What are the advantages of trading cryptocurrency pairs during the Sydney session?
Pothireddy SushmithaDec 25, 2021 · 3 years ago1 answers
Why is it beneficial to trade cryptocurrency pairs during the Sydney session? What advantages does this session offer for cryptocurrency trading?
1 answers
- Dec 25, 2021 · 3 years agoAt BYDFi, we believe that trading cryptocurrency pairs during the Sydney session can be advantageous for several reasons. The Sydney session overlaps with the Asian session, which is known for its high trading volume and market volatility. This increased activity can lead to more opportunities for profit and increased liquidity in the market. Additionally, trading during the Sydney session allows traders to react quickly to news and events that occur in the Asian markets, which can have a significant impact on cryptocurrency prices. Overall, trading cryptocurrency pairs during the Sydney session can offer traders the chance to take advantage of increased market activity and potentially make more profitable trades.
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