How do trading sessions in the cryptocurrency market differ from those in the forex market?

3 answers

• Isaac OnekFeb 17, 2021 · 5 years ago
  In the cryptocurrency market, trading sessions are open 24/7, allowing traders to buy and sell digital currencies at any time. This is different from the forex market, which operates during specific trading sessions based on different time zones. Cryptocurrency trading sessions are not limited by geographical boundaries or traditional market hours, providing traders with more flexibility and opportunities for profit.
  420

  210
• dalfyDec 27, 2024 · a year ago
  Trading sessions in the cryptocurrency market are decentralized, meaning that there is no central authority or exchange controlling the market. This is in contrast to the forex market, which is centralized and regulated by financial institutions and governments. The decentralized nature of the cryptocurrency market allows for greater anonymity and independence for traders, but also carries higher risks due to the lack of oversight.
  435

  145
• Zahidul IslamNov 03, 2024 · a year ago
  In the cryptocurrency market, trading sessions are not limited to specific hours or locations. Traders can access the market and trade digital currencies from anywhere in the world, as long as they have an internet connection. This accessibility and global reach make the cryptocurrency market highly dynamic and volatile, with prices fluctuating rapidly. On the other hand, the forex market follows specific trading sessions based on different time zones, with major financial centers such as London, New York, and Tokyo driving the majority of trading activity.
  563

  141