The fact that investors in the world and in Turkey have tracking systems on the trading hours of cryptocurrencies enables them to receive daily data. The opening and closing hours will allow you to measure the hours at which investments in the market increase and the resistance level. It is important to reference a certain time, to follow it regularly and to direct your investments according to the local time of the countries.
The cryptocurrency exchange never sleeps, but waits for its investors according to the daily opening and closing times. According to world time, the time zone to be referenced by each country is different. By following the opening and closing hours over Turkey, we can determine how we should direct our investment instruments.
The daily closing value is important for the cryptocurrency. Because traders and traders pay attention to the change in value that occurs at this closing hour. Although this depends on when the closing time is, the closing time, which is accepted as GMT + 0 24.00 in the international environment, has a psychological significance.
Binance and other cryptocurrency exchanges do not have closing hours like BIST or International exchanges. What Time Binance Closes question becomes important when it is a matter of following the trends of the coins. Because daily and weekly trends are based on these closing hours. Since Binance is an international stock exchange, the closing time also differs from the time zone in our country.
Turkey is a country located in the GMT+3 time zone. Therefore, when it is 24.00 in our country, USD/TRY or Gold prices are reset, while this is different in Binance. Because buying and selling transactions on Binance are made 24/7 and over all countries. For this reason, Binance closes at 00.00 at GMT +0 and the trends are reset.
The answer to the question of what time Binance closes for Turkey is 03:00 at night. is the hour. If 5% value is engraved on a daily basis, that rate represents the difference in value since 03:00.