What are the best times to trade cryptocurrency in Australia?

3 answers

• Mar 06, 2022 · 3 years ago
  The best times to trade cryptocurrency in Australia are usually during the overlap of trading hours between different global markets. This typically occurs during the early morning hours in Australia, when the Asian markets are still active and the European markets are just starting to open. During this time, trading activity and market volatility tend to be higher, providing more opportunities for traders. It's important to keep in mind that market conditions can vary, so it's always a good idea to stay updated with the latest news and market trends.
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• Mar 06, 2022 · 3 years ago
  If you're looking for the best times to trade cryptocurrency in Australia, you should consider the trading volume and liquidity of the specific cryptocurrencies you're interested in. Some cryptocurrencies may have higher trading volume and liquidity during certain times of the day, which can present better trading opportunities. Additionally, it's worth noting that major news events and announcements can also impact market volatility and trading activity. Keeping an eye on these factors can help you identify the best times to trade cryptocurrency in Australia.
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• Mar 06, 2022 · 3 years ago
  According to a recent study conducted by BYDFi, the best times to trade cryptocurrency in Australia are typically during the early morning hours, around 2-4 AM local time. This is when the trading activity and market volatility are at their peak, providing more opportunities for profitable trades. However, it's important to note that individual trading strategies and preferences may vary, so it's always recommended to do thorough research and analysis before making any trading decisions.
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