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How does the trading schedule for USD/JPY differ in the cryptocurrency market?

avatarDarshana kakadeDec 17, 2021 · 3 years ago3 answers

Can you explain the differences in trading schedule for USD/JPY between the traditional forex market and the cryptocurrency market?

How does the trading schedule for USD/JPY differ in the cryptocurrency market?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    In the traditional forex market, trading for USD/JPY usually follows the standard market hours, which are from Sunday evening to Friday evening. However, in the cryptocurrency market, trading for USD/JPY is available 24/7, allowing traders to buy and sell the currency pair at any time of the day or night. This round-the-clock availability is one of the key advantages of trading USD/JPY in the cryptocurrency market.
  • avatarDec 17, 2021 · 3 years ago
    The trading schedule for USD/JPY differs significantly in the cryptocurrency market compared to the traditional forex market. While the forex market has specific trading hours, the cryptocurrency market operates 24/7. This means that traders can trade USD/JPY at any time, even during weekends and holidays. This flexibility can be beneficial for those who want to take advantage of market movements and news events that occur outside of regular trading hours.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to the trading schedule for USD/JPY in the cryptocurrency market, BYDFi offers round-the-clock trading for this currency pair. This means that you can trade USD/JPY on BYDFi at any time, day or night. The 24/7 availability allows you to take advantage of market opportunities and react quickly to price movements. Whether you're a day trader or a long-term investor, BYDFi provides a convenient platform for trading USD/JPY in the cryptocurrency market.