Are there any specific cryptocurrencies that are more active during after-hours trading?

3 answers

• Nov 29, 2021 · 3 years ago
  During after-hours trading, some cryptocurrencies tend to have higher trading activity compared to others. This is mainly due to the fact that different cryptocurrencies have different global user bases, and trading activity can vary depending on the time zone of these users. Additionally, certain cryptocurrencies may have more active communities or specific events that drive trading activity during after-hours. It's important to note that trading activity during after-hours can be more volatile and less liquid compared to regular trading hours, so it's crucial to exercise caution and do thorough research before making any trading decisions.
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• Nov 29, 2021 · 3 years ago
  Yes, there are specific cryptocurrencies that are more active during after-hours trading. This can be attributed to various factors such as the geographical distribution of their user base, the availability of trading platforms, and the overall market sentiment. Some cryptocurrencies may have a higher concentration of users in regions where after-hours trading is more common, while others may have partnerships with exchanges that offer extended trading hours. It's always a good idea to check the trading volume and liquidity of a cryptocurrency during after-hours trading before making any investment decisions.
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• Nov 29, 2021 · 3 years ago
  BYDFi, a digital currency exchange, has observed that certain cryptocurrencies tend to have higher trading activity during after-hours. This can be attributed to the fact that after-hours trading allows traders from different time zones to participate, resulting in increased liquidity and trading volume. However, it's important to note that trading during after-hours can also be riskier due to lower liquidity and higher volatility. Traders should exercise caution and use appropriate risk management strategies when trading cryptocurrencies during after-hours.
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