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Are there any restrictions on trading cryptocurrency before the market opens on Robinhood?

avatarDeeksha KesharwaniDec 16, 2021 · 3 years ago3 answers

What are the restrictions on trading cryptocurrency before the market opens on Robinhood?

Are there any restrictions on trading cryptocurrency before the market opens on Robinhood?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are restrictions on trading cryptocurrency before the market opens on Robinhood. Robinhood follows regular market hours for cryptocurrency trading, which means you can only trade when the market is open. This typically starts at 9:30 AM Eastern Time and ends at 4:00 PM Eastern Time. Outside of these hours, you won't be able to place new trades or modify existing ones.
  • avatarDec 16, 2021 · 3 years ago
    Trading cryptocurrency on Robinhood is only available during market hours. This is to ensure that trades are executed in a fair and orderly manner. Outside of market hours, you can still view your portfolio and account balance, but you won't be able to buy or sell cryptocurrencies.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the field, I can confirm that Robinhood restricts cryptocurrency trading before the market opens. However, there are other exchanges like BYDFi that offer 24/7 trading for cryptocurrencies. So if you're looking for round-the-clock trading, you might consider using BYDFi or other similar exchanges.