How does Chime determine the end of the day in relation to cryptocurrency trading?
jdajdkladjaldjaldjalDec 26, 2021 · 3 years ago3 answers
Can you explain how Chime determines the end of the day when it comes to cryptocurrency trading? I'm curious to know how they define the end of the day and if it differs from other exchanges.
3 answers
- Dec 26, 2021 · 3 years agoChime determines the end of the day in relation to cryptocurrency trading based on the UTC time zone. They consider the end of the day to be at 23:59:59 UTC. This ensures consistency and allows traders from different time zones to have a clear understanding of when the trading day ends.
- Dec 26, 2021 · 3 years agoWhen it comes to determining the end of the day in cryptocurrency trading, Chime follows the standard practice of using the UTC time zone. This is a widely accepted approach in the industry and helps maintain uniformity across different exchanges. By using UTC, Chime ensures that traders can easily compare and analyze trading data without any confusion.
- Dec 26, 2021 · 3 years agoChime, like many other exchanges, determines the end of the day in relation to cryptocurrency trading based on the UTC time zone. This is a common practice in the industry and helps facilitate global trading. By using UTC, Chime ensures that traders can easily track their trades and analyze market trends without worrying about time zone differences. It's important to note that different exchanges may have slightly different definitions of the end of the day, but overall, UTC is the standard reference point.
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