Opening hours of cryptocurrency exchanges of the world

Time Zones

Although the digital asset market operates without interruption, activity and volatility vary during different periods.

Schedule of trading sessions.

The last columns in the table show the working hours of cryptocurrency exchanges according to Moscow time. And the 2 previous ones display information on the world time. At the same time, it is worth repeating that traders can trade at any time. The platforms work around the clock. Only the activity on the exchange changes.

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Active trading hours

The session is conditionally divided into periods. Active hours depend on the following factors:

• The maximum number of traders on the platforms of the region.
• The period of release of events affecting the rate of cryptocurrencies.

The action of these factors can be traced at the Asian and American sessions. European and Pacific zones, on the contrary, provide calm work of traders.

The influence of time zones can be traced on the chart with the indicator of changes in trade volumes turned on. The Asian session has high indicators. The closure of China, Japan and Singapore affect the trading volumes. During the European activity period, the level of buying and selling of digital assets decreases. After the start of the business day in the US and Canada, there is again a surge in trading, with volumes approaching maximum values. After the close of the American session and during the Pacific region activity is minimal until traders from the Asian zone start their activity.

Best time for trading

The above example shows that the period of the greatest activity of cryptocurrency trading is in the range from 03:00 to 21:00 world time. This period includes the Asian, American and European zones. The latter is included in the best time for trading due to the presence of good moments for profitable transactions.

Period of lower volatility

Experienced traders and crypto investors choose to work during the time of the greatest dynamics of digital assets. However, beginners should trade during periods of lower volatility. For example, during the activity of one session (region) or during a period of general calm.

Start of trading on different markets:

• The European session starts at 09:00-10:00 MSC (depends on the country).
• The trading period on the American market starts at 16:00-17:00 Moscow time (depending on the city).
• The Asian session starts at 02:00-03:00 – the exact time depends on the country of the region (Japan, China, Singapore).

The greatest bursts of activity and volatility are observed during the beginning of the trading session. At the same time, Asian exchanges are able to radically turn the market.

Volumes of liquidity

The opening hours of the world’s crypto exchanges are not the only factor affecting trading. A trader should pay attention to the volumes of liquidity that appear on the market with the arrival of major players. It is recommended not to enter the trades during the period of big changes. As a rule, this happens at the beginning of trading. At this time the dynamics and vector of movement are not quite clear. It is better to wait for the situation to level out and become calmer.

This happens in the middle of the day, the time depends on the region and a particular city. It is not necessary to be tied to the trading session or market, you can always choose a successful entry point.

Weekends and holidays

Cryptocurrency exchanges work without breaks. At the same time, there are no holidays and weekends. However, non-working hours affect market volatility, trading volume and trader activity.

According to the statistics of trading on cryptocurrency markets, most often the bitcoin rate increased on weekends. At the same time, there is a decrease in trading volume. In addition to generally accepted weekends, there are national holidays (Chinese New Year, US Independence Day). During this period, most traders do not participate in trading, there is a lull in the regional market.

The best cryptocurrency exchanges for trading

All transactions with digital assets take place on special platforms. Cryptocurrency exchanges differ in their support of fiat money, trading volume, the number of instruments, the size of commissions for transactions with coins, additional services (mobile applications, bots in Telegram, exchange services, wallets for storage).

The best cryptocurrency exchanges for trading according to CryptoProGuide.com:

• Huobi
• Poloniex
• Bybit
• MEXC
• Binance

Huobi is one of the oldest exchanges on the market. The platform has been operating since August 2013. During this time, it has earned a positive reputation. Features of the platform:

• The country of registration is Seychelles.
• There is a platform for passive income.
• Availability of a credit program – you can borrow fiat and cryptocurrency against collateral.
• Supports P2P trading.
• HT native token.
• 539 coins are available (as of February 2023).
• There is a mobile app.

Poloniex is a global centralized exchange backed by Justin Sun, founder of TRON. The platform was launched in 2014. Features of the platform:

• The country of registration is the United States.
• Mandatory verification.
• There is a mobile application.
• Supports 2 types of trading: spot and margin trading.
• 295 coins are available.

Bybit is one of the most promising crypto exchanges. The platform was founded in 2018. Initially, it offered only derivatives. However, the developers later added spot trading. Features of the platform:

• The country of registration is the Virgin Islands.
• There is copytrading.
• The presence of crypto-loans.
• You can trade in the mobile application.
• 348 coins are available.

MEXC is a global exchange with a large number of cryptocurrencies. The platform was launched in April 2018. Features of the platform:

• A wide range of tools – lunchepad, staking, ETF products, copytrading.
• Supports P2P trading.
• There is a mobile app and a desktop version of the platform.
• There are 1,495 coins available.

Binance is the world’s leading cryptocurrency exchange. The platform has a feature-rich ecosystem that offers a variety of products. Features of the platform:

• P2P trading, exchanger, passive earning tools (farming, steaking and others), mining pool, launchade, crypto loans are available.
• There is its own token BNB.
• You can download an app on your smartphone.
• 383 coins are available.

Summary

Analyzing the charts of cryptocurrency price and trading volume depending on the time of day and region shows the unpredictability of the market. It is difficult to unambiguously determine the ideal time to enter. Traders’ activity hours are not the only criterion. It is necessary to use different tools to analyze the market, take into account all the factors affecting the rate of cryptocurrencies. Constant monitoring of the situation will allow you to choose the optimal time for trading at any time of the day.

You should not be guided by analytics. It is not necessary that the same situation will happen again. It is necessary to take into account historical facts, constantly monitor market behavior and make a decision taking into account all factors.

Frequently asked questions