In contrast to conventional finance, the cryptocurrency market remains active day and night, operating non-stop, 24/7. This constant activity has led to the rise of a significant trend called “weekend trading,” which presents distinctive investment possibilities for people around the globe.
It’s crucial to recognize the importance of trading cryptocurrencies over the weekend, as this timeframe often sees a high level of influence by individual investors (retail traders). This dominance can shape market behaviors, resulting in unique price fluctuations and trading possibilities that deviate noticeably from weekday trends.
So far, the analysis of historical data from 2022 up until Q3 2024 has revealed some distinctive trends in weekend trading activities. Although price fluctuations have been relatively small, ranging from a decrease of 0.27% to an increase of 1.21%, the volume of trades has shown substantial differences, providing a more intriguing storyline.
Despite a downward trend in trading volume on Saturdays (-31.11% in 2022 and -36.60% in 2023), there was a significant improvement in 2024, with a +10.16% increase observed. Furthermore, the volumes on Sundays in 2024 were notably higher, reaching an impressive +86.69%, compared to just 12.21% in 2023 and a mere 3.86% in 2022.
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Although Saturdays saw decreasing trading volumes in the given timeframe (-31.11% in 2022 and -36.60% in 2023), there was a surprising uptick in 2024 with a +10.16% rise. Moreover, the volume of trades on Sundays in 2024 soared to an impressive +86.69%, in stark contrast to just 12.21% in 2023 and only 3.86% in 2022.
Crafting the perfect weekend trading arsenal
To take full advantage of these significant fluctuations in volume over the weekends, investors should work on devising effective investment strategies specifically for the weekend. The key element to success here lies primarily in making intelligent choices about which assets to invest in, as some cryptocurrencies show more noticeable patterns during the weekend compared to others.
It’s more advantageous for traders to concentrate on assets that consistently offer trading opportunities over the weekend and have a history of increased price fluctuations during weekends.
On weekends, traders often encounter heightened market volatility. Yet, capitalizing on such fluctuations requires a strategic and disciplined approach towards risk management, especially when utilizing leverage.
Instead, consider how traders might use a blend of technical analysis along with knowledge about the unique market movements that occur over weekends (like decreased trading volume and reduced liquidity), to spot possible breakout moments.
In this rapidly expanding field, it’s worth noting that the cryptocurrency exchange VALR stands out as a pioneer. As Africa’s biggest digital asset trading platform, VALR has drawn substantial investment from influential players such as Pantera Capital and Coinbase Ventures, totaling $55 million in equity funding.
Beyond acknowledging the increasing relevance of weekend trading, VALR has recently introduced an engaging Weekend Trading Contest that will take place from January to March 2025. As the title indicates, it provides participants with a chance to vie for a portion of $12,000 in cryptocurrency prizes and benefits from reduced fees (on various internal transactions) throughout the competition.
A Closer Look at VALR’s Weekend Trading Challenge
As a researcher, I’d like to highlight an innovative initiative that caters equally to spot and futures traders. This platform offers significant discounts on trading fees – 15% for spot trades and 25% for futures trades over the weekend. What makes this offer unique is its focus on accessibility and fairness. Unlike other platforms, there’s no need for separate registration for verified users here. Instead, everyone has an equal chance to participate. Moreover, the reward structure is carefully balanced to ensure both seasoned and novice traders can reap the benefits, creating a level playing field for all.
Every week, there are two prize pools worth $500 each (one for spot trading and one for futures trading). These prize pools have been designed to offer continuous interaction possibilities. Additionally, a profitable fee refund program has been established to give instant advantages to all traders involved from the start.
As a analyst, I’d like to clarify that we offer participants a potential earnings of $50 in rebates for weekends, which will be processed and distributed within three business days following the completion of each weekend’s trading cycle.
Furthermore, the system sets a limit of $1,000 in rebates per weekend for everyone, which is divided equally between Saturdays and Sundays. This distribution operates on a first-in, first-served basis to ensure a fair allocation of these benefits among all investors.
To conclude, the design of this challenge stands out for its inclusivity and realistic eligibility conditions. For example, spot traders can become eligible for incentives by merely ensuring a trading volume of at least $500 over the weekend, whereas futures traders need to meet a higher minimum volume of $5,000.
Besides this, the structure of our reward system is designed to motivate regular involvement. The individual who excels in each category will be awarded $120 in either USDC or USDT. Rewards gradually decrease as you move down the top 10 rankings.
Is weekend trading going to be the future of crypto finance?
As an analyst, I’ve been witnessing a significant surge in the adoption of cryptocurrencies over the past few years. By 2024, it’s projected that approximately 6.8% of the global population, or 562 million people, will own these digital assets – a notable 33% rise since 2023. Given this dynamic environment, I believe that grasping and excelling in the practice of weekend trading will become increasingly vital for traders who aim to maximize their returns.
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2025-01-16 17:29