What time does Coinbase's daily trading volume peak?

Can you tell me the specific time when Coinbase's daily trading volume reaches its peak? I'm curious to know when the highest trading activity occurs on Coinbase.

4 answers
- The daily trading volume on Coinbase usually peaks during the early morning hours, around 3-4 AM UTC. This is when the Asian markets are active and traders from different time zones are actively participating in the market. During this time, you can expect higher liquidity and increased trading activity on Coinbase.
Mar 18, 2022 · 3 years ago
- Coinbase's daily trading volume typically reaches its peak during the late evening hours, around 9-10 PM UTC. This is when the European and American markets are active, and traders are actively buying and selling cryptocurrencies. If you're looking to take advantage of higher trading volumes, this time period might be ideal for you.
Mar 18, 2022 · 3 years ago
- Based on my experience at BYDFi, Coinbase's daily trading volume usually peaks around 6-7 AM UTC. This is when traders in different regions, including Asia, Europe, and America, are actively participating in the market. During this time, you can expect a surge in trading activity and higher liquidity on Coinbase.
Mar 18, 2022 · 3 years ago
- The peak time for Coinbase's daily trading volume varies depending on market conditions and external factors. However, based on historical data, the highest trading activity on Coinbase is often observed during the early morning hours, around 3-4 AM UTC. This is when traders from different time zones are actively trading, resulting in increased trading volume.
Mar 18, 2022 · 3 years ago
Related Tags
Hot Questions
- 91
What are the tax implications of using cryptocurrency?
- 88
How can I minimize my tax liability when dealing with cryptocurrencies?
- 83
What is the future of blockchain technology?
- 76
How can I buy Bitcoin with a credit card?
- 74
How can I protect my digital assets from hackers?
- 55
What are the best digital currencies to invest in right now?
- 34
What are the advantages of using cryptocurrency for online transactions?
- 14
How does cryptocurrency affect my tax return?