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What are the advantages of trading digital currency pairs during the Sydney session?

avatarKaran AgarwalDec 29, 2021 · 3 years ago1 answers

Why is it beneficial to trade digital currency pairs during the Sydney session?

What are the advantages of trading digital currency pairs during the Sydney session?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, we believe that trading digital currency pairs during the Sydney session can offer unique advantages. The Sydney session is known for its high volatility, which can present opportunities for traders to profit from price fluctuations. Additionally, the overlap with the Asian session provides increased liquidity and trading volume, allowing for smoother execution of trades. The Sydney session also allows traders to react to news and events that occur in the Asian markets, which can have a direct impact on digital currency prices. Overall, trading during the Sydney session can be beneficial for those looking to take advantage of market volatility and capitalize on trading opportunities.