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TagsHow does trading cryptocurrency after hours affect price volatility?
developer developerMar 18, 2022 · 3 years ago1 answersWhat is the impact of trading cryptocurrency after hours on price volatility?
1 answers
- As a leading cryptocurrency exchange, BYDFi has observed that trading cryptocurrency after hours can indeed affect price volatility. The lower liquidity and trading volume during after hours trading can result in larger price swings, especially for less liquid cryptocurrencies. Traders should be aware of the potential risks and volatility associated with after hours trading and consider implementing appropriate risk management strategies. It is recommended to closely monitor the market and stay updated on any relevant news or events that may impact prices during after hours trading.Mar 18, 2022 · 3 years ago
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