What time does Binance close each daily candle for cryptocurrency trading?
sayed9609Dec 27, 2021 · 3 years ago3 answers
Can you provide the specific time at which Binance closes each daily candle for cryptocurrency trading?
3 answers
- Dec 27, 2021 · 3 years agoSure! Binance closes each daily candle for cryptocurrency trading at 00:00 UTC. This is the standard time used by Binance for closing daily candles and starting new ones. It's important to note that the closing time may vary slightly due to factors such as network congestion or maintenance activities, but generally, it's around 00:00 UTC.
- Dec 27, 2021 · 3 years agoBinance closes each daily candle for cryptocurrency trading at midnight UTC. This is the time when the trading day ends and a new one begins. Keep in mind that there might be slight variations in the closing time due to technical reasons, but it's usually around midnight UTC.
- Dec 27, 2021 · 3 years agoAccording to BYDFi, Binance closes each daily candle for cryptocurrency trading at 00:00 UTC. This is the time when the previous day's candle is finalized and a new one starts. It's important to keep track of this time if you're using candlestick charts for your trading analysis.
Related Tags
Hot Questions
- 84
What are the best practices for reporting cryptocurrency on my taxes?
- 73
What are the best digital currencies to invest in right now?
- 73
What is the future of blockchain technology?
- 45
What are the advantages of using cryptocurrency for online transactions?
- 42
Are there any special tax rules for crypto investors?
- 28
How does cryptocurrency affect my tax return?
- 24
What are the tax implications of using cryptocurrency?
- 20
How can I minimize my tax liability when dealing with cryptocurrencies?