What is the best time to trade ASX listed cryptocurrencies?

3 answers

• Dec 26, 2021 · 3 years ago
  The best time to trade ASX listed cryptocurrencies is during the peak trading hours when the market is most active. This is typically between 9:30 AM and 4:00 PM Australian Eastern Standard Time (AEST). During these hours, there is higher liquidity and increased trading volume, which can result in better price execution and reduced slippage. It's important to note that market conditions and volatility can vary, so it's always recommended to monitor the market and stay updated with the latest news and developments.
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• Dec 26, 2021 · 3 years ago
  If you're looking for a more specific answer, it's worth considering the trading patterns and behaviors of the cryptocurrencies you're interested in. Some cryptocurrencies may experience higher trading volumes and price movements during certain times of the day or week. It can be helpful to analyze historical data and identify any recurring patterns or trends. Additionally, keeping an eye on major news events and announcements that may impact the ASX and the broader cryptocurrency market can also provide insights into potential trading opportunities.
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• Dec 26, 2021 · 3 years ago
  According to a recent analysis by BYDFi, a leading cryptocurrency exchange, the most active trading hours for ASX listed cryptocurrencies are typically between 10:00 AM and 2:00 PM AEST. During this time, there is a higher concentration of trading activity and increased price volatility. However, it's important to note that individual trading strategies and risk tolerance may vary, so it's always recommended to conduct thorough research and consult with a financial advisor before making any trading decisions.
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