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Finance

When Are Ethereum Gas Fees Lowest? Best Time and Days to Trade Cryptos

If you want to trade on the weekdays, you will do best to trade when most people are sleeping or working. Considering that Ethereum is being traded 24/7 across all time zones, that makes things a bit trickier, but there are still times when prices are lower than others.

In general, the worst times to trade Ethereum are in the afternoons and evenings in the Eastern time zone. Anywhere between 4 p.m. to 12 a.m. ET generally tends to be the busiest, as multiple time zones will have people who are either just getting off work or about to go to bed. Conversely, the best time to trade Ethereum would be when people are sleeping. Between 1 a.m. and 8 a.m. works best if you want the lowest transaction fees possible.

In terms of specific weekdays, Tuesdays and Thursdays tend to be the busiest for Ethereum. On the other end of the spectrum, weekends tend to be less busy overall, with Sunday having perhaps the least volume of all other days of the week. However, crypto markets never sleep. Considering how active social media is, prices are always reacting to whatever big news is going on in the crypto ecosystem. If there’s a big announcement or piece of news, any day at any time could become incredibly busy.  

View more information: https://marketrealist.com/p/when-are-ethereum-fees-lowest/

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