What is the rationale for Kucoin's allowance of trading before 22:00?
BlueSpaceBoy01Dec 26, 2021 · 3 years ago3 answers
Why does Kucoin allow trading before 22:00? What is the reason behind this decision?
3 answers
- Dec 26, 2021 · 3 years agoKucoin allows trading before 22:00 to cater to the needs of its global user base. By allowing trading during different time zones, Kucoin ensures that users from around the world have access to the platform and can trade at their convenience. This decision helps to increase liquidity and trading volume on the exchange, benefiting both Kucoin and its users.
- Dec 26, 2021 · 3 years agoThe rationale behind Kucoin's allowance of trading before 22:00 is to provide a competitive advantage in the cryptocurrency market. By extending trading hours, Kucoin attracts traders who prefer to trade during non-traditional hours or in different time zones. This strategy helps Kucoin to differentiate itself from other exchanges and attract a wider range of users.
- Dec 26, 2021 · 3 years agoAs a third-party observer, it's interesting to note that Kucoin's decision to allow trading before 22:00 is in line with the trend of global cryptocurrency exchanges expanding their trading hours. This trend is driven by the increasing demand for 24/7 trading and the desire to capture market share in different regions. By allowing trading before 22:00, Kucoin positions itself as a player in the global market and aims to provide a seamless trading experience for its users.
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