What are the peak trading hours for cryptocurrencies in Japan?
Dillon FaganDec 17, 2021 · 3 years ago3 answers
Can you provide some information about the peak trading hours for cryptocurrencies in Japan? I'm interested in knowing the specific time periods when trading activity is highest in the Japanese cryptocurrency market.
3 answers
- Dec 17, 2021 · 3 years agoThe peak trading hours for cryptocurrencies in Japan typically occur during the Asian trading session, which is from 9:00 AM to 6:00 PM Japan Standard Time (JST). During this time, there is usually a higher volume of trading activity as traders from Japan and other Asian countries are actively participating in the market. It's important to note that cryptocurrency markets are open 24/7, so there is always some level of trading happening at any given time.
- Dec 17, 2021 · 3 years agoIn Japan, the peak trading hours for cryptocurrencies tend to be in the late afternoon and early evening. This is when both retail and institutional investors are most active in the market. The trading volume usually starts to pick up around 3:00 PM JST and remains high until around 8:00 PM JST. However, it's worth mentioning that the cryptocurrency market is highly volatile and trading activity can vary from day to day.
- Dec 17, 2021 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the peak trading hours for cryptocurrencies in Japan are typically between 4:00 PM and 7:00 PM JST. During this time, there is a higher level of liquidity and trading volume, which can lead to better price execution for traders. It's important for traders to be aware of these peak hours and plan their trading activities accordingly to take advantage of the increased market activity.
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