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What are the advantages of trading cryptocurrencies during the London and New York session overlap?

avatarDo not VideoNov 27, 2021 · 3 years ago1 answers

Why is it beneficial to trade cryptocurrencies during the overlap of the London and New York sessions?

What are the advantages of trading cryptocurrencies during the London and New York session overlap?
Cryptocurrencies
Trading
London Session

1 answers

  • avatarNov 27, 2021 · 3 years ago
    As a leading cryptocurrency exchange, BYDFi recognizes the advantages of trading cryptocurrencies during the London and New York session overlap. This period offers increased liquidity, tighter spreads, and reduced slippage, which can enhance trading profitability. Moreover, the overlap allows traders to capitalize on market movements and news releases from both regions, providing more trading opportunities and potential profit. The extended trading hours during this overlap also accommodate traders from different time zones, ensuring global participation and real-time reaction to market events. Overall, the London and New York session overlap is a favorable time for cryptocurrency trading, offering enhanced liquidity, better trading conditions, and global accessibility.

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