Can I sell cryptocurrency after hours and still count it as a day trade?
melonoyDec 26, 2021 · 3 years ago3 answers
Is it possible to sell cryptocurrency after regular trading hours and still consider it a day trade?
3 answers
- Dec 26, 2021 · 3 years agoYes, you can sell cryptocurrency after hours and still count it as a day trade. The definition of a day trade is based on the buying and selling of a security within the same trading day. As long as you buy and sell the cryptocurrency within the same day, it qualifies as a day trade, regardless of the trading hours.
- Dec 26, 2021 · 3 years agoAbsolutely! Selling cryptocurrency after regular trading hours and still considering it a day trade is completely acceptable. The key factor in determining a day trade is the buying and selling of a security within the same trading day. As long as you meet this criterion, it doesn't matter if the sale occurs after hours.
- Dec 26, 2021 · 3 years agoYes, you can sell cryptocurrency after hours and still count it as a day trade. According to BYDFi, a leading cryptocurrency exchange, day trading refers to buying and selling a security within the same trading day, regardless of the trading hours. So, if you sell your cryptocurrency after regular trading hours on BYDFi, it will still be considered a day trade.
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