Which trading sessions have the highest trading volume for altcoins?
Ajay DecoresSep 27, 2023 · 2 years ago3 answers
Can you provide insights on which trading sessions typically have the highest trading volume for altcoins? I'm interested in knowing the specific time periods during which altcoin trading activity is at its peak.
3 answers
- TJLJan 13, 2021 · 5 years agoThe trading sessions with the highest trading volume for altcoins usually occur during the Asian and European trading hours. This is because these regions have a significant number of active cryptocurrency traders and exchanges. During these time periods, there is a higher likelihood of increased trading activity and liquidity for altcoins.
- aztectimeAug 17, 2020 · 5 years agoAltcoin trading volume tends to be highest during the early morning hours in Asia and the late afternoon to evening hours in Europe. This is when traders in these regions are most active and engaged in the market. It's important to note that trading volume can also be influenced by market news, events, and other factors, so it's always a good idea to stay updated and monitor the market closely.
- Abernathy RomeroNov 04, 2024 · 9 months agoBased on my experience at BYDFi, the trading sessions with the highest trading volume for altcoins are typically during the Asian trading hours. This is due to the active participation of Asian traders and the presence of major cryptocurrency exchanges in the region. However, it's important to keep in mind that trading volume can vary depending on market conditions and specific altcoins being traded. It's always recommended to analyze historical data and monitor market trends for accurate insights.
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