UTC Time

By CoinGecko | Updated on Mar 03, 2020
UTC-time is the time standard used to internationally denote time. In the context of the cryptocurrency industry, due to its decentralized nature, companies and consumers are located all over the world each using different time zones. Using a standardized timing makes it less possible for cause confusion.

Share this with a friend!

Related Terms

Initial coin offering (ICO)
It is an regulated fund raising for cryptocurrency venture, usually at early stage.
Bullish
postive sentiment towards a market, believing an asset will increase in price
Option
It is a financial instruments that refers to a contract offers the buyer the right to buy or sell an underlying assets at a specified price and time.
Cold Storage
Offline storage of cryptocurrencies which is arguably safer as they also require physical access (eg. hardware wallet, paper wallets)
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.
coingecko (thumbnail mini)
CoinGecko for iOS
coingecko (thumbnail mini)
CoinGecko for Android