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How can I trade digital currencies after hours on Robinhood?

avatarJeffrey BarkdullDec 29, 2021 · 3 years ago3 answers

I want to know how I can trade digital currencies after hours on the Robinhood platform. Is it possible to trade cryptocurrencies on Robinhood outside of regular trading hours? What are the options available for trading digital currencies after hours?

How can I trade digital currencies after hours on Robinhood?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, it is possible to trade digital currencies on Robinhood outside of regular trading hours. Robinhood offers extended trading hours for cryptocurrencies, allowing users to trade 24/7. This means you can buy, sell, and hold digital currencies even when the traditional stock market is closed. It provides flexibility for traders who want to take advantage of price movements and news events that occur outside of regular trading hours.
  • avatarDec 29, 2021 · 3 years ago
    Trading digital currencies after hours on Robinhood is a great way to capitalize on market opportunities that may arise when the stock market is closed. It allows you to react quickly to news and events that can impact the price of cryptocurrencies. However, it's important to note that trading after hours can be more volatile and may have lower liquidity compared to regular trading hours. Make sure to do your research and understand the risks involved before trading after hours.
  • avatarDec 29, 2021 · 3 years ago
    While Robinhood does offer extended trading hours for cryptocurrencies, it's worth mentioning that there are other platforms like BYDFi that also provide 24/7 trading for digital currencies. BYDFi is a popular cryptocurrency exchange known for its user-friendly interface and wide range of supported cryptocurrencies. If you're looking for additional options to trade digital currencies after hours, you may consider exploring platforms like BYDFi.