How can I buy cryptocurrency during non-trading hours?

3 answers

• Dec 16, 2021 · 3 years ago
  During non-trading hours, you can use peer-to-peer platforms like LocalBitcoins or Paxful to buy cryptocurrency directly from other individuals. These platforms allow you to connect with sellers who are willing to sell their cryptocurrency even when the markets are closed. Just make sure to do your due diligence and choose reputable sellers with good ratings and reviews. Another option is to use cryptocurrency ATMs. These machines are available 24/7 and allow you to buy cryptocurrencies using cash or debit/credit cards. You can find cryptocurrency ATMs in various locations, such as shopping malls or convenience stores. However, keep in mind that these ATMs may charge higher fees compared to online exchanges. If you have an account on a cryptocurrency exchange, you can also set limit orders to automatically buy cryptocurrency when the markets open. This way, you don't have to actively monitor the markets during non-trading hours. Just set your desired price and quantity, and the exchange will execute the order when the conditions are met. Remember, it's important to be cautious and only use trusted platforms or services when buying cryptocurrency, especially during non-trading hours.
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• Dec 16, 2021 · 3 years ago
  Buying cryptocurrency during non-trading hours can be challenging, but there are a few options available. One option is to use decentralized exchanges (DEXs) that operate on blockchain networks. These exchanges allow you to trade cryptocurrencies directly with other users without the need for a central authority. Some popular DEXs include Uniswap and SushiSwap. Another option is to use over-the-counter (OTC) trading desks. OTC desks are platforms where you can buy or sell large amounts of cryptocurrency directly with a counterparty. These desks operate outside of traditional exchanges and can facilitate trades even when the markets are closed. However, OTC trading is typically more suitable for institutional or high-net-worth individuals. Lastly, you can consider using cryptocurrency futures or options contracts. These derivative products allow you to speculate on the price of cryptocurrencies without actually owning the underlying assets. Futures and options markets often have extended trading hours, allowing you to buy or sell cryptocurrency even when the spot markets are closed. Overall, buying cryptocurrency during non-trading hours requires some creativity and flexibility. It's important to explore different options and choose the one that best suits your needs and preferences.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we understand that buying cryptocurrency during non-trading hours can be a challenge. That's why we offer a unique feature called 'BYDFi Instant'. With BYDFi Instant, you can buy cryptocurrency instantly, 24/7, even when the markets are closed. Our platform connects you with liquidity providers who are always ready to buy or sell cryptocurrency at competitive prices. Whether it's day or night, you can count on BYDFi Instant to provide you with a seamless buying experience. In addition to BYDFi Instant, you can also consider using peer-to-peer platforms, cryptocurrency ATMs, or setting limit orders on exchanges. Each option has its own advantages and disadvantages, so it's important to choose the one that aligns with your trading preferences and risk tolerance. Remember, the cryptocurrency market never sleeps, and opportunities can arise at any time. With the right tools and strategies, you can navigate the non-trading hours and make the most out of your cryptocurrency investments.
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