common-close-0
BYDFi
Trade wherever you are!

What are the most active hours for cryptocurrency trading in the Pacific region?

avatarBenson GallegosDec 25, 2021 · 3 years ago3 answers

Can you provide information on the peak hours for cryptocurrency trading in the Pacific region? I'm interested in knowing the specific time periods when trading activity is highest in this region.

What are the most active hours for cryptocurrency trading in the Pacific region?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The most active hours for cryptocurrency trading in the Pacific region are typically between 12:00 PM and 6:00 PM UTC. During this time, traders from countries such as Japan, South Korea, and Australia are actively participating in the market. It's important to note that cryptocurrency trading is a 24/7 market, so there is always some level of activity throughout the day. However, the mentioned time period tends to see higher trading volumes and increased volatility.
  • avatarDec 25, 2021 · 3 years ago
    If you're looking to trade cryptocurrencies in the Pacific region, the best time to do so is during the afternoon and evening hours. This is when the market is most active and you're more likely to find better liquidity and tighter spreads. Keep in mind that market conditions can vary, so it's always a good idea to monitor the market and adjust your trading strategy accordingly.
  • avatarDec 25, 2021 · 3 years ago
    According to data from BYDFi, a popular cryptocurrency exchange, the most active hours for trading in the Pacific region are typically between 2:00 PM and 8:00 PM UTC. During this time, there is a higher influx of traders from various countries in the region, leading to increased trading volumes and price movements. It's important to stay updated with the latest market trends and news to make informed trading decisions during these hours.