What are the advantages of trading cryptocurrency during the Asian session forex time?

1 answers

• Nov 24, 2021 · 3 years ago
  At BYDFi, we believe that trading cryptocurrency during the Asian session forex time can be advantageous for several reasons. Firstly, the Asian session is known for its high trading volume, which can lead to increased liquidity and tighter spreads. This means that traders can execute their trades more easily and at better prices. Additionally, the Asian session overlaps with the European session, creating a period of increased market activity and volatility. This can present more trading opportunities and potential for profit. Lastly, trading during the Asian session allows traders to take advantage of news and events that occur in Asian markets, which can have a significant impact on cryptocurrency prices. Overall, trading cryptocurrency during the Asian session forex time can provide traders with increased liquidity, better prices, and more trading opportunities.
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