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Are there specific hours for trading cryptocurrencies on Oanda?

avatarHammond McGrathDec 30, 2021 · 3 years ago3 answers

Can you provide information about the specific trading hours for cryptocurrencies on Oanda? What are the best times to trade cryptocurrencies on this platform?

Are there specific hours for trading cryptocurrencies on Oanda?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Yes, Oanda does have specific trading hours for cryptocurrencies. The trading hours for cryptocurrencies on Oanda are from Sunday 5:00 PM ET to Friday 5:00 PM ET. It's important to note that trading hours may vary depending on the specific cryptocurrency. It's always a good idea to check the trading hours for the specific cryptocurrency you're interested in before placing any trades. As for the best times to trade cryptocurrencies on Oanda, it's generally recommended to trade during the busiest trading hours when there is higher liquidity and volatility in the market. This typically occurs during the overlap of trading sessions, such as the overlap between the Asian and European sessions or the European and North American sessions.
  • avatarDec 30, 2021 · 3 years ago
    Absolutely! Oanda has specific trading hours for cryptocurrencies. The trading hours for cryptocurrencies on Oanda are determined by the market and are available 24/7. However, it's important to note that liquidity and trading volumes may vary during different times of the day. It's generally recommended to trade during the busiest trading hours when there is higher liquidity and more trading opportunities. This is typically during the overlap of trading sessions, such as the overlap between the Asian and European sessions or the European and North American sessions. Keep in mind that market conditions can also affect the best times to trade, so it's always a good idea to stay updated with the latest market news and analysis.
  • avatarDec 30, 2021 · 3 years ago
    Yes, there are specific trading hours for cryptocurrencies on Oanda. Oanda provides access to cryptocurrency trading through its partnership with BYDFi. The trading hours for cryptocurrencies on Oanda are from Sunday 5:00 PM ET to Friday 5:00 PM ET. However, it's important to note that trading hours may vary depending on the specific cryptocurrency. It's always a good idea to check the trading hours for the specific cryptocurrency you're interested in before placing any trades. As for the best times to trade cryptocurrencies on Oanda, it's generally recommended to trade during the busiest trading hours when there is higher liquidity and volatility in the market. This typically occurs during the overlap of trading sessions, such as the overlap between the Asian and European sessions or the European and North American sessions.