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Unlike trading stocks and commodities, the cryptocurrency market isn’t traded on a regulated exchange. Rather, the bitcoin market and every other cryptocurrency market is open 24/7 across a growing number of exchanges.
Successful crypto traders understand that, although the market for digital currency is open nonstop, more trades are successful if transacted when global market activity is high. Outside the hours of these global markets, trading can be light, potentially resulting in weaker exchange rates and difficulty in selling your coins. Our time converter displays open and close times for global markets in your local time zone so that you can gauge when volume might be highest to make exchanging cryptocurrencies easier.
Your local time is
|Global market||Local time||Current status|
|New York (US)|
|Seoul (South Korea)|
|Hong Kong (China)|
A market’s peak trading hours is typically 8 a.m. to 4 p.m. in its local time. These are the trading hours that usually drive the highest trade volume in each region. Although a market can be “closed,” there might be huge movements in the global market depending on news and speculations.
Crypto trade volume dips and soars as people trade within huge global markets. These global markets come with firm trading hours, which can be helpful if you’re analyzing a specific digital currency against price predictions.
Add to this that global markets react differently to the news. For instance, business headlines that might prompt a quick reaction from Americans — affecting the price of a specific coin — might not make as many waves in, say, the South Korean market. If you decide you’re game for the notorious volatility of cryptocurrency, use our market time converter to translate open and close hours for markets around the world into your own time zone.
Find an exchange to buy, sell and trade cryptocurrencies by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
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