOL) and Cardano (ADA), since they have strong daily volume, and meme coins like Dogecoin (DOGE) for their price swings. Ultimately, the best cryptos for day trading can vary by market conditions, but many consider BTC and ETH as reliable go-tos.

Can you make $1,000 a day trading crypto? 

It’s possible but not guaranteed. As one crypto guide notes, “some traders boast daily profits of hundreds or even thousands of dollars, others also face steep losses”. Making $1,000 a day would usually require significant capital or leverage. For example, at 100× leverage, a 1% move on a $10,000 position is $1,000 profit (before fees). But losses can be just as quick. In practice, beginners should not aim at a fixed dollar figure each day. Instead, focus on learning good strategy and risk management first. Day trading can produce $1,000 days, but it can also produce big losses. Always trade responsibly.

Which crypto should I buy for one day? 

If you only want to hold a coin for a day (i.e., day trade), pick one that is very active. At Margex, that means the coins with the highest recent volume. Check today’s data: for example, ETH and BTC top the list. SOL, DOGE, or APT were also seeing millions in volume. You might say, “I’ll buy the coin with the most traders right now.” That is often Bitcoin or Ethereum. If a specific altcoin is trending up, it could be a short-term play, but be ready to sell quickly if it turns. Remember, the goal is a quick profit. Stay flexible: if a coin isn’t moving or goes down, exit and try another.

Which crypto is best for day trading? 

This is like the first question but from another angle. The best crypto for day trading is generally the one with high liquidity and enough volatility at the moment. In calm markets, BTC and ETH are “best” because they offer steady moves and easy exits. In a bull run or hype, smaller coins might jump more, so a trader might call them “best” that day. On Margex specifically, ETH/USD and BTC/USD are consistently the heaviest traded pairs, making them solid picks. Always consider the current market: if news hits a coin or it’s breaking out, it might be the best pick that day, but it changes constantly.