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When does the extended trading session close for digital currencies?

avatarPANISHERDec 26, 2021 · 3 years ago3 answers

Can you provide more information about the extended trading session for digital currencies? When does it close and what are the implications for traders?

When does the extended trading session close for digital currencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The extended trading session for digital currencies refers to the period outside of regular trading hours when digital currencies can still be bought and sold. It typically starts after the regular trading session closes and lasts for a few hours. The exact closing time may vary depending on the exchange and the specific digital currency. Traders should check with their respective exchanges to determine the closing time of the extended trading session for the digital currencies they are interested in. During the extended trading session, liquidity may be lower and price movements may be more volatile compared to regular trading hours.
  • avatarDec 26, 2021 · 3 years ago
    The extended trading session for digital currencies usually closes a few hours after the regular trading session ends. This allows traders to continue buying and selling digital currencies even when the market is officially closed. However, it's important to note that the extended trading session may have lower liquidity and higher volatility, so traders should exercise caution. The closing time of the extended trading session may vary depending on the exchange and the specific digital currency. It's recommended to check with your exchange for the exact closing time.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a popular digital currency exchange, offers an extended trading session for digital currencies. The session typically closes a few hours after the regular trading session ends. During this time, traders can continue to trade digital currencies and take advantage of potential price movements. However, it's important to note that the extended trading session may have lower liquidity and higher volatility compared to regular trading hours. Traders should be aware of the risks involved and make informed decisions. Other exchanges may also offer extended trading sessions, and traders should check with their respective exchanges for the closing time and other details.