Are there any advantages to trading cryptocurrency options in extended hours?

1 answers

• Dec 26, 2021 · 3 years ago
  As a representative of BYDFi, I can say that there are indeed advantages to trading cryptocurrency options in extended hours. One advantage is the ability to react to news and events that occur outside of regular market hours. This can allow traders to take advantage of market volatility and potentially profit from price movements that occur during these hours. Additionally, extended hours trading can provide increased liquidity, as there may be fewer traders participating during these hours, resulting in potentially better prices. Furthermore, trading during extended hours can also be beneficial for traders who are unable to actively trade during normal market hours due to work or other commitments. Overall, trading cryptocurrency options in extended hours can offer unique opportunities for traders to maximize their profits.
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