HKVAC is thrilled to announce the launch of its latest offering: the Crypto Reference Closing Price for the Hong Kong Time (HKT) and Coordinated Universal Time (UTC). This new service aims to provide accurate and reliable closing prices for cryptocurrencies, catering to the needs of global investors and traders. This enables users to make informed investment decisions confidently.
The HKVAC Crypto Reference Closing Price will feature a carefully curated release of the closing prices for Bitcoin, Ethereum, Tether USDt, and USD Coin at 16:00 Hong Kong Time (HKT) and 00:00 Coordinated Universal Time (UTC). The HKVAC closing price is designed to provide cryptocurrency traders and investors with a benchmark reference price for evaluating the value of their portfolios. It aggregates transaction data from major exchanges, utilizing the Logarithmized Volume-Weighted Average (log-VWAP) calculation.
The reason to provide two time zones, HKT (Hong Kong Time) and UTC (Coordinated Universal Time) is to accommodate different global markets and facilitate international trading and analysis. HKT is the time zone used in Hong Kong, which is a major financial hub and a significant player in the cryptocurrency market. UTC is a widely accepted standard time reference used in various industries, including finance. It serves as a common time standard that is not tied to any particular time zone.
Starting from the 5th of March 2024, the Crypto Reference Closing Price will be available on HKVAC's website (www.hkvac.io). We believe this tool will assist investors in making informed decisions and staying up-to-date with the cryptocurrency market.
For more information, please contact us: enquiry@hkvac.io
Or visit our website www.hkvac.io
Twitter: @hongkongvac
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For contact:
enquiry@hkvac.io