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What is the average duration of a Robin Hood cryptocurrency trade?

avatarSmith SinclairDec 24, 2021 · 3 years ago3 answers

Can you tell me how long a typical cryptocurrency trade on Robin Hood lasts? I'm curious about the average duration of trades on this platform.

What is the average duration of a Robin Hood cryptocurrency trade?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    On average, a cryptocurrency trade on Robin Hood lasts around 10 minutes. However, the duration can vary depending on market conditions and the specific cryptocurrency being traded. It's important to note that this is just an average and individual trades can be shorter or longer.
  • avatarDec 24, 2021 · 3 years ago
    The average duration of a cryptocurrency trade on Robin Hood is approximately 10 minutes. This is based on historical data and may not reflect the current market conditions. Keep in mind that the duration can be influenced by factors such as liquidity, volatility, and order size.
  • avatarDec 24, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the average duration of a trade on Robin Hood is around 10 minutes. This is relatively fast compared to some other exchanges. However, it's important to consider that the duration can vary depending on various factors, including market conditions and the specific cryptocurrency being traded.