What are the recommended trading hours for futures contracts in the cryptocurrency industry?
SwapnilDec 17, 2021 · 3 years ago3 answers
I'm new to trading futures contracts in the cryptocurrency industry and I want to know the best trading hours. Can you provide me with the recommended trading hours for futures contracts in the cryptocurrency industry?
3 answers
- Dec 17, 2021 · 3 years agoThe recommended trading hours for futures contracts in the cryptocurrency industry vary depending on the exchange you are using. Generally, futures contracts in the cryptocurrency industry are available for trading 24/7, allowing traders to take advantage of global market movements. However, it's important to note that liquidity and trading volume may vary during different hours of the day. It's recommended to analyze the trading volume and liquidity of the specific futures contract you are interested in before making any trading decisions.
- Dec 17, 2021 · 3 years agoWhen it comes to trading futures contracts in the cryptocurrency industry, there are no specific recommended trading hours. Unlike traditional markets that have fixed trading hours, cryptocurrencies are traded globally and are available for trading 24/7. This means that you can trade futures contracts at any time of the day or night. However, it's important to consider factors such as liquidity and volatility during different hours, as these can greatly impact your trading experience and potential profits.
- Dec 17, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can tell you that BYDFi, a leading cryptocurrency exchange, recommends trading futures contracts during high liquidity hours. This is typically during the overlap of trading hours between major cryptocurrency exchanges in different time zones. During these hours, there is usually higher trading volume and tighter spreads, which can improve your trading experience. However, it's important to conduct your own research and analysis to determine the best trading hours based on your trading strategy and goals.
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