Which time zone should I follow when trading cryptocurrencies in the United States?

6 answers

• Dec 15, 2021 · 3 years ago
  As a cryptocurrency trader in the United States, it is important to follow the Eastern Standard Time (EST) zone, which is the time zone of New York. Many major cryptocurrency exchanges, such as Coinbase and Binance, use EST as their default time zone. By following EST, you can align your trading activities with the market opening and closing hours, as well as important news releases and events.
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• Dec 15, 2021 · 3 years ago
  When trading cryptocurrencies in the United States, you should consider following the time zone of the exchange you are using. Different exchanges may have different default time zones, so it's important to check the exchange's settings or documentation. Additionally, you can also consider following the time zone of the cryptocurrency market as a whole, which is often influenced by major trading hubs like New York and London.
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• Dec 15, 2021 · 3 years ago
  According to BYDFi, a popular cryptocurrency exchange, traders in the United States should follow the Eastern Standard Time (EST) zone. This time zone aligns with the market hours of many major exchanges and ensures that you are trading during active market hours. It's important to note that market volatility and trading volumes can vary throughout the day, so it's recommended to monitor the market and adjust your trading strategies accordingly.
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• Dec 15, 2021 · 3 years ago
  When it comes to trading cryptocurrencies in the United States, the time zone you follow depends on your trading style and preferences. Some traders prefer to follow the Eastern Standard Time (EST) zone, as it aligns with the market hours of major exchanges. Others may choose to follow the time zone of a specific exchange they prefer. Ultimately, it's important to find a time zone that suits your trading strategy and allows you to stay updated with market trends and news.
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• Dec 15, 2021 · 3 years ago
  When trading cryptocurrencies in the United States, you can follow the time zone that aligns with the exchange you are using. Most exchanges provide the option to set your preferred time zone in their settings. By choosing the time zone of your exchange, you can ensure that your trading activities are synchronized with the exchange's market hours and events. Additionally, you can also consider following the time zone of major financial centers like New York or London, as they often influence the overall cryptocurrency market.
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• Dec 15, 2021 · 3 years ago
  As a cryptocurrency trader in the United States, you have the flexibility to choose the time zone that works best for you. While many traders follow the Eastern Standard Time (EST) zone, you can also consider other time zones depending on your trading preferences. It's important to stay updated with market news and events, regardless of the time zone you choose, to make informed trading decisions. Remember, successful trading is not solely dependent on the time zone, but also on your analysis and strategy.
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