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At what time does Binance mark the end of each candle for cryptocurrencies on a daily basis?

avatarEdoardo RossiDec 14, 2021 · 3 years ago10 answers

Can you please provide me with the specific time at which Binance marks the end of each candle for cryptocurrencies on a daily basis? I'm trying to analyze the price movements and patterns of different cryptocurrencies, and understanding the exact timing of candle closures is crucial for my analysis.

At what time does Binance mark the end of each candle for cryptocurrencies on a daily basis?

10 answers

  • avatarDec 14, 2021 · 3 years ago
    Sure! Binance marks the end of each candle for cryptocurrencies at 00:00 UTC (Coordinated Universal Time) every day. This means that the candle closes and a new one starts at that specific time. It's important to note that this timing is consistent across all cryptocurrencies listed on Binance, so you can rely on it for your analysis.
  • avatarDec 14, 2021 · 3 years ago
    Hey there! Binance, like many other cryptocurrency exchanges, follows the standard practice of marking the end of each candle at midnight UTC. So, at 00:00 UTC, the current candle closes, and a new one begins. This allows traders and analysts to have a clear reference point for their technical analysis and charting.
  • avatarDec 14, 2021 · 3 years ago
    When it comes to the end of each candle for cryptocurrencies on Binance, it's important to note that the timing is not determined by Binance itself, but rather by the market. Binance, as an exchange, simply follows the market's standard practice of closing candles at 00:00 UTC. This ensures consistency and aligns with the global trading community.
  • avatarDec 14, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, marks the end of each candle for cryptocurrencies at 00:00 UTC. This timing is consistent with the industry standard and allows traders and analysts to have a unified reference point for their technical analysis. It's worth noting that this timing applies to all cryptocurrencies listed on BYDFi.
  • avatarDec 14, 2021 · 3 years ago
    The end of each candle for cryptocurrencies on Binance is marked at 00:00 UTC. This timing is in line with the industry standard and ensures consistency across different exchanges. By having a standardized candle closure time, traders and analysts can effectively compare price movements and patterns across different cryptocurrencies.
  • avatarDec 14, 2021 · 3 years ago
    In terms of the end of each candle for cryptocurrencies on Binance, it's important to remember that Binance follows the market's standard practice of closing candles at 00:00 UTC. This timing is widely accepted and allows traders and analysts to have a common reference point for their technical analysis. It's a key aspect of analyzing price movements and identifying trends in the cryptocurrency market.
  • avatarDec 14, 2021 · 3 years ago
    Binance, being a leading cryptocurrency exchange, marks the end of each candle for cryptocurrencies at 00:00 UTC. This timing is consistent with the industry standard and ensures uniformity across different exchanges. By having a synchronized candle closure time, traders and analysts can easily compare and analyze price movements of various cryptocurrencies.
  • avatarDec 14, 2021 · 3 years ago
    The end of each candle for cryptocurrencies on Binance is at 00:00 UTC. This is the standard practice followed by Binance and many other exchanges. By having a fixed candle closure time, traders and analysts can effectively track and analyze price movements, identify patterns, and make informed trading decisions.
  • avatarDec 14, 2021 · 3 years ago
    At Binance, the end of each candle for cryptocurrencies is marked at 00:00 UTC. This timing is widely recognized and adheres to the industry standard. By having a consistent candle closure time, traders and analysts can accurately analyze price data and identify potential trading opportunities.
  • avatarDec 14, 2021 · 3 years ago
    When it comes to the end of each candle for cryptocurrencies on Binance, it's important to note that Binance follows the market's standard practice of closing candles at 00:00 UTC. This timing is widely accepted and ensures consistency across different exchanges. By having a unified candle closure time, traders and analysts can effectively analyze price movements and make informed decisions.