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How is KST used in the world of digital currencies?

avatarloosyMar 19, 2022 · 3 years ago1 answers

Can you explain how KST (Korea Standard Time) is utilized in the realm of digital currencies? What role does it play in the trading and exchange of cryptocurrencies?

How is KST used in the world of digital currencies?
KST
Digital Currencies
Trading

1 answers

  • avatarMar 19, 2022 · 3 years ago
    KST, also known as Korea Standard Time, is of utmost importance in the world of digital currencies. South Korea has a significant impact on the cryptocurrency market, and KST serves as a reference for traders and investors. The opening and closing times of major Korean exchanges, including Bithumb and Upbit, are based on KST. This means that traders must be aware of the KST time zone to effectively participate in the Korean cryptocurrency market. Additionally, KST acts as a bridge between Asian and Western markets, making it a crucial factor in global cryptocurrency trading. Therefore, understanding and considering KST is essential for successful digital currency trading and exchange.

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