Which digital currency pairs are recommended for trading in the Asian session?
CryserDec 26, 2021 · 3 years ago3 answers
In the Asian session, which digital currency pairs are considered to be the most recommended for trading? I would like to know which currency pairs tend to have higher liquidity and volatility during this session, as well as any specific factors that make them favorable for trading.
3 answers
- Dec 26, 2021 · 3 years agoDuring the Asian session, digital currency pairs such as BTC/JPY, ETH/JPY, and XRP/KRW are often recommended for trading. These pairs are popular among traders due to their high liquidity and volatility during this session. Additionally, the Asian session is influenced by market activities in countries like Japan and South Korea, which are known for their active involvement in the cryptocurrency market. This can lead to increased trading opportunities and price movements in these currency pairs.
- Dec 26, 2021 · 3 years agoWhen it comes to trading in the Asian session, some of the recommended digital currency pairs include BTC/JPY, ETH/JPY, and XRP/KRW. These pairs are known for their higher liquidity and volatility during this session, making them attractive to traders looking for potential profit opportunities. It's important to keep in mind that market conditions can vary, so it's always a good idea to stay updated with the latest news and analysis to make informed trading decisions.
- Dec 26, 2021 · 3 years agoIn the Asian session, traders often consider digital currency pairs like BTC/JPY, ETH/JPY, and XRP/KRW as recommended options. These pairs tend to have higher liquidity and volatility during this session, which can provide trading opportunities for those looking to capitalize on price movements. However, it's important to conduct thorough research and analysis before making any trading decisions, as market conditions can change rapidly. BYDFi, a leading digital currency exchange, offers a wide range of currency pairs for trading in the Asian session, providing traders with access to various opportunities.
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