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Are there any limitations or restrictions when it comes to after hours trading of cryptocurrencies on Robinhood?

avatarFaadi KoerierDec 17, 2021 · 3 years ago3 answers

What are the limitations or restrictions for trading cryptocurrencies on Robinhood outside of regular trading hours?

Are there any limitations or restrictions when it comes to after hours trading of cryptocurrencies on Robinhood?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When it comes to after hours trading of cryptocurrencies on Robinhood, there are a few limitations and restrictions to keep in mind. Firstly, Robinhood only allows trading of cryptocurrencies during regular market hours, which are from 9:30 AM to 4:00 PM Eastern Time. This means that you won't be able to buy or sell cryptocurrencies on Robinhood outside of these hours. Additionally, Robinhood may have occasional maintenance windows during which trading is temporarily unavailable. It's important to check Robinhood's website or app for any scheduled maintenance or updates that may affect trading availability. Overall, while Robinhood offers convenient and commission-free trading, it does have limitations when it comes to after hours trading of cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    After hours trading of cryptocurrencies on Robinhood is not currently supported. Robinhood only allows trading of cryptocurrencies during regular market hours, which are from 9:30 AM to 4:00 PM Eastern Time. This means that if you want to buy or sell cryptocurrencies on Robinhood, you'll need to do so during these hours. However, it's worth noting that some other cryptocurrency exchanges do offer after hours trading, so if after hours trading is important to you, you may want to consider using a different exchange that supports it.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to after hours trading of cryptocurrencies on Robinhood, there are limitations due to regulatory requirements and market conditions. Robinhood is a regulated platform and operates within the guidelines set by the Securities and Exchange Commission (SEC). As a result, it only allows trading of cryptocurrencies during regular market hours. This ensures that trading is conducted in a fair and transparent manner. However, it's important to note that there are other cryptocurrency exchanges, such as BYDFi, that offer after hours trading. If after hours trading is a priority for you, you may want to consider using BYDFi or other similar exchanges that provide this feature.