How does Robinhood after hours trading work for cryptocurrencies?

3 answers

• Rita AdhikaryJul 28, 2022 · 3 years ago
  Sure! After hours trading on Robinhood allows users to trade cryptocurrencies outside of the regular market hours, which are typically from 9:30 AM to 4:00 PM Eastern Time. During after hours trading, users can place buy or sell orders for cryptocurrencies, but the execution of these orders may be delayed until the market opens again. It's important to note that the price of cryptocurrencies during after hours trading may be more volatile compared to regular market hours due to lower liquidity. Therefore, it's recommended to exercise caution and use limit orders to avoid unexpected price fluctuations.
  608

  304
• Benjamin SandersOct 22, 2022 · 3 years ago
  After hours trading for cryptocurrencies on Robinhood is convenient for users who are unable to trade during regular market hours. It allows them to take advantage of potential price movements and news announcements that occur outside of the regular trading hours. However, it's important to understand that after hours trading may have lower liquidity, which can result in wider bid-ask spreads and increased price volatility. Therefore, it's advisable to carefully consider the risks and use appropriate risk management strategies when trading cryptocurrencies during after hours.
  582

  194
• Satish MauryaSep 18, 2024 · a year ago
  BYDFi, a leading digital asset exchange, also offers after hours trading for cryptocurrencies. Similar to Robinhood, users can trade cryptocurrencies outside of regular market hours and take advantage of potential price movements. However, it's important to note that the liquidity and trading volume during after hours trading may be lower compared to regular market hours. Therefore, it's recommended to use limit orders and be mindful of potential price fluctuations. BYDFi provides a user-friendly interface and advanced trading features to enhance the trading experience during after hours.
  595

  149