Are cryptocurrency markets always open?
Cryptocurrency markets are nearly always open; the only time cryptocurrency exchanges could be shut is during periods of maintenance, but you should always be made aware of these periods of downtime before they happen.
Find out the differences between buying and trading cryptos.
What are the cryptocurrency trading hours?
Global market opening hours
City Index opening hours (AEST)
|Bitcoin||24/7||08:00 Monday to 08:00 Saturday|
|Ethereum||24/7||08:00 Monday to 08:00 Saturday|
|Litecoin||24/7||08:00 Monday to 08:00 Saturday|
|Ripple||24/7||08:00 Monday to 08:00 Saturday|
At City Index, you can trade cryptocurrencies 24 hours a day from 8:00 on Monday to 8:00 on Saturday. Learn more about cryptocurrency trading with us or open an account to get started.
When is the best time to trade cryptocurrency?
The best time of day to trade cryptocurrency is usually in the market’s peak trading hours, which are between 8am to 4pm in local time, when there is the highest volume of trading.
While the cryptocurrency market is 24/7, your trades are more likely to be executed when there is the highest level of activity. Outside of these hours, when trading is lighter, it can be more difficult to open and close trades.
It’s also important to be aware of news and events that could impact the crypto market, whether that’s a halving event, regulation changes or celebrity endorsements. Around these influential announcements, the price of cryptocurrencies can fluctuate, which can provide trading opportunities.