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What are the advantages of trading cryptocurrency pairs during the Sydney session?

avatarPothireddy 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?

What are the advantages of trading cryptocurrency pairs during the Sydney session?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    At 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.