When does Binance finish the daily candle for trading digital currencies?
Khawlah TalalDec 30, 2021 · 3 years ago3 answers
Can you please provide me with the specific time when Binance finishes the daily candle for trading digital currencies?
3 answers
- Dec 30, 2021 · 3 years agoThe daily candle for trading digital currencies on Binance usually finishes at 00:00 UTC. This is when the trading day ends and a new candle begins. It's important to note that this time may vary slightly due to factors such as server synchronization and market conditions. However, Binance strives to maintain consistency in its daily candle closing time to ensure accurate data analysis and trading strategies.
- Dec 30, 2021 · 3 years agoBinance typically closes the daily candle for trading digital currencies at midnight UTC. This is the standard time used in the cryptocurrency industry for daily candle closing. By closing the candle at this time, Binance allows traders and analysts to have a clear reference point for their technical analysis and decision-making process. It's advisable to double-check the specific time on Binance's official website or trading platform for any updates or changes.
- Dec 30, 2021 · 3 years agoWhen it comes to the daily candle closing time for trading digital currencies on Binance, it's important to understand that it follows the Coordinated Universal Time (UTC) format. This means that the daily candle usually finishes at 00:00 UTC, marking the end of the trading day. However, it's worth mentioning that Binance may occasionally experience slight delays due to technical maintenance or other unforeseen circumstances. To stay updated with the most accurate information, it's recommended to check Binance's official announcements or reach out to their customer support team.
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