What are the advantages of trading during the Asian session for crypto?

Why is it beneficial to trade cryptocurrencies during the Asian session?

1 answers
- As an expert in the crypto industry, I can tell you that trading during the Asian session can be highly advantageous. The Asian session is known for its high trading volume, particularly from countries like Japan and South Korea. This increased volume leads to greater liquidity and tighter spreads, making it easier to execute trades at favorable prices. Furthermore, many important announcements and developments in the crypto market occur during the Asian session, giving traders the opportunity to react quickly and capitalize on market movements. Lastly, time zone differences can create price discrepancies between exchanges, which can be exploited for arbitrage opportunities. Overall, trading during the Asian session can provide better liquidity, timely information, and potential arbitrage profits.
Mar 19, 2022 · 3 years ago
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