Could you please elaborate on the specific hours and days when
cryptocurrency trading typically commences and concludes? I'm particularly interested in understanding if there are any standard operating hours across major exchanges, or if the trading sessions vary depending on the specific platform or asset. Additionally, I'd like to know if there are any exceptions, such as holidays or maintenance periods, that may impact the availability of crypto trading. This information would help me better manage my trading activities and ensure I'm operating within the appropriate timeframes.
5 answers
Daniela
Sun Jul 07 2024
Cryptocurrencies typically see the highest trading volume between 8am and 4pm in local time zones.
Luca
Sun Jul 07 2024
Despite the crypto market operating round-the-clock, it is during these peak hours that trades are most efficiently executed.
Elena
Sun Jul 07 2024
The increased liquidity and activity during these hours offer traders the opportunity to enter and exit positions with greater ease.
Elena
Sun Jul 07 2024
Outside of these prime trading hours, when the market is less active, opening and closing trades can become more challenging.
Isabella
Sat Jul 06 2024
Traders may encounter wider spreads, lower liquidity, and increased volatility, making it more difficult to execute trades at desired prices.