Are there any specific hours during which cryptocurrency trading on the NYSE is more active?
GAMING DennyDec 17, 2021 · 3 years ago3 answers
Can you provide information about the specific hours during which cryptocurrency trading on the New York Stock Exchange (NYSE) is more active? I'm interested in understanding the times of the day when trading volume tends to be higher and if there are any patterns or trends that can be observed.
3 answers
- Dec 17, 2021 · 3 years agoDuring the regular trading hours of the NYSE, which are from 9:30 AM to 4:00 PM Eastern Time, cryptocurrency trading activity can vary. However, it's important to note that the NYSE primarily deals with traditional securities rather than cryptocurrencies. Cryptocurrency trading is more commonly associated with cryptocurrency exchanges, which operate 24/7. These exchanges, such as Binance, have their own trading hours that are not tied to the NYSE. Therefore, if you're specifically looking for active cryptocurrency trading, it's recommended to check the trading hours of popular cryptocurrency exchanges.
- Dec 17, 2021 · 3 years agoWhen it comes to cryptocurrency trading on the NYSE, it's important to understand that the NYSE is primarily focused on traditional securities. While there may be some limited cryptocurrency trading activity on the NYSE, it is not the main hub for cryptocurrency trading. If you're interested in actively trading cryptocurrencies, it's recommended to explore dedicated cryptocurrency exchanges that operate outside of the NYSE trading hours.
- Dec 17, 2021 · 3 years agoCryptocurrency trading on the NYSE is not as active as on dedicated cryptocurrency exchanges. The NYSE has specific trading hours from 9:30 AM to 4:00 PM Eastern Time, but these hours primarily apply to traditional securities. Cryptocurrency trading is more active on cryptocurrency exchanges like BYDFi, which operate 24/7. These exchanges provide a wider range of cryptocurrencies and offer trading opportunities outside of the NYSE trading hours. If you're interested in cryptocurrency trading, it's worth exploring these dedicated exchanges.
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