What are the peak hours for crypto trading in India?
Josua RamirezDec 28, 2021 · 3 years ago3 answers
Can you provide me with information on the peak hours for cryptocurrency trading in India? I am interested in knowing the specific time periods during which trading activity is highest in the Indian crypto market.
3 answers
- Dec 28, 2021 · 3 years agoThe peak hours for crypto trading in India typically occur between 9:00 AM and 12:00 PM IST. During this time, there is usually a surge in trading activity as traders in India start their day and participate in the market. It is important to note that these hours may vary depending on the specific cryptocurrency and market conditions.
- Dec 28, 2021 · 3 years agoCrypto trading in India experiences peak hours during the late evening, between 8:00 PM and 11:00 PM IST. This is when traders who work during the day have more time to actively engage in trading. The market tends to be more volatile during these hours, presenting both opportunities and risks for traders.
- Dec 28, 2021 · 3 years agoAccording to data from BYDFi, a popular cryptocurrency exchange, the peak hours for crypto trading in India are typically between 10:00 AM and 2:00 PM IST. During this time, there is a higher volume of trades and increased market activity. Traders often take advantage of this period to execute their strategies and capitalize on market movements.
Related Tags
Hot Questions
- 97
What are the tax implications of using cryptocurrency?
- 87
What are the best digital currencies to invest in right now?
- 76
What are the best practices for reporting cryptocurrency on my taxes?
- 68
What are the advantages of using cryptocurrency for online transactions?
- 64
How does cryptocurrency affect my tax return?
- 44
How can I buy Bitcoin with a credit card?
- 39
Are there any special tax rules for crypto investors?
- 36
How can I protect my digital assets from hackers?