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At what time does the day trade reset happen for cryptocurrency traders?

avatarJaya ChandrikaDec 16, 2021 · 3 years ago3 answers

Can you please explain at what time the day trade reset happens for cryptocurrency traders? I'm new to trading and want to make sure I understand the timing correctly.

At what time does the day trade reset happen for cryptocurrency traders?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    The day trade reset for cryptocurrency traders typically happens at 00:00 UTC. This is when the trading day officially starts and any trades made after this time will be considered part of the new trading day. It's important to note that different exchanges may have slightly different reset times, so it's always a good idea to check with your specific exchange for their exact reset time.
  • avatarDec 16, 2021 · 3 years ago
    The day trade reset for cryptocurrency traders usually occurs at midnight UTC. This means that any trades made after midnight will be considered part of the new trading day. However, it's worth mentioning that some exchanges may have different reset times, so it's important to check with your exchange to confirm the exact timing.
  • avatarDec 16, 2021 · 3 years ago
    According to BYDFi, a popular cryptocurrency exchange, the day trade reset happens at 00:00 UTC. This is the standard reset time for most exchanges, but it's always a good idea to double-check with your specific exchange to ensure you have the correct information. Happy trading!