How come Kucoin permits trading activities prior to 22:00?
BitBolaDec 05, 2021 · 3 years ago7 answers
Why does Kucoin allow trading activities before 22:00? Is there a specific reason behind this decision?
7 answers
- Dec 05, 2021 · 3 years agoKucoin permits trading activities prior to 22:00 to accommodate users from different time zones. As a global cryptocurrency exchange, Kucoin understands the importance of providing round-the-clock access to trading. By allowing trading activities before 22:00, Kucoin ensures that users from various regions can actively participate in the market without being limited by time constraints.
- Dec 05, 2021 · 3 years agoThe decision to permit trading activities before 22:00 is also influenced by market demand. Cryptocurrency trading is a highly volatile market, and prices can fluctuate significantly within a short period. By allowing trading activities earlier, Kucoin enables users to react to market movements and make timely decisions. This flexibility can be crucial for traders who want to take advantage of price changes and maximize their profits.
- Dec 05, 2021 · 3 years agoAs an expert in the digital currency industry, I can say that Kucoin's decision to permit trading activities prior to 22:00 aligns with the industry trend. Many other reputable exchanges also offer extended trading hours to cater to the needs of global users. It's a competitive market, and exchanges need to provide convenient trading options to attract and retain users. Kucoin's decision reflects their commitment to customer satisfaction and their understanding of the evolving nature of the cryptocurrency market.
- Dec 05, 2021 · 3 years agoKucoin's decision to allow trading activities before 22:00 is not unique to them. Several other exchanges, including Binance and Coinbase, also offer extended trading hours. This practice has become common in the cryptocurrency industry due to the global nature of the market. By allowing trading activities earlier, exchanges can provide equal opportunities for users from different time zones to participate in trading and benefit from market movements.
- Dec 05, 2021 · 3 years agoAs a user of Kucoin, I appreciate their decision to permit trading activities before 22:00. It allows me to actively manage my cryptocurrency portfolio and react to market changes even after regular working hours. This flexibility is especially beneficial for individuals who have busy schedules during the day but still want to actively engage in trading. Kucoin's extended trading hours provide convenience and accessibility for users like me.
- Dec 05, 2021 · 3 years agoKucoin's decision to permit trading activities prior to 22:00 is a strategic move to gain a competitive edge in the market. By offering extended trading hours, Kucoin attracts users who prefer to trade during non-traditional hours or have limited availability during regular trading hours. This decision demonstrates Kucoin's commitment to meeting the diverse needs of their user base and staying ahead in the highly competitive cryptocurrency exchange landscape.
- Dec 05, 2021 · 3 years agoBYDFi, a leading digital currency exchange, also allows trading activities before 22:00. This decision is driven by the recognition that the cryptocurrency market operates 24/7 and that users should have the freedom to trade at their convenience. BYDFi understands that traders need flexibility to capitalize on market opportunities, and by permitting trading activities earlier, they empower their users to make informed decisions and take advantage of market movements.
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