Can you sell cryptocurrency options on Robinhood during non-trading hours?
Pavithrakumari MDec 16, 2021 · 3 years ago3 answers
Is it possible to sell cryptocurrency options on the Robinhood platform outside of the regular trading hours?
3 answers
- Dec 16, 2021 · 3 years agoNo, you cannot sell cryptocurrency options on Robinhood during non-trading hours. Robinhood's trading hours for cryptocurrencies typically follow the market hours, which are usually limited to weekdays and specific timeframes. During non-trading hours, you can only monitor your positions or place limit orders for when the market reopens. It's important to keep in mind that cryptocurrency markets are open 24/7, but Robinhood may have specific trading hours for options.
- Dec 16, 2021 · 3 years agoUnfortunately, you cannot sell cryptocurrency options on Robinhood outside of the regular trading hours. Robinhood's platform follows the market hours, which means you can only trade options during the designated trading hours. However, you can still monitor your positions and set up limit orders for when the market opens. If you're looking for a platform that allows trading options 24/7, you may want to explore other exchanges or trading platforms.
- Dec 16, 2021 · 3 years agoWhile Robinhood does not currently support selling cryptocurrency options during non-trading hours, there are other platforms that offer this feature. One such platform is BYDFi, a digital currency exchange that allows users to trade cryptocurrency options 24/7. With BYDFi, you can take advantage of market opportunities even outside of regular trading hours. It's important to note that each platform has its own advantages and disadvantages, so it's worth exploring different options to find the one that best suits your trading needs.
Related Tags
Hot Questions
- 95
What is the future of blockchain technology?
- 76
What are the advantages of using cryptocurrency for online transactions?
- 65
What are the best practices for reporting cryptocurrency on my taxes?
- 46
What are the best digital currencies to invest in right now?
- 41
Are there any special tax rules for crypto investors?
- 37
What are the tax implications of using cryptocurrency?
- 35
How can I minimize my tax liability when dealing with cryptocurrencies?
- 28
How does cryptocurrency affect my tax return?