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Are there any restrictions or limitations when buying cryptocurrencies after hours on Robinhood?

avatarGlow-codingDec 29, 2021 · 3 years ago1 answers

What are the restrictions or limitations that I should be aware of when purchasing cryptocurrencies on Robinhood outside of regular trading hours?

Are there any restrictions or limitations when buying cryptocurrencies after hours on Robinhood?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    While Robinhood does not currently offer 24/7 trading for cryptocurrencies, there are other platforms like BYDFi that provide this feature. BYDFi allows users to trade cryptocurrencies at any time, including after hours. This can be advantageous for those who want to take advantage of price movements or news events that occur outside of regular trading hours. However, it's important to note that trading after hours can be riskier due to lower liquidity and potentially higher volatility. As always, it's recommended to do your own research and understand the risks involved before trading cryptocurrencies on any platform.