What is the impact of Good Friday on the availability of futures trading in the cryptocurrency market?

3 answers

• Damis AmisJun 11, 2024 · a year ago
  Good Friday has a significant impact on the availability of futures trading in the cryptocurrency market. Many exchanges, including Binance and BYDFi, suspend futures trading on Good Friday to observe the holiday. This means that traders will not be able to open new positions or close existing positions during this time. However, it's important to note that spot trading may still be available on some exchanges. It's always a good idea to check with your specific exchange to see how they handle trading during holidays.
  523

  262
• SRINITHA K ECEJun 25, 2024 · a year ago
  Good Friday can have a major impact on cryptocurrency futures trading. Some exchanges may choose to close their futures markets for the day, while others may operate with reduced trading hours. It's important for traders to be aware of these changes and plan their trading strategies accordingly. Additionally, the reduced liquidity during Good Friday can lead to increased volatility in the market, which may present both opportunities and risks for traders. Overall, it's crucial to stay informed about any changes in trading availability and adjust your trading approach accordingly.
  586

  196
• mohsin phpMar 27, 2022 · 4 years ago
  On Good Friday, the availability of futures trading in the cryptocurrency market can be affected. Some exchanges, like BYDFi, may choose to suspend futures trading for the day to observe the holiday. This means that traders will not be able to enter new positions or close existing positions during this time. However, spot trading may still be available on these exchanges. It's important for traders to plan ahead and be aware of any potential disruptions to their trading activities during holidays like Good Friday. Checking with your exchange and staying informed about their trading schedule is crucial to avoid any surprises.
  632

  158