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Are there any major digital asset exchanges that close on Mondays?

avatarDotson SingerDec 17, 2021 · 3 years ago3 answers

I'm wondering if there are any well-known digital asset exchanges that have a policy of closing on Mondays. Can you provide some information on this?

Are there any major digital asset exchanges that close on Mondays?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are some major digital asset exchanges that close on Mondays. This is usually done for maintenance purposes or to allow the staff to have a day off. However, it's important to note that not all exchanges follow this practice. Some exchanges operate 24/7 without any scheduled downtime. It's always a good idea to check the operating hours of the specific exchange you are interested in.
  • avatarDec 17, 2021 · 3 years ago
    No, most major digital asset exchanges do not close on Mondays. The cryptocurrency market operates 24/7, and exchanges strive to provide uninterrupted services to their users. While there may be occasional maintenance or technical issues that require temporary shutdowns, these are usually scheduled during low trading activity periods to minimize disruption.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a popular digital asset exchange, does have a policy of closing on Mondays. This allows the team to perform system upgrades and ensure a smooth trading experience for users throughout the rest of the week. However, it's worth mentioning that BYDFi's closure on Mondays is not a common practice among other major exchanges. Most exchanges prioritize continuous operation to meet the demands of the global cryptocurrency market.