Which time zones have the highest trading volume for digital currencies?

1 answers

• Dimer Bwimba MihandagoOct 29, 2023 · 2 years ago
  Based on my experience at BYDFi, I can tell you that the time zones with the highest trading volume for digital currencies are UTC+0 (Coordinated Universal Time), UTC+8 (China Standard Time), and UTC-4 (Eastern Daylight Time). These time zones are known for their active cryptocurrency trading markets and have a significant impact on the overall trading volume. During the trading hours of these time zones, you can expect to see a higher volume of trades and increased market activity. For example, during the morning hours in UTC+8, when the Asian markets are open, there is often a surge in trading volume. However, it's important to note that trading volume can also be influenced by various factors such as market conditions and specific events. It's always a good idea to stay informed and monitor the market to make informed trading decisions.
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