How does the weekend trading of cryptocurrencies work?

1 answers

• Penn AghanguAug 21, 2024 · a year ago
  At BYDFi, weekend trading of cryptocurrencies operates similarly to weekday trading. The market remains open 24/7, allowing traders to buy and sell cryptocurrencies at any time. While the trading volume may be slightly lower during weekends, there are still opportunities to take advantage of price movements. However, it's important to note that liquidity can be lower during weekends, which means that larger trades may have a more significant impact on the market. Traders should also be aware of the potential for higher price volatility during weekends. Overall, weekend trading can be a viable option for traders, but it's crucial to stay informed about market conditions and adjust strategies accordingly.
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