Do after hours trades count as day trades in the cryptocurrency market?

5 answers

• Mar 19, 2022 · 3 years ago
  Yes, after hours trades in the cryptocurrency market are generally considered day trades. Day trading refers to the practice of buying and selling financial instruments within the same trading day. While the regular trading hours for cryptocurrencies may vary across different exchanges, any trades made during the extended trading hours or after the market closes are still considered day trades.
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• Mar 19, 2022 · 3 years ago
  Absolutely! After hours trades are indeed counted as day trades in the cryptocurrency market. Whether you're trading Bitcoin, Ethereum, or any other digital currency, if you buy and sell within the same trading day, it's considered day trading. So, even if you make a trade after the regular trading hours, it still falls under the day trading category.
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• Mar 19, 2022 · 3 years ago
  Yes, after hours trades are considered day trades in the cryptocurrency market. However, it's important to note that different exchanges may have different rules and definitions for day trading. For example, BYDFi, a popular cryptocurrency exchange, considers any trades made after the regular trading hours as day trades. So, if you're trading on BYDFi, be mindful of this rule to avoid any confusion or penalties.
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• Mar 19, 2022 · 3 years ago
  Definitely! After hours trades count as day trades in the cryptocurrency market. Whether you're trading on Binance, Coinbase, or any other exchange, if you buy and sell within the same trading day, it's considered day trading. So, if you're planning to make some after hours trades, make sure to keep track of your day trades and stay within the limits set by the exchange.
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• Mar 19, 2022 · 3 years ago
  Yes, after hours trades are indeed counted as day trades in the cryptocurrency market. It's important to understand that day trading rules and definitions may vary across different exchanges. While some exchanges consider after hours trades as day trades, others may have different rules. Therefore, it's always a good idea to familiarize yourself with the specific rules of the exchange you're trading on to ensure compliance and avoid any potential issues.
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