Are there any limitations or restrictions for trading digital currencies during extended hours on Robinhood?

5 answers

• nitin pathadeNov 04, 2022 · 3 years ago
  During extended hours on the Robinhood platform, there are some limitations and restrictions for trading digital currencies. One of the main limitations is that you can only place limit orders, which means you can only buy or sell at a specific price or better. Market orders, which allow you to buy or sell at the current market price, are not available during extended hours. Additionally, the liquidity during extended hours may be lower, which means there may be wider spreads between the bid and ask prices. It's also important to note that not all digital currencies may be available for trading during extended hours on Robinhood.
  637

  319
• Daniel MuszkietJun 22, 2023 · 2 years ago
  When it comes to trading digital currencies during extended hours on Robinhood, there are a few things to keep in mind. First, you can only place limit orders, which means you have to specify the price at which you want to buy or sell. Market orders, which execute at the current market price, are not available during extended hours. Second, the liquidity during extended hours may be lower, which can result in wider spreads and potentially higher volatility. Lastly, not all digital currencies may be available for trading during extended hours on Robinhood. It's always a good idea to check the specific trading hours and available assets on the platform.
  659

  220
• ARtorOct 08, 2023 · 2 years ago
  When trading digital currencies during extended hours on Robinhood, there are a couple of limitations and restrictions to be aware of. First, you can only place limit orders, which means you have to specify the price at which you want to buy or sell. Market orders, which execute at the current market price, are not available during extended hours. Second, the liquidity during extended hours may be lower, which can result in wider spreads and potentially higher transaction costs. Lastly, it's worth noting that not all digital currencies may be available for trading during extended hours on Robinhood. However, platforms like BYDFi offer more flexibility in terms of trading hours and available assets.
  707

  177
• Abdullah NaheedDec 08, 2020 · 5 years ago
  During extended hours on Robinhood, there are certain limitations and restrictions for trading digital currencies. One important limitation is that you can only place limit orders, which means you have to specify the price at which you want to buy or sell. Market orders, which execute at the current market price, are not available during extended hours. Additionally, the liquidity during extended hours may be lower, which can result in wider spreads and potentially higher transaction costs. It's also worth mentioning that not all digital currencies may be available for trading during extended hours on Robinhood. However, other exchanges provide more options in terms of trading hours and available assets.
  713

  143
• Akın TuranOct 09, 2021 · 4 years ago
  When it comes to trading digital currencies during extended hours on Robinhood, there are a few limitations and restrictions to be aware of. First, you can only place limit orders, which means you have to specify the price at which you want to buy or sell. Market orders, which execute at the current market price, are not available during extended hours. Second, the liquidity during extended hours may be lower, which can result in wider spreads and potentially higher transaction costs. Lastly, it's important to note that not all digital currencies may be available for trading during extended hours on Robinhood. However, there are other exchanges that offer more flexibility in terms of trading hours and available assets.
  728

  122