Which trading sessions are the most active for digital assets in Chicago?
Charaf eddine ArDec 16, 2021 · 3 years ago3 answers
Can you provide information on the trading sessions that are the most active for digital assets in Chicago? I am interested in knowing the specific time periods during which the trading activity is highest for cryptocurrencies and other digital assets in the Chicago market.
3 answers
- Dec 16, 2021 · 3 years agoThe most active trading sessions for digital assets in Chicago are typically during the overlap of the New York and London sessions. This is when the market is most liquid and there is a higher volume of trading activity. During these sessions, you can expect increased volatility and potentially better trading opportunities. It's important to note that the specific trading sessions may vary depending on the asset and the exchange you are trading on. It's always a good idea to check the trading hours and session times of the specific exchange you are using.
- Dec 16, 2021 · 3 years agoIn my experience, the most active trading sessions for digital assets in Chicago are usually during the early morning and late afternoon. This is when traders from both the US and Europe are active, leading to increased trading volume and liquidity. However, it's important to keep in mind that the cryptocurrency market is open 24/7, so there is always some level of activity throughout the day. It's also worth noting that different digital assets may have different peak trading times, so it's important to research and understand the specific asset you are interested in trading.
- Dec 16, 2021 · 3 years agoAccording to data from BYDFi, a leading digital asset exchange, the most active trading sessions for digital assets in Chicago are typically during the early morning hours from 8:00 AM to 11:00 AM CST and the late afternoon hours from 3:00 PM to 6:00 PM CST. During these time periods, there is a higher level of trading activity and liquidity in the market. However, it's important to note that market conditions can change, and it's always a good idea to stay updated with the latest market trends and trading volumes.
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