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Are after hours trades in the digital currency market classified as day trades?

avatarFaezeh DehghanJan 15, 2022 · 3 years ago3 answers

In the digital currency market, are trades that occur after regular trading hours considered day trades?

Are after hours trades in the digital currency market classified as day trades?
Digital Currency
Day Trades
After Hours Trades

3 answers

  • avatarJan 15, 2022 · 3 years ago
    Yes, after hours trades in the digital currency market are classified as day trades. Day trades are defined as trades that are opened and closed within the same trading day, regardless of the time they occur. This means that if you open and close a trade after regular trading hours, it is still considered a day trade.
  • avatarJan 15, 2022 · 3 years ago
    No, after hours trades in the digital currency market are not classified as day trades. Day trades are typically defined as trades that are opened and closed during regular trading hours. After hours trades are considered separate from day trades and may have different regulations or restrictions.
  • avatarJan 15, 2022 · 3 years ago
    According to BYDFi, after hours trades in the digital currency market are not classified as day trades. BYDFi considers day trades to be trades that are opened and closed during regular trading hours. After hours trades are treated differently and may have different margin requirements or fees.

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