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When does the currency circle open?

Apr 18, 2024 am 11:49 AM
digital currencycurrency circleexchange

The currency circle exchange usually opens at 8:00 am Eastern Time (ET) (2:00 pm China Standard Time) for the following reasons: overlapping with traditional financial markets to facilitate cross-trading; to meet the needs of global traders; for trading Maintenance and updates are provided as often as possible.

When does the currency circle open?

#When will the currency circle open?

Opening time:

The opening time of the currency exchange is usually 8:00 am Eastern Time (ET) (i.e. 2:00 pm China Standard time (CST)). This is the time when trading begins for most digital currencies.

Exceptions:

  • Some exchanges may open at other times, such as noon or afternoon.
  • Exchanges are usually closed on weekends and holidays.
  • In rare cases, the exchange may delay the opening time due to technical maintenance or other reasons.

Reason:

The currency circle opening time is similar to the traditional financial market opening time. This time is usually chosen to:

  • overlap with the stock and foreign exchange markets to facilitate cross trading by traders.
  • Meet the needs of global traders as different time zones cause trading activity to fluctuate at different times of the day.
  • Provide sufficient time for the exchange to perform routine maintenance and updates.

Note:

  • Opening times may vary by region and exchange.
  • Always check the exchange’s official website or announcements for the latest information.
  • Be prepared before the market opens, including researching and setting a trading strategy.

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