What are the best trading hours for digital currencies on ASX?
ozanakyolDec 29, 2021 · 3 years ago3 answers
Can you provide information on the optimal trading hours for digital currencies on the Australian Securities Exchange (ASX)? I am looking to maximize my trading opportunities and want to know when the market is most active and liquid. What are the peak trading hours for digital currencies on ASX?
3 answers
- Dec 29, 2021 · 3 years agoThe best trading hours for digital currencies on ASX are typically during the overlap of the Australian and Asian trading sessions. This is when there is increased trading activity and liquidity in the market. The peak hours usually occur between 9:30 AM and 4:00 PM Australian Eastern Standard Time (AEST). During this time, you can expect higher trading volumes and potentially better price movements. It's important to note that market conditions can vary, so it's always a good idea to monitor the market and adjust your trading strategy accordingly.
- Dec 29, 2021 · 3 years agoIf you're looking for the best trading hours for digital currencies on ASX, you should focus on the times when there is the most market activity. Generally, this occurs during the regular trading hours of the ASX, which are from 10:00 AM to 4:00 PM AEST. However, it's worth noting that digital currencies are traded 24/7, so there may still be opportunities outside of these hours. It's always a good idea to keep an eye on the market and be aware of any major news or events that could impact trading activity.
- Dec 29, 2021 · 3 years agoBased on my experience as a trader on BYDFi, a digital currency exchange, the best trading hours for digital currencies on ASX are typically during the morning session, between 9:30 AM and 11:30 AM AEST. This is when the market is most active and there is higher liquidity. However, it's important to keep in mind that market conditions can change, and it's always a good idea to stay updated with the latest market news and trends. Additionally, it's worth noting that digital currencies are traded globally, so there may be opportunities outside of the ASX trading hours as well.
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