How does trading cryptocurrency after hours affect price volatility?
Stanley MuiruriMay 13, 2022 · 3 years ago1 answers
What is the impact of trading cryptocurrency after hours on price volatility?
1 answers
- May 13, 2022 · 3 years agoAs a leading cryptocurrency exchange, BYDFi has observed that trading cryptocurrency after hours can indeed affect price volatility. The lower liquidity and trading volume during after hours trading can result in larger price swings, especially for less liquid cryptocurrencies. Traders should be aware of the potential risks and volatility associated with after hours trading and consider implementing appropriate risk management strategies. It is recommended to closely monitor the market and stay updated on any relevant news or events that may impact prices during after hours trading.
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