What are the peak trading hours for cryptocurrencies in the UK?
SCITECHEDec 25, 2021 · 3 years ago3 answers
Can you provide information on the peak trading hours for cryptocurrencies in the UK? I would like to know when the highest trading volume and liquidity can be expected in the UK market.
3 answers
- Dec 25, 2021 · 3 years agoThe peak trading hours for cryptocurrencies in the UK generally coincide with the trading hours of major global cryptocurrency exchanges. This means that the highest trading volume and liquidity can be expected during the overlap of trading hours between different time zones. For example, the peak trading hours often occur during the overlap of trading hours between the UK and the US, as well as the UK and Asia. During these hours, there tends to be increased market activity and price volatility.
- Dec 25, 2021 · 3 years agoIn my experience, the peak trading hours for cryptocurrencies in the UK are usually between 9:00 AM and 5:00 PM GMT. This is when most traders are active and the market tends to be more liquid. However, it's important to note that the cryptocurrency market is open 24/7, so there can still be significant trading activity outside of these hours.
- Dec 25, 2021 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the peak trading hours for cryptocurrencies in the UK are typically between 12:00 PM and 4:00 PM GMT. During these hours, there is usually a higher trading volume and increased market activity. However, it's important to keep in mind that market conditions can vary, and it's always a good idea to monitor the market and adjust your trading strategy accordingly.
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