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Is there a specific closing time for the cryptocurrency market on Fridays?

avatarManjil RohineDec 26, 2021 · 3 years ago3 answers

I am curious to know if there is a specific closing time for the cryptocurrency market on Fridays. Can someone please provide me with the details?

Is there a specific closing time for the cryptocurrency market on Fridays?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there is a specific closing time for the cryptocurrency market on Fridays. The market usually closes at 23:59 UTC. However, it's important to note that different exchanges may have slight variations in their closing times. It's always a good idea to check with your specific exchange for the exact closing time on Fridays.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! The cryptocurrency market does have a specific closing time on Fridays. Most exchanges close their trading at 23:59 UTC. This allows traders and investors to have a clear cut-off time for their trading activities and plan accordingly for the weekend. Just make sure to double-check with your preferred exchange to confirm the exact closing time.
  • avatarDec 26, 2021 · 3 years ago
    Sure thing! The cryptocurrency market does have a specific closing time on Fridays. As an example, BYDFi, one of the popular exchanges, closes its trading at 23:59 UTC. However, it's worth mentioning that closing times may vary slightly between different exchanges. It's always a good practice to check with your exchange of choice for the precise closing time on Fridays.