Cryptocurrency Market Tading Hours - City Index AU (2024)

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?

Cryptocurrency

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 cryptocurrencytrading with us or open an account to get started.

See our cryptocurrency FAQs.

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 endorsem*nts. Around these influential announcements, the price of cryptocurrencies can fluctuate, which can provide trading opportunities.

Cryptocurrency Market Tading Hours - City Index AU (2024)

FAQs

Cryptocurrency Market Tading Hours - City Index AU? ›

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. See our cryptocurrency FAQs.

Can you trade crypto on City Index? ›

Yes, you can trade a range of cryptocurrencies with City Index, such as Ethereum, Ripple and Litecoin, available at a margin rate of 50%. Find out more about the cryptocurrencies we offer.

What time does the crypto market open in Australia? ›

The crypto spot market is open 24/7.

What hours does crypto trade? ›

Are crypto markets always open? Yes, cryptocurrency markets are always open: they run 24 hours a day, 365 days a year. This is because, unlike stocks and commodities, the crypto market isn't a regulated exchange but is spread across a decentralised network of computers.

What are coin market hours? ›

The crypto spot market is open 24/7

While stock and bond markets typically trade from 8 AM to 5 PM, depending on the location and time zone, the cryptocurrency spot markets are always open. Even on weekends!

Is City Index a good trading platform? ›

City Index is considered Highly Trusted, with an overall Trust Score of 99 out of 99. City Index is publicly traded, does not operate a bank, and is authorised by seven Tier-1 regulators (Highly Trusted), one Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk).

Which city has most crypto traders? ›

"New York's dominance with a score of 85.85/100 was not born out of luck, but rather it's standing as a premier financial centre that has spread its influence to the world of cryptocurrencies. Wall Street, long known for its strength in traditional finance, is now also a hub for crypto trading and development.

What time does trading start in Australia? ›

The market is open 10am to 4pm (Sydney time) on ASX business days. This is called “normal trading”, when most trades take place. You can view the full list of ASX market phases here on the ASX website.

What is the best time of day to buy cryptocurrency in Australia? ›

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.

Is cryptocurrency traded on 24/7? ›

Cryptocurrencies, the digital assets that have disrupted the financial world in recent years, have always been traded around the clock. This non-stop trading has allowed for a global, decentralized market that never sleeps.

Can I trade crypto on weekends? ›

Can I trade crypto on weekends? Yes, you can trade crypto on weekends. The markets never close, so you can trade crypto on weekends, holidays, or any other day, too.

What time zone does cryptocurrency use? ›

Since cryptocurrencies operate 24/7, unlike most financial exchanges, it means that the world of crypto basically runs on UTC. Due to the reason that crypto users are located all over the world and trade in multiple time zones, using a standardized time makes things a lot easier.

What is the time frame for crypto trading? ›

For intraday trading 1/3/5/10/15 mins time frame is good enough to trade for any instrument. Most people believe that the day trading is a gambling & loosing business … But any one who do day trading professional way know more than other traders in terms of technical analysis , discipline , risk reward ratio.

What are the trading hours for CoinMarketCap? ›

The market opens at 12:00 AM (00:00) and closes at 11:59 PM (23:59) UTC time.

What time zone does CoinMarketCap use? ›

In the context of cryptocurrencies, the crypto world runs on UTC. In contrast to most financial exchanges, cryptocurrencies operate on a 24/7 basis. Using a standardized time simplifies things greatly as cryptocurrency users are located across the globe and are trading in different time zones.

Is crypto.com customer service 24 hours? ›

We provide 24/7 live customer support.

It's our priority to help you make the most of your Crypto.com experience.

Is there a market index for cryptocurrency? ›

The Crypto 10 Index is a market capitalization weighted index of the top 10 cryptocurrencies. Because it is composed of the top ten cryptocurrencies it is widely accepted as a benchmark for the strength or weakness of the broader cryptocurrency market.

Can I trade crypto on IC Markets? ›

While IC Markets does not offer direct trading of cryptocurrencies as underlying assets, the broker does provide access to cryptocurrency CFDs (Contracts for Difference). This allows traders to speculate on the price movements of cryptocurrencies without owning the actual digital assets.

Can I trade crypto on public? ›

To trade cryptocurrency via the Public mobile app or website, you must first open an account with Bakkt Crypto. All cryptocurrency account, trading, and custody services are provided to you by Bakkt Crypto. Cryptocurrency services on Public are provided by Bakkt Crypto Solutions, LLC (“Bakkt Crypto”).

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