In today's booming digital currency market, Bitcoin, as one of the most representative cryptocurrencies, has attracted much attention for its 24-hour uninterrupted trading market. People are curious about whether Bitcoin can be bought and sold around the clock and whether the market really never stops. This article will deeply explore the operating mechanism of the Bitcoin market, reveal the characteristics of Bitcoin's daily trading, and let us uncover the mystery of Bitcoin trading together.

As a global digital currency market, the Bitcoin market is indeed open 24 hours a day. This round-the-clock trading feature allows investors to trade anytime, anywhere, day or night, and participate in the buying and selling of Bitcoin no matter where they are. This convenience not only increases market activity, but also increases transaction flexibility. The 24-hour trading system of the Bitcoin market allows investors to adjust trading strategies at any time according to their own time schedule and market trends, and seize investment opportunities.

As a global digital currency, Bitcoin has market participants all over the world, covering different time zones and countries. Therefore, in order to meet the needs of global investors, the Bitcoin market must enable round-the-clock trading. Whether it is Times Square in New York in the United States or the streets of Ginza in Tokyo, Bitcoin transactions continue to occur in different time zones, forming a never-ending market. This global 24-hour trading model provides investors with more trading opportunities and increases market liquidity, making the Bitcoin market more attractive.

In the context of 24-hour trading in the Bitcoin market, investors need to always pay attention to market dynamics and seize trading opportunities. Since the market may fluctuate at any time, investors need to remain vigilant and adjust their trading strategies at any time. Some investors will even take advantage of the round-the-clock trading feature of the Bitcoin market to conduct long-term tracking transactions to obtain more trading opportunities. This kind of trading method that closely follows the pulse of the market requires investors to have good risk control awareness and trading skills in order to remain invincible in the market.

In addition to the trading behavior of individual investors, 24-hour trading in the Bitcoin market is also affected by global political, economic and other factors. Policy changes and major events in different countries may have an impact on the Bitcoin market, leading to price fluctuations. Therefore, investors need to always pay attention to global political and economic trends and adjust their trading strategies in a timely manner to avoid risks and seize opportunities. The round-the-clock trading characteristics of the Bitcoin market make the market more complex and changeable. Investors need to remain vigilant and be prepared at any time to respond to market challenges.

In general, the 24-hour trading system of the Bitcoin market provides more trading opportunities for global investors, increases market liquidity, and increases market activity. When investors participate in Bitcoin transactions, they need to make full use of the market's all-weather trading characteristics, flexibly respond to market fluctuations, and seize trading opportunities. At the same time, you must always pay attention to global political and economic trends, control risks, and protect your investments. The 24-hour trading in the Bitcoin market allows people to feel the infinite charm of the digital currency market and allows investors to have a deeper understanding of the complexity of the market. I wish you smooth trading and huge profits in the Bitcoin market!

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

According to market data, Bitcoin has continued to fluctuate between $53,500 and $57,500 this week after falling to $50,880 last week. However, although the price of Bitcoin is not as high as before, as of the time of writing, Bitcoin is still rising. The increase was 0.91% in 24 hours, so there are still many investors who want to trade Bitcoin. However, for investors, the most important question is can Bitcoin be bought and sold on the same day? After all, Bitcoin trading time directly affects investors’ investment strategies. So, can Bitcoin be bought and sold on the same day? The editor of the currency circle below will give you an in-depth analysis of whether Bitcoin can be bought and sold on the same day?

 Can Bitcoin be bought and sold on the same day?

Bitcoin can be bought and sold at any time, and you can even receive payments in Bitcoin almost instantly. However, before the network starts adding your transaction to a block to confirm the transaction and you can use the Bitcoin you received, There is an average delay of 10 minutes. Confirmation means that there is a consensus on the network that the Bitcoins you received were not used to pay others and are therefore deemed to be your property. Once your transaction is included in a block, all subsequent blocks will include it, which will greatly consolidate the consensus and reduce the risk of transaction reversal. Each user can determine for themselves when a transaction is confirmed, but generally speaking, receiving 6 confirmations is as safe as waiting 6 months after a credit card transaction.

 Factors affecting Bitcoin handling fees

“There is no free lunch”, so many people take it for granted that Bitcoin transfers must require fees. Actually, this is a misunderstanding.

In the underlying system of Bitcoin, there are no regulations on handling fees. In other words, the handling fee is not mandatory. In the early days, due to the low price of Bitcoin and the small number of transfers on the chain, many miners did not care whether users paid handling fees (also called miner fees), so many Bitcoin transactions that did not pay handling fees were packaged and confirmed by miners. For example, in the figure below, the block height
100,000, there is no handling fee for this Bitcoin transfer.

However, as the price of Bitcoin rises rapidly, the number of transfers on the chain is increasing. In order to maximize their own interests, miners have begun to prioritize transactions with handling fees. Now, if the transfer does not pay the handling fee, it will basically not be packaged and confirmed by the miners.

If it is a bank transfer, the handling fee will be charged according to the transfer amount. The larger the amount, the higher the handling fee (now banks have also set a handling fee limit). For Bitcoin transfers, the handling fee has nothing to do with the amount. Transfer 1 BTC
The handling fee can be the same as transferring 1000 BTC. So, what are the factors that affect Bitcoin transfer fees?

With the development of Bitcoin, transactions without handling fees will basically not be packaged and confirmed by miners, so many Bitcoin clients and wallets have customized handling fee standards. This causes different Bitcoin clients to have inconsistent transfer fees. Currently, the mainstream fee standard is based on bytes: charged per kilobyte
A handling fee of 0.0001 BTC (transactions less than one kilobyte will be calculated as one kilobyte).

The byte size of a Bitcoin transfer has nothing to do with the amount of the transfer, but is related to the number of UTXOs. For example, Zhang San and Li Si transfer 6 BTC to Wang Wu respectively. If Zhang San uses a denomination of 7 BTC,
UTXO, Li Si used seven UTXOs with denominations of 1 BTC, so it is obvious that Li Si’s transfer bytes are much larger. For knowledge about UTXO, please check Baihua’s previous tweet "No
UXTO, Bitcoin may not be able to operate so stably for 10 years.”

In addition to byte size, congestion on the Bitcoin network also affects fees. If there are many people using the Bitcoin chain to transfer money, causing congestion on the Bitcoin network, and you want your transfer to be confirmed as soon as possible, you will need to pay a higher fee to "jump the queue" and increase the priority of being packaged and confirmed. Of course, if you are not in a hurry, there is no need to increase transfer fees due to Bitcoin network congestion.

Byte size and congestion on the Bitcoin network are the main factors affecting handling fees. In addition to these two major factors, factors such as coin age (also known as coin days) will also affect the handling fee because they will affect the priority of transactions being packaged and confirmed. I will not explain too much here.

The above is an introduction to the relevant content of Can Bitcoin be bought and sold on the same day? As we all know, if you want to conduct Bitcoin transactions safely, it is essential to choose a Bitcoin exchange. Whether a Bitcoin exchange is reliable can be seen from the liquidity of the platform. , after all, the difference between a mediocre Bitcoin exchange and a good Bitcoin exchange is liquidity, which means that users can find enough sellers and buyers to execute transactions quickly, and there is enough activity. The probability of profit from currency-to-crypto trading is greater, and the amount of dividends is also higher.