What are the best Asian session pairs for trading cryptocurrencies?
Paavani DhirDec 27, 2021 · 3 years ago3 answers
I'm looking to trade cryptocurrencies during the Asian session and I want to know which currency pairs are the best for this time period. Can you recommend the most profitable Asian session pairs for trading cryptocurrencies?
3 answers
- Dec 27, 2021 · 3 years agoDuring the Asian session, some of the best cryptocurrency pairs to trade are BTC/JPY, ETH/JPY, and XRP/KRW. These pairs are highly liquid and have a significant trading volume during the Asian trading hours. It's important to note that the volatility and liquidity of different cryptocurrency pairs can vary during different sessions, so it's always a good idea to monitor the market and adjust your trading strategy accordingly.
- Dec 27, 2021 · 3 years agoIf you're looking for high volatility and potential profits during the Asian session, you might consider trading BTC/USD, ETH/USD, and LTC/USD. These pairs are not directly tied to the Asian market, but they can still experience significant price movements during the Asian trading hours due to global market factors. However, it's important to be aware of the potential risks and volatility associated with trading these pairs.
- Dec 27, 2021 · 3 years agoAccording to BYDFi, one of the top cryptocurrency exchanges, the best Asian session pairs for trading cryptocurrencies are BTC/JPY, ETH/JPY, and XRP/KRW. These pairs have a strong trading volume and liquidity during the Asian trading hours, making them ideal for traders looking to take advantage of the Asian market. However, it's always recommended to do your own research and analysis before making any trading decisions.
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