This can eat into your trading profits. Gas fees often rise on Ethereum, for instance, due to higher transaction volume, happening mostly during bull cycles. When trading volumes are low, volatility tends to be higher. Liquidity means the ease with which a crypto asset can be traded for another asset or cash without losing its value. Another key factor to consider when trading is the liquidity of the market. Assistant professor of finance at Ohio State University in Columbus, Amin Shams, told CNBC that historically trades are lower on weekends, resulting in more volatility. That means the prices of crypto assets move quicker and larger, which will hurt a cryptocurrency trader and slow down execution for big trades.

Friday, Saturday, and Sunday tend to have lower trading volumes than earlier in the week. When is the best time to trade crypto assets? The crypto market’s global and unresting nature is both a challenge and an opportunity for traders. For example, if you are using a decentralized exchange, one of the major things to watch out for is the gas fees on the blockchain you’re trading on. A trader who knows the best time to trade has a better chance of doing better than someone trading at random. Again, while low volumes do not spell disaster for every crypto trading strategy, higher volumes can cause volatility to capitalize on as well as more trading opportunities overall.

What is the best time to trade crypto in US? The best time to trade crypto in the US is approximately 2:30 PM to 4:30 PM UTC (or an hour earlier during daylight savings time), due to the overlap between the London and New York stock exchange opening hours. Crypto is international, meaning that the high volume times are the same worldwide. Trading in this time frame is by no means an absolute rule, and many strategies and market events will not necessarily rely on the trader being active during this time. However, crypto trading volumes are typically highest during this time, and as seen in the previous section, this can be beneficial to those looking for more liquidity and opportunities in the market.

Crypto Trading 0 Fees

With over 10,000 digital currencies and tokens present in the market and hundreds of crypto exchanges, the trading activity can be more lucrative at some times than others. Since banks and traditional financial institutions close on weekends and public holidays, there’s a possibility that trading activities dip on weekends, which can affect market prices. Fall of trading activities in the cryptocurrency market. Liquidity plays a huge role in the volume of trading in cryptocurrency markets. A number of things affect the rise.

What is the best time of the day to buy crypto? High volume and price volatility make this the best time frame for crypto trading for many trading strategies, with 3:00 PM UTC being the best hour to trade crypto, according to this analysis. Crypto trading activity reaches its peak roughly between 2:30 PM and 4:30 PM Universal Standard Time, as seen in our above table showing the overlap of UK and US stock exchange trading.