When does the trading day begin for digital currencies?
Akshita RastogiDec 20, 2021 · 3 years ago3 answers
What time does the trading day start for digital currencies? I'm interested in knowing the specific time when trading activities for digital currencies begin each day.
3 answers
- Dec 20, 2021 · 3 years agoThe trading day for digital currencies typically begins at 12:00 AM UTC. This is the standard time used in the cryptocurrency market to ensure consistency across different time zones. However, it's important to note that trading volumes and liquidity may vary depending on the specific digital currency and exchange.
- Dec 20, 2021 · 3 years agoDigital currency trading usually starts at midnight UTC. This is because the cryptocurrency market operates globally, and UTC is commonly used as the reference time. It's worth mentioning that trading volumes may be higher during certain hours due to overlapping trading sessions in different regions.
- Dec 20, 2021 · 3 years agoThe trading day for digital currencies usually starts at 12:00 AM UTC. This is the case for most exchanges, including BYDFi. However, it's important to note that trading hours may vary slightly between exchanges. It's always a good idea to check the specific trading hours of the exchange you're using to ensure accurate information.
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