What are the popular cryptocurrencies that see increased activity outside of regular trading hours?
Dushant PariskarDec 16, 2021 · 3 years ago3 answers
Which cryptocurrencies are known for experiencing higher trading volumes during non-peak trading hours?
3 answers
- Dec 16, 2021 · 3 years agoDuring non-peak trading hours, some popular cryptocurrencies that tend to experience increased activity include Bitcoin, Ethereum, and Ripple. These cryptocurrencies have a large user base and are traded across different time zones, leading to continuous trading activity even when major markets are closed. Traders and investors who operate in different time zones may take advantage of these periods to execute trades and capitalize on potential price movements.
- Dec 16, 2021 · 3 years agoWhen it comes to increased activity outside of regular trading hours, cryptocurrencies like Bitcoin Cash, Litecoin, and Cardano also stand out. These coins have established themselves as popular choices among traders and investors, and their liquidity allows for active trading even during non-peak hours. It's important to note that while these cryptocurrencies may see increased activity, the overall trading volume during non-peak hours is typically lower compared to peak trading hours.
- Dec 16, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, has observed that Bitcoin, Ethereum, and Binance Coin often exhibit higher trading volumes during non-peak hours. This can be attributed to the global nature of these cryptocurrencies and the fact that they are actively traded across various time zones. Traders who are active during non-peak hours may find opportunities to take advantage of price fluctuations and execute trades on BYDFi's platform.
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