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What is the best time to trade cryptocurrencies in the UK?

avatarDominik KosDec 16, 2021 · 3 years ago3 answers

When is the most favorable time to trade cryptocurrencies in the UK considering market volatility and liquidity?

What is the best time to trade cryptocurrencies in the UK?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    The best time to trade cryptocurrencies in the UK is during the overlap of trading hours between the London and New York sessions. This is when the market is most active and liquidity is high. It is important to note that cryptocurrency markets are open 24/7, but trading volume tends to be higher during these overlapping hours. Additionally, keeping an eye on major news announcements and economic events can help identify potential trading opportunities.
  • avatarDec 16, 2021 · 3 years ago
    Well, mate, if you're looking for the best time to trade cryptocurrencies in the UK, you gotta consider the London session. That's when things really start heating up. The market gets busy and you'll find more liquidity. But hey, don't forget that crypto never sleeps, so you can trade anytime you want. Just keep an eye on the news and be ready to pounce on those opportunities!
  • avatarDec 16, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the best time to trade cryptocurrencies in the UK is during the London session, which typically starts at 8:00 AM GMT. This is when trading activity is at its peak, and you'll find the most liquidity. However, it's important to remember that the cryptocurrency market is highly volatile and can be traded 24/7. So, if you're up for it, you can trade anytime you want, but be prepared for some wild swings!