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Are there any limitations or restrictions for trading cryptocurrencies on Robinhood during after hours?

avatarTruong DatJan 20, 2022 · 3 years ago3 answers

What are the limitations or restrictions for trading cryptocurrencies on Robinhood during after hours?

Are there any limitations or restrictions for trading cryptocurrencies on Robinhood during after hours?

3 answers

  • avatarJan 20, 2022 · 3 years ago
    During after hours, Robinhood allows users to place limit orders for cryptocurrencies, but market orders are not available. This means that you can set a specific price at which you want to buy or sell a cryptocurrency, but you cannot execute an order at the current market price. This limitation is in place to protect users from potential price volatility during after hours trading. It's important to note that the availability of cryptocurrencies for trading during after hours may vary depending on market conditions and liquidity.
  • avatarJan 20, 2022 · 3 years ago
    When trading cryptocurrencies on Robinhood during after hours, there may be limitations on the types of orders you can place. For example, you may only be able to place limit orders, which allow you to set a specific price at which you want to buy or sell a cryptocurrency. Market orders, which execute at the current market price, may not be available during after hours. It's always a good idea to check Robinhood's trading hours and restrictions for cryptocurrencies before placing any trades.
  • avatarJan 20, 2022 · 3 years ago
    During after hours, Robinhood users may experience limitations or restrictions when trading cryptocurrencies. While Robinhood generally allows trading of cryptocurrencies 24/7, there may be times when certain cryptocurrencies are temporarily unavailable for trading during after hours. This could be due to maintenance or technical issues. It's recommended to check Robinhood's official website or contact their customer support for the most up-to-date information on any limitations or restrictions for trading cryptocurrencies during after hours.