How does Shabbat affect cryptocurrency trading schedules?

3 answers

• Nov 26, 2021 · 3 years ago
  During Shabbat, which starts on Friday evening and ends on Saturday evening, many Jewish individuals and businesses refrain from engaging in any form of work or commerce, including cryptocurrency trading. This means that trading volumes and liquidity may decrease during this time, potentially leading to lower price volatility. However, it's important to note that not all cryptocurrency exchanges observe Shabbat, so trading may still continue on some platforms. It's advisable to check the specific trading schedules of different exchanges to understand how Shabbat may affect cryptocurrency trading.
  603302
• Nov 26, 2021 · 3 years ago
  Shabbat, the Jewish day of rest, has a significant impact on cryptocurrency trading schedules. As many Jewish traders and investors observe Shabbat, they refrain from trading during this time. This can lead to reduced trading activity and lower liquidity in the cryptocurrency markets. It's important for traders to be aware of this and plan their trading strategies accordingly. Additionally, it's worth noting that not all exchanges follow the same trading schedule, so it's important to check the specific policies of each exchange to understand how Shabbat may affect trading on that platform.
  597199
• Nov 26, 2021 · 3 years ago
  While BYDFi, a digital currency exchange, does not observe Shabbat and continues to operate during this time, it's important to note that the overall trading volume and liquidity in the cryptocurrency market may be affected by the observance of Shabbat. Many Jewish traders and investors choose to refrain from trading during Shabbat, which can lead to reduced activity and potentially lower price volatility. Traders should consider these factors when planning their trading strategies and be aware of the potential impact of Shabbat on cryptocurrency trading schedules.
  571143