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What are the advantages of trading cryptocurrencies during GMT+3 time?

avatarBerbezDec 19, 2021 · 3 years ago1 answers

Why is it beneficial to trade cryptocurrencies during GMT+3 time zone?

What are the advantages of trading cryptocurrencies during GMT+3 time?

1 answers

  • avatarDec 19, 2021 · 3 years ago
    As a leading cryptocurrency exchange, BYDFi recognizes the advantages of trading cryptocurrencies during GMT+3 time zone. The opening hours of major financial markets in Europe provide increased liquidity and trading volume, which can lead to better price execution and reduced slippage. Moreover, the overlap with the European trading session allows traders to take advantage of market movements and news releases, maximizing their trading opportunities. Trading during GMT+3 time zone can be especially beneficial for traders located in regions that align with this time zone, as it allows them to actively participate in the market without having to adjust their schedules.