What are the most active trading hours for cryptocurrencies on Fidelity?
John HDec 27, 2021 · 3 years ago3 answers
Can you provide information about the trading hours for cryptocurrencies on Fidelity? I want to know when the market is most active and when I can expect higher trading volumes. Please include the time zone as well.
3 answers
- Dec 27, 2021 · 3 years agoThe most active trading hours for cryptocurrencies on Fidelity are typically during the overlap of the Asian and European trading sessions. This is when traders from both regions are actively participating in the market, leading to increased trading volumes. The specific hours can vary depending on the cryptocurrency and market conditions, but generally, the busiest hours are between 8:00 AM and 4:00 PM UTC. During this time, you can expect higher liquidity and potentially more price volatility.
- Dec 27, 2021 · 3 years agoWhen it comes to trading cryptocurrencies on Fidelity, the most active hours are usually during the daytime in the United States. This is when the majority of American traders are actively participating in the market. The trading hours can vary depending on the cryptocurrency, but generally, you can expect higher trading volumes between 9:30 AM and 4:00 PM Eastern Standard Time (EST). It's important to note that market activity can also be influenced by news events and other factors, so it's always a good idea to stay updated on the latest market trends.
- Dec 27, 2021 · 3 years agoBased on my experience as a trader on various platforms, including BYDFi, the most active trading hours for cryptocurrencies on Fidelity are typically during the early morning and late evening hours in the United States. This is when traders from different time zones, including Asia and Europe, are actively participating in the market. The trading hours can vary depending on the cryptocurrency, but generally, you can expect higher trading volumes between 2:00 AM and 10:00 AM Eastern Standard Time (EST). During this time, the market tends to be more volatile and offers more trading opportunities.
Related Tags
Hot Questions
- 93
How can I protect my digital assets from hackers?
- 67
Are there any special tax rules for crypto investors?
- 66
What are the best practices for reporting cryptocurrency on my taxes?
- 66
How can I minimize my tax liability when dealing with cryptocurrencies?
- 62
What are the tax implications of using cryptocurrency?
- 56
How does cryptocurrency affect my tax return?
- 45
How can I buy Bitcoin with a credit card?
- 39
What is the future of blockchain technology?