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Are there any specific hours for trading digital assets before the market opens?

avatarminikishDec 16, 2021 · 3 years ago3 answers

Is there a specific time frame for trading digital assets before the market officially opens? I'm wondering if there are any limitations or restrictions on trading digital assets during this period.

Are there any specific hours for trading digital assets before the market opens?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are specific hours for trading digital assets before the market opens. Most exchanges have a pre-market trading session that allows traders to place orders before the official market opening. However, the availability and duration of this pre-market session may vary depending on the exchange. It's important to check with your specific exchange to determine the exact trading hours before the market opens.
  • avatarDec 16, 2021 · 3 years ago
    Trading digital assets before the market opens can be advantageous for some traders. During this period, there may be less competition and increased volatility, which can present opportunities for profit. However, it's important to note that liquidity may be lower during this time, and spreads may be wider. Traders should carefully consider the risks and benefits before engaging in pre-market trading.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, offers a pre-market trading session for its users. This session allows traders to place orders and execute trades before the market officially opens. The pre-market trading hours at BYDFi are from 8:00 AM to 9:30 AM UTC. This provides traders with an opportunity to react to market news and events before the regular trading session begins. It's important to note that not all exchanges offer pre-market trading, so it's advisable to check with your specific exchange for their trading hours.