Which cryptocurrencies have the highest trading volume during off-peak hours?
Jorge Cascajo GarcinuñoNov 28, 2021 · 3 years ago3 answers
During off-peak hours, which cryptocurrencies experience the highest trading volume?
3 answers
- Nov 28, 2021 · 3 years agoBitcoin (BTC) and Ethereum (ETH) typically have the highest trading volume during off-peak hours. These two cryptocurrencies are the most popular and widely traded, which contributes to their high trading volume even during off-peak times. Traders and investors often choose to trade these cryptocurrencies due to their liquidity and market dominance.
- Nov 28, 2021 · 3 years agoDuring off-peak hours, cryptocurrencies with a large market capitalization tend to have the highest trading volume. This includes Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have established themselves as major players in the market and attract significant trading activity even during off-peak times.
- Nov 28, 2021 · 3 years agoAccording to a recent analysis by BYDFi, a digital currency exchange, the cryptocurrencies with the highest trading volume during off-peak hours are Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These cryptocurrencies have a strong user base and active trading community, which contributes to their high trading volume even during off-peak times. It's important to note that trading volume can vary depending on factors such as market conditions and investor sentiment.
Related Tags
Hot Questions
- 92
How can I buy Bitcoin with a credit card?
- 72
What are the advantages of using cryptocurrency for online transactions?
- 69
How can I minimize my tax liability when dealing with cryptocurrencies?
- 68
Are there any special tax rules for crypto investors?
- 45
How can I protect my digital assets from hackers?
- 29
What is the future of blockchain technology?
- 20
What are the tax implications of using cryptocurrency?
- 17
What are the best practices for reporting cryptocurrency on my taxes?