Which cryptocurrency futures have the longest trading hours?
Anil kumarNov 24, 2021 · 3 years ago3 answers
I'm curious to know which cryptocurrency futures have the longest trading hours. Can you provide some insights on which exchanges offer extended trading hours for cryptocurrency futures? I'm particularly interested in knowing if Binance and BYDFi have longer trading hours compared to other exchanges. Are there any advantages to trading on exchanges with longer trading hours?
3 answers
- Nov 24, 2021 · 3 years agoSome cryptocurrency exchanges offer extended trading hours for their futures contracts. Binance, for example, has longer trading hours compared to many other exchanges. This can be advantageous for traders who want to take advantage of price movements that occur outside of regular trading hours. By having longer trading hours, Binance allows traders to react to news and events that may impact the market during non-traditional trading times. However, it's important to note that trading during extended hours can also come with increased risks, such as lower liquidity and higher volatility. So, while longer trading hours can provide more opportunities, traders should also consider the potential risks involved.
- Nov 24, 2021 · 3 years agoYes, Binance is known for its extended trading hours for cryptocurrency futures. This means that traders can access the market and trade futures contracts even when other exchanges are closed. Binance's longer trading hours allow traders to react quickly to market movements and news that may occur outside of regular trading hours. However, it's important to keep in mind that trading during extended hours can be more volatile and may have lower liquidity compared to regular trading hours. So, while longer trading hours can be advantageous, traders should also be aware of the potential risks involved.
- Nov 24, 2021 · 3 years agoWhile Binance is a popular choice for cryptocurrency futures trading, it's worth mentioning that BYDFi also offers extended trading hours for its futures contracts. This means that traders can access the market and trade futures contracts even when other exchanges are closed. BYDFi's longer trading hours provide traders with more flexibility and the ability to react quickly to market movements. However, as with any trading during extended hours, it's important to be aware of the potential risks, such as increased volatility and lower liquidity. Traders should carefully consider their trading strategies and risk tolerance before engaging in trading during extended hours on BYDFi or any other exchange.
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