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What are the most active hours for cryptocurrency trading in Hong Kong?

avatarHarsh PrajapatiDec 17, 2021 · 3 years ago3 answers

Could you please provide more information about the most active hours for cryptocurrency trading in Hong Kong? I am interested in knowing the specific time periods when trading activity is at its peak in Hong Kong.

What are the most active hours for cryptocurrency trading in Hong Kong?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The most active hours for cryptocurrency trading in Hong Kong are generally between 9:00 AM and 5:00 PM local time. During this time, there is a higher volume of trading activity as traders from different time zones, such as Asia, Europe, and the Americas, overlap. It's important to note that cryptocurrency markets are open 24/7, but the trading volume tends to be higher during these hours.
  • avatarDec 17, 2021 · 3 years ago
    In Hong Kong, the most active hours for cryptocurrency trading are typically during the morning and early afternoon. This is when traders in Asia are active and when the markets in Europe and the Americas are still open. However, it's important to remember that cryptocurrency markets are decentralized and operate 24/7, so there is always some level of trading activity happening at any given time.
  • avatarDec 17, 2021 · 3 years ago
    According to BYDFi, a popular cryptocurrency exchange, the most active hours for trading in Hong Kong are usually between 10:00 AM and 4:00 PM local time. During these hours, there is a higher trading volume and increased market activity. However, it's important to keep in mind that cryptocurrency markets can be highly volatile, and trading activity can vary depending on market conditions and other factors.