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What are the best trading hours for cryptocurrencies in Europe?

avatarMichael ChengDec 29, 2021 · 3 years ago3 answers

What are the most optimal trading hours for cryptocurrencies in Europe? I want to know the time period during which I can expect the highest liquidity and trading volume for cryptocurrencies in Europe.

What are the best trading hours for cryptocurrencies in Europe?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    The best trading hours for cryptocurrencies in Europe are typically during the overlap of the European and American trading sessions. This is when both markets are open and there is increased trading activity and liquidity. The specific hours can vary depending on the cryptocurrency and market conditions, but generally, it is recommended to focus on the time period between 9:00 AM and 5:00 PM GMT. During this time, you are more likely to find higher trading volumes and tighter spreads, which can be beneficial for executing trades.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to trading cryptocurrencies in Europe, the best hours are usually during the morning and early afternoon. This is when the European markets are most active and there is a higher chance of finding good trading opportunities. However, it's important to keep in mind that the cryptocurrency market is open 24/7, so there are always opportunities to trade regardless of the time. It's also worth noting that certain cryptocurrencies may have specific trading hours or periods of higher volatility, so it's always a good idea to do your research and stay updated on market trends.
  • avatarDec 29, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the best trading hours for cryptocurrencies in Europe are typically between 9:00 AM and 5:00 PM GMT. During this time, there is usually higher liquidity and trading volume, which can result in better execution of trades. However, it's important to note that the cryptocurrency market is highly volatile and can be influenced by various factors, so it's always recommended to stay informed and adapt your trading strategy accordingly. Additionally, it's worth considering the specific trading hours of the cryptocurrencies you are interested in, as some may have different patterns or periods of higher activity.