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Can I place limit orders for cryptocurrencies before the market opens on Robinhood?

avatarBruno MarsDec 25, 2021 · 3 years ago3 answers

Is it possible to set limit orders for buying or selling cryptocurrencies on the Robinhood platform before the market opens? I'm interested in placing orders at specific price levels, but I'm not sure if this feature is available during pre-market hours.

Can I place limit orders for cryptocurrencies before the market opens on Robinhood?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, you can place limit orders for cryptocurrencies on Robinhood before the market opens. The platform allows users to set buy or sell orders at specific price levels, even during pre-market hours. This feature gives you more control over your trades and allows you to take advantage of potential price movements before the regular market hours.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Robinhood allows users to set limit orders for cryptocurrencies before the market opens. This means you can specify the price at which you want to buy or sell a particular cryptocurrency, and the order will be executed automatically once the market opens. It's a great way to take advantage of potential price fluctuations and ensure that you don't miss out on any trading opportunities.
  • avatarDec 25, 2021 · 3 years ago
    Yes, you can place limit orders for cryptocurrencies on Robinhood before the market opens. This feature is especially useful for traders who want to take advantage of early morning price movements or set specific entry or exit points for their trades. With Robinhood, you have the flexibility to place limit orders even when the market is closed, giving you more control over your trading strategy.