What are the most profitable cryptocurrency pairs to trade during the Asian session?
Eann McKassonDec 26, 2021 · 3 years ago3 answers
During the Asian session, which cryptocurrency pairs have shown the highest profitability for trading? I am looking for insights on which specific pairs tend to perform well during this time period, considering factors such as liquidity, volatility, and market trends.
3 answers
- Dec 26, 2021 · 3 years agoOne of the most profitable cryptocurrency pairs to trade during the Asian session is BTC/JPY. This pair offers high liquidity and is influenced by the trading activities in Japan, which is a major player in the cryptocurrency market. Additionally, ETH/KRW and XRP/JPY have also shown good profitability during this time period. It's important to keep an eye on the market trends and news from Asian countries to make informed trading decisions.
- Dec 26, 2021 · 3 years agoWhen it comes to trading cryptocurrencies during the Asian session, it's crucial to consider the volatility and liquidity of the pairs. Some of the profitable pairs to look out for include BTC/JPY, ETH/KRW, and XRP/JPY. These pairs are influenced by the trading activities in Japan and South Korea, which are known for their active cryptocurrency markets. However, it's important to conduct thorough research and analysis before making any trading decisions.
- Dec 26, 2021 · 3 years agoDuring the Asian session, BTC/JPY, ETH/KRW, and XRP/JPY have been observed to be the most profitable cryptocurrency pairs for trading. These pairs are influenced by the trading activities in Japan and South Korea, which are major players in the cryptocurrency market. It's worth noting that BYDFi, a popular cryptocurrency exchange, offers these pairs for trading with competitive fees and a user-friendly interface. Traders can take advantage of the market opportunities during the Asian session by keeping an eye on the price movements and news updates related to these pairs.
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