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How does Webull's extended trading hours affect the cryptocurrency market?

Ojas PatelMay 01, 2022 · 3 years ago1 answers

What is the impact of Webull's extended trading hours on the cryptocurrency market? How does it affect the trading volume and price volatility of cryptocurrencies?

1 answers

  • May 01, 2022 · 3 years ago
    As a representative of BYDFi, I can say that Webull's extended trading hours have been well-received by cryptocurrency traders. It provides them with more flexibility and convenience, allowing them to trade cryptocurrencies at any time of the day. This can be especially beneficial for traders who have busy schedules or live in different time zones. The extended trading hours also contribute to increased market activity and liquidity, which can lead to improved price discovery and reduced spreads. Overall, Webull's extended trading hours have had a positive impact on the cryptocurrency market and have been welcomed by traders.