Which hours of the day are most active for cryptocurrency options trading?
jaswal1289Dec 16, 2021 · 3 years ago3 answers
What are the peak hours during the day when cryptocurrency options trading is most active?
3 answers
- Dec 16, 2021 · 3 years agoThe most active hours for cryptocurrency options trading tend to be during the overlap of major trading sessions. This typically occurs when both the Asian and European markets are open, which is around 2:00 AM to 9:00 AM UTC. During this time, there is increased liquidity and trading volume, making it an ideal period for active traders to participate in the market.
- Dec 16, 2021 · 3 years agoThe peak hours for cryptocurrency options trading can vary depending on the specific market and trading platform. However, in general, the highest activity is often observed during the early morning hours (around 4:00 AM to 8:00 AM UTC) and late evening hours (around 6:00 PM to 10:00 PM UTC). These time periods coincide with the opening and closing of major financial markets, leading to increased trading activity.
- Dec 16, 2021 · 3 years agoAccording to BYDFi, a popular cryptocurrency exchange, the most active hours for cryptocurrency options trading are typically between 3:00 AM and 10:00 AM UTC. During this time, traders from different time zones are actively participating in the market, resulting in higher volatility and trading volume. It's important to note that market conditions can vary, and it's always recommended to monitor the market closely and adapt your trading strategy accordingly.
Related Tags
Hot Questions
- 89
How does cryptocurrency affect my tax return?
- 86
What are the advantages of using cryptocurrency for online transactions?
- 86
How can I protect my digital assets from hackers?
- 80
How can I buy Bitcoin with a credit card?
- 73
What are the best digital currencies to invest in right now?
- 72
What are the best practices for reporting cryptocurrency on my taxes?
- 52
How can I minimize my tax liability when dealing with cryptocurrencies?
- 47
What is the future of blockchain technology?