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Can I take advantage of premarket trading to buy Bitcoin on Robinhood?

avatarMaria LindDec 17, 2021 · 3 years ago3 answers

Is it possible to use premarket trading to purchase Bitcoin on the Robinhood platform? How does premarket trading work on Robinhood and can it be used for Bitcoin transactions?

Can I take advantage of premarket trading to buy Bitcoin on Robinhood?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, you can take advantage of premarket trading on Robinhood to buy Bitcoin. Premarket trading allows investors to trade stocks and ETFs before the regular market opens. However, it's important to note that Robinhood does not currently support premarket trading for cryptocurrencies, including Bitcoin. So, while you can trade stocks and ETFs before the market opens, you'll have to wait until regular market hours to buy or sell Bitcoin on Robinhood.
  • avatarDec 17, 2021 · 3 years ago
    No, premarket trading on Robinhood is not available for Bitcoin transactions. While premarket trading allows investors to trade stocks and ETFs before the regular market opens, it does not extend to cryptocurrencies like Bitcoin on the Robinhood platform. If you're looking to buy or sell Bitcoin, you'll have to wait until regular market hours on Robinhood.
  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, Robinhood does not currently support premarket trading for Bitcoin. While premarket trading is available for stocks and ETFs, cryptocurrencies like Bitcoin are not included. If you're interested in trading Bitcoin, you'll need to wait until regular market hours on Robinhood or consider using other platforms that offer premarket trading for cryptocurrencies.