What are the advantages of trading cryptocurrency during premarket hours?

1 answers

• Mehak NiyazAug 15, 2020 · 5 years ago
  Trading cryptocurrency during premarket hours can be advantageous, especially for those who prefer to react quickly to market developments. By trading during this time, you can potentially take advantage of price movements that occur due to news or events that happen overnight. Additionally, the reduced trading volume during premarket hours can result in lower transaction costs and better execution prices. However, it's important to note that premarket trading can also be more volatile and less liquid, so it may not be suitable for all traders. It's always recommended to do thorough research and consider your risk tolerance before engaging in premarket trading.
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