What time, or time zone, do domains expire?

[dak125]

I want to register a domain that expires today (the 12th) but as of right now it's still showing "Taken" on namecheap. Anyone know what time or time zone domains free up?

Thanks in advance.

 

[AgaBoogaBoo]

There is a redemption period of 30-50 days in which they can still renew it.

 

[dak125]

Originally posted by: AgaBoogaBoo
There is a redemption period of 30-50 days in which they can still renew it.

You gotta be kidding me?

That's ridiculous. Any comments on this backorder option?