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What is the best time to trade cryptocurrencies in the central time zone?

avatarr3dzod1acDec 25, 2021 · 3 years ago3 answers

What are the optimal trading hours for cryptocurrencies in the central time zone? I'm looking for the most active and liquid periods to maximize my trading opportunities.

What is the best time to trade cryptocurrencies in the central time zone?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The best time to trade cryptocurrencies in the central time zone is during the overlap of the European and US trading sessions, which is typically from 8:00 AM to 12:00 PM CST. During this time, there is increased trading volume and volatility as traders from both regions are active. It's important to note that cryptocurrency markets are open 24/7, but trading activity tends to be higher during specific hours.
  • avatarDec 25, 2021 · 3 years ago
    If you're a day trader, the most favorable time to trade cryptocurrencies in the central time zone is usually in the morning, between 9:30 AM and 11:30 AM CST. This is when the US stock market opens and can have a significant impact on cryptocurrency prices. However, it's always recommended to monitor market conditions and news events that may affect the market before making any trading decisions.
  • avatarDec 25, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the best time to trade cryptocurrencies in the central time zone is during the early morning hours, between 4:00 AM and 6:00 AM CST. This is when trading activity is relatively low, and you may find better opportunities for price discovery and executing trades with lower slippage. However, it's important to consider your own trading strategy and risk tolerance before following any specific recommendations.