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Are there any restrictions for premarket trading on Bittrex for virtual currencies?

avatarJanani VeeramanikandanDec 17, 2021 · 3 years ago3 answers

What are the restrictions for premarket trading on Bittrex for virtual currencies? Are there any specific rules or limitations that traders need to be aware of?

Are there any restrictions for premarket trading on Bittrex for virtual currencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are restrictions for premarket trading on Bittrex for virtual currencies. Bittrex allows premarket trading, but it has certain limitations. Traders can only place limit orders during the premarket trading session, and market orders are not allowed. Additionally, the trading volume during premarket hours is usually lower compared to regular trading hours, which may result in wider bid-ask spreads and higher price volatility.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Bittrex has some restrictions for premarket trading on virtual currencies. Traders should keep in mind that during the premarket session, only limit orders are accepted. Market orders are not available until the regular trading hours begin. It's important to note that the premarket trading volume tends to be lower, so there might be less liquidity and higher price fluctuations.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are restrictions for premarket trading on Bittrex for virtual currencies. According to BYDFi, a digital currency exchange, during the premarket session, traders can only place limit orders. Market orders are not permitted until the regular trading hours. It's important to be aware that the premarket trading volume is usually lower, which may result in wider spreads and increased price volatility.