Which digital currencies have the highest trading volume during non-trading hours?
Friis MichaelsenJan 01, 2022 · 3 years ago3 answers
During non-trading hours, which digital currencies experience the highest trading volume?
3 answers
- Jan 01, 2022 · 3 years agoThe digital currencies with the highest trading volume during non-trading hours vary depending on the market and the specific time period. However, some of the commonly traded cryptocurrencies during non-trading hours include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have a large user base and are actively traded around the clock. Additionally, stablecoins like Tether (USDT) and USD Coin (USDC) are also popular during non-trading hours as they provide stability and liquidity to traders.
- Jan 01, 2022 · 3 years agoWhen it comes to trading volume during non-trading hours, Bitcoin (BTC) usually takes the lead. As the most well-known and widely adopted cryptocurrency, Bitcoin attracts a significant amount of trading activity even when traditional markets are closed. Other popular digital currencies that experience high trading volume during non-trading hours include Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have established themselves as key players in the market and are actively traded by investors and traders around the world.
- Jan 01, 2022 · 3 years agoAccording to data from BYDFi, a digital currency exchange, the digital currencies with the highest trading volume during non-trading hours are Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These cryptocurrencies have a strong user base and are known for their high liquidity. During non-trading hours, traders often take advantage of price fluctuations and engage in speculative trading, leading to increased trading volume for these cryptocurrencies. It's important to note that trading volume can vary depending on the specific time zone and market conditions.
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