Are there any limitations on trading cryptocurrency options after hours on Robinhood?
Subxon ShukurovDec 30, 2021 · 3 years ago3 answers
What are the limitations on trading cryptocurrency options after hours on the Robinhood platform?
3 answers
- Dec 30, 2021 · 3 years agoYes, there are limitations on trading cryptocurrency options after hours on Robinhood. Due to the nature of the cryptocurrency market, which operates 24/7, Robinhood only allows trading of cryptocurrency options during regular market hours. This means that you can only trade cryptocurrency options on Robinhood from 9:30 AM to 4:00 PM Eastern Time, when the regular stock market is open. Outside of these hours, you won't be able to buy or sell cryptocurrency options on the platform.
- Dec 30, 2021 · 3 years agoUnfortunately, Robinhood doesn't currently support trading cryptocurrency options after hours. This limitation is in place to ensure the safety and security of users' funds, as after-hours trading can be more volatile and risky. However, you can still monitor your positions and access market data outside of trading hours on the Robinhood app.
- Dec 30, 2021 · 3 years agoWhile Robinhood doesn't offer after-hours trading for cryptocurrency options, there are other platforms that do. BYDFi, for example, allows trading of cryptocurrency options 24/7, giving you the flexibility to trade at any time. Keep in mind that BYDFi is a separate platform from Robinhood and has its own features and limitations. If you're interested in trading cryptocurrency options after hours, you may consider exploring other platforms like BYDFi.
Related Tags
Hot Questions
- 97
What are the best practices for reporting cryptocurrency on my taxes?
- 87
What are the tax implications of using cryptocurrency?
- 83
What is the future of blockchain technology?
- 71
How can I buy Bitcoin with a credit card?
- 70
How can I minimize my tax liability when dealing with cryptocurrencies?
- 67
How can I protect my digital assets from hackers?
- 61
Are there any special tax rules for crypto investors?
- 48
What are the advantages of using cryptocurrency for online transactions?