When does the pre market for digital currencies begin?

3 answers

• Jan 05, 2022 · 3 years ago
  The pre market for digital currencies typically begins a few hours before the regular market opens. It allows traders to place orders and make trades before the official market hours. Participating in the pre market can provide opportunities to react to news and events that may affect the market once it opens. It's important to note that trading volumes during the pre market are usually lower compared to regular market hours, which can result in increased volatility and wider spreads.
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• Jan 05, 2022 · 3 years ago
  The pre market for digital currencies usually starts around 4:00 AM UTC. This early trading session allows traders to react to news and events that occur outside of regular market hours. Participating in the pre market can be advantageous for those who want to take advantage of potential price movements before the regular market opens. However, it's important to consider the risks associated with trading during this time, such as lower liquidity and higher volatility.
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• Jan 05, 2022 · 3 years ago
  BYDFi, a popular digital currency exchange, offers a pre market trading session for its users. The pre market on BYDFi starts at 3:00 AM UTC and allows traders to place orders and make trades before the regular market opens. Participating in the pre market can provide an edge for traders who want to react quickly to market-moving events and potentially take advantage of price discrepancies. However, it's important to carefully consider your trading strategy and risk tolerance before participating in the pre market.
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