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What is the impact of Good Friday on the availability of digital currency futures trading?

avatarSmit ThakkarDec 17, 2021 · 3 years ago3 answers

How does Good Friday affect the trading of digital currency futures?

What is the impact of Good Friday on the availability of digital currency futures trading?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Good Friday has a significant impact on the availability of digital currency futures trading. Many exchanges, including Binance and BYDFi, suspend trading on Good Friday to observe the holiday. This means that traders will not be able to buy or sell digital currency futures during this time. It is important for traders to plan ahead and be aware of these trading restrictions to avoid any inconvenience.
  • avatarDec 17, 2021 · 3 years ago
    Good Friday is a public holiday in many countries, and as a result, it can affect the availability of digital currency futures trading. Some exchanges may choose to close or limit trading on Good Friday, which can lead to reduced liquidity and potentially higher volatility in the market. Traders should check with their respective exchanges to understand the specific impact of Good Friday on digital currency futures trading.
  • avatarDec 17, 2021 · 3 years ago
    On Good Friday, the availability of digital currency futures trading may be affected due to the observance of the holiday. While some exchanges may continue to operate as usual, others may choose to suspend or limit trading during this time. It is recommended for traders to check with their preferred exchanges to understand the specific impact and any potential changes in trading hours or restrictions on Good Friday.