The crypto market is a world of its own, active 24/7, borderless, and crossing time zones. Unlike traditional financial markets, there is no closing bell for it. But does this mean there is an optimal time to buy crypto online? Or is the idea of a “right hour” just a myth?
Let’s find out.
The Global Nature of Crypto
The cryptocurrency market never sleeps and its 24/7 nature means there is always something happening somewhere in the world. Historically, the crypto activity patterns have shifted from region to region. In the past, Asian markets used to drive most of the activity but in recent years, it has become more centered around the US market hours. Data shows that NYSE opening hours see a spike in cryptocurrency transaction volumes as digital currency enthusiasts get into action.
But weekends are a different story. Institutional participants step back and the market is left to the smaller players and bots. This reduced participation means the weekend activity can be less predictable, hence the popular advice emerges: “Never trust the weekend.”
Liquidity and Volume: Timing Matters
Timing matters for different reasons depending on your goals. If you are looking to make big exchanges, high liquidity and market volume are important. More liquidity means there are more buyers and sellers, so price slippage is reduced and transactions become smoother. Times when the US and European market overlap times tend to be the most liquid, making it suitable to buy crypto online.
For smaller exchanges, liquidity may not be as important but dealing during stable times can reduce the risk of price shocks. It is about knowing when the market is most active—and if that activity works in your favor.
Moreover, if you are in the decentralized finance (DeFi) space, timing becomes essential, not just for market movements but also for saving on associated fees. For instance, Ethereum gas fees can spike during peak network usage which often coincides with US market hours. Participants with smaller portfolios might find the early morning or late night hours more cost-effective for transactions.
Some General Conceptions About The “Right Hour” to Buy Crypto Online
Some people argue that early mornings, before US markets open, are the best time to buy crypto online. This is when the market is quiet and prices are less affected by the day’s activity. Others say that the overlap between Western and Asian market hours around 1 am UTC is the most volatile time and creates big price movements.
While these theories are intriguing, they are not foolproof. The crypto market is heavily influenced by external factors like regulatory announcements or global economic shifts. These events can happen without warning and disrupt even the most established patterns.
At Bintense, we understand that timing is just one part of the equation. Our cryptocurrency exchange maintains a seamless and hassle-free environment for anyone looking to buy crypto online. We pride ourselves on being transparent with no hidden fees so you can exchange crypto confidently at any time.
Bottom Line
The idea of a “right hour” to buy crypto online is part myth, part mindset. While certain patterns and trends can improve decision-making, the unpredictable nature of the market means there is no one-size-fits-all approach. Timing your trades can be useful but being informed and adaptable is way more important.
We, at Bintense, believe that crypto buying and selling should be safe and accessible, no matter the time of day. With our secure and efficient platform, you can focus on making informed decisions without the stress of market timing.
Risk warning: The exchange of digital currency is considered a risky transaction with highly speculative outcomes. Purchasing or selling Cryptocurrency carries significant risk. The company does not act as a financial advisor, does not provide investment advisory services or guidance. The company does not guarantee any profit from any activity associated with its services. You should carefully consider if holding digital currency is suitable depending on your financial circumstances.