How can I buy cryptocurrencies during non-trading hours?

6 answers

• Dec 27, 2021 · 3 years ago
  During non-trading hours, you can still buy cryptocurrencies through over-the-counter (OTC) trading desks. OTC desks are platforms where you can directly buy cryptocurrencies from sellers, even when the regular markets are closed. OTC trading usually involves larger transactions and may have different fees compared to regular exchanges. You can find reputable OTC desks by doing some research online or asking for recommendations from experienced traders.
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• Dec 27, 2021 · 3 years ago
  If you prefer a more peer-to-peer approach, you can explore decentralized exchanges (DEXs). DEXs allow you to trade cryptocurrencies directly with other users without the need for a centralized authority. Some popular DEXs include Uniswap and SushiSwap. Keep in mind that liquidity and available trading pairs may vary on DEXs, so it's important to do your research and understand the risks involved.
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• Dec 27, 2021 · 3 years ago
  Another option is to use the services of BYDFi, a digital currency exchange that operates 24/7. BYDFi offers a wide range of cryptocurrencies for trading, even during non-trading hours. They have a user-friendly interface and competitive fees. You can sign up for an account on their website and start buying cryptocurrencies at any time. Just make sure to do your own research and understand the risks associated with trading cryptocurrencies.
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• Dec 27, 2021 · 3 years ago
  When the markets are closed, you can also consider setting limit orders on regular exchanges. A limit order allows you to specify the price at which you want to buy a particular cryptocurrency. If the market reaches your desired price, the exchange will automatically execute the order, even if it's outside of trading hours. This can be a convenient way to buy cryptocurrencies when you're unable to actively monitor the markets.
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• Dec 27, 2021 · 3 years ago
  During non-trading hours, it's important to be cautious and take extra steps to secure your transactions. Make sure to use reputable platforms, enable two-factor authentication, and store your cryptocurrencies in a secure wallet. Additionally, consider consulting with a financial advisor or doing thorough research before making any investment decisions.
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• Dec 27, 2021 · 3 years ago
  Buying cryptocurrencies during non-trading hours can be a bit more challenging, but with the right approach, it's still possible to execute trades. Whether you choose OTC desks, DEXs, BYDFi, or limit orders, make sure to understand the risks involved and do your due diligence. Happy trading!
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