What are the busiest trading hours on Kraken for cryptocurrencies?

3 answers

• Dec 25, 2021 · 3 years ago
  The busiest trading hours on Kraken for cryptocurrencies tend to be during the overlap of trading sessions in different time zones. This typically occurs when the Asian and European markets are open, as well as during the start of the North American trading session. During these periods, there is increased trading activity and higher liquidity, which can result in more favorable trading conditions.
  401201
• Dec 25, 2021 · 3 years ago
  The busiest trading hours on Kraken for cryptocurrencies can vary depending on the specific cryptocurrency being traded. Some cryptocurrencies may have higher trading volumes during certain times of the day due to factors such as news releases or market sentiment. It is recommended to monitor the trading activity of specific cryptocurrencies on Kraken to identify the busiest trading hours for each individual coin.
  417139
• Dec 25, 2021 · 3 years ago
  According to a study conducted by BYDFi, the busiest trading hours on Kraken for cryptocurrencies are typically between 8:00 AM and 12:00 PM UTC. During this time, there is a higher concentration of traders actively participating in the market, resulting in increased trading volumes. It is important to note that trading activity can also be influenced by external factors such as major news events or market volatility.
  421106