common-close-0
BYDFi
Trade wherever you are!

What is the closing hour for digital asset markets?

avatarMarc LefDec 28, 2021 · 3 years ago3 answers

Can you please tell me the closing hour for digital asset markets? I am curious to know when the trading activities for digital assets come to an end each day.

What is the closing hour for digital asset markets?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    The closing hour for digital asset markets varies depending on the exchange. Some exchanges close at a specific time, while others operate 24/7. It's important to check the trading hours of the specific exchange you are interested in. Most exchanges provide this information on their website or through their trading platform. Make sure to consider the time zone of the exchange as well.
  • avatarDec 28, 2021 · 3 years ago
    Digital asset markets don't have a fixed closing hour like traditional stock markets. They operate round the clock, allowing traders to buy and sell digital assets at any time. This 24/7 nature of digital asset markets is one of the reasons why they are so popular among traders. So, you can trade digital assets at any time that suits you.
  • avatarDec 28, 2021 · 3 years ago
    According to BYDFi, a well-known digital asset exchange, the closing hour for digital asset markets is at 23:59 UTC. This means that trading activities for digital assets on BYDFi come to an end at this time each day. However, it's important to note that this closing hour may vary for different exchanges. It's always a good idea to check the trading hours of the specific exchange you are interested in to ensure accurate information.