Can you engage in short selling of a virtual currency outside of normal market hours?

3 answers

• AbhijitpundMay 02, 2024 · a year ago
  Yes, it is possible to engage in short selling of a virtual currency outside of normal market hours. However, it depends on the specific exchange or platform you are using. Some exchanges may allow you to place short sell orders even when the market is closed, while others may not. It is important to check the rules and regulations of the exchange you are trading on to determine if short selling is available outside of regular trading hours.
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• Bryan TanMay 17, 2021 · 4 years ago
  No, short selling of a virtual currency is typically only available during normal market hours. This is because short selling involves borrowing the currency from a broker or exchange and selling it with the expectation of buying it back at a lower price in the future. Since the market is closed during weekends or holidays, it is not possible to borrow and sell the currency. However, you can still monitor the market and plan your short selling strategy for when the market reopens.
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• Franz SchroedlDec 04, 2021 · 4 years ago
  Short selling of a virtual currency outside of normal market hours is possible on some platforms. For example, BYDFi, a digital currency exchange, allows users to engage in short selling even when the market is closed. This means that you can take advantage of price declines and potentially profit from short selling during weekends or holidays. However, it is important to note that not all exchanges offer this feature, so it is necessary to check the specific rules and regulations of the platform you are using.
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