How can I sell my digital assets during non-trading hours?
Kevin SlingerlandDec 16, 2021 · 3 years ago3 answers
I want to sell my digital assets, but it's currently non-trading hours. How can I sell them during this time?
3 answers
- Dec 16, 2021 · 3 years agoDuring non-trading hours, you can consider using over-the-counter (OTC) trading platforms. OTC platforms allow you to trade directly with other individuals or institutions, even when the regular market is closed. This can be a convenient option for selling your digital assets outside of trading hours. Just make sure to choose a reputable OTC platform and follow their guidelines for trading.
- Dec 16, 2021 · 3 years agoIf you're looking to sell your digital assets during non-trading hours, you might also consider setting limit orders on a cryptocurrency exchange. A limit order allows you to specify the price at which you want to sell your assets, and the order will be executed automatically when the market reaches that price. This way, even if the market is closed, your sell order will be processed as soon as the price reaches your specified level.
- Dec 16, 2021 · 3 years agoAnother option to sell your digital assets during non-trading hours is to use a decentralized exchange (DEX). DEXs operate 24/7 and allow you to trade directly from your digital wallet without the need for a centralized intermediary. However, it's important to note that not all digital assets may be available on DEXs, so you'll need to check if your specific assets are supported before using this option.
Related Tags
Hot Questions
- 97
What are the tax implications of using cryptocurrency?
- 84
How does cryptocurrency affect my tax return?
- 73
How can I buy Bitcoin with a credit card?
- 69
What is the future of blockchain technology?
- 61
Are there any special tax rules for crypto investors?
- 56
What are the best practices for reporting cryptocurrency on my taxes?
- 47
How can I protect my digital assets from hackers?
- 31
What are the best digital currencies to invest in right now?