Which time zones have the highest trading volume for digital assets?

3 answers

• Nov 24, 2021 · 3 years ago
  The time zones with the highest trading volume for digital assets are typically the ones that overlap with the major financial centers of the world. These include the Eastern Time Zone (ET) in the United States, the Central European Time Zone (CET) in Europe, and the Asian Time Zones such as Hong Kong Time (HKT) and Tokyo Time (JST). During the overlap of these time zones, there tends to be a higher concentration of trading activities, resulting in increased trading volume. It's important to note that trading volume can vary depending on market conditions and specific digital assets being traded.
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• Nov 24, 2021 · 3 years ago
  When it comes to trading digital assets, the time zones that often have the highest trading volume are the ones where major cryptocurrency exchanges are located. For example, the Eastern Time Zone (ET) in the United States is home to many popular exchanges, including Coinbase and Gemini. Similarly, the Central European Time Zone (CET) is where exchanges like Binance and Bitstamp are based. These exchanges attract a significant amount of trading activity, contributing to the high trading volume in their respective time zones. However, it's worth noting that trading volume can also be influenced by factors such as market sentiment and news events.
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• Nov 24, 2021 · 3 years ago
  According to data from BYDFi, a prominent cryptocurrency exchange, the time zones with the highest trading volume for digital assets are the Eastern Time Zone (ET) in the United States and the Central European Time Zone (CET) in Europe. These time zones are home to several major exchanges, including Coinbase, Binance, and Bitstamp. The trading volume in these time zones is driven by a combination of factors, including the active trading communities, regulatory environments, and the presence of institutional investors. It's important to keep in mind that trading volume can fluctuate based on market conditions and the specific digital assets being traded.
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