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How to buy cryptocurrencies before the market opens on Robinhood?

avatarAshley DakajDec 28, 2021 · 3 years ago3 answers

Is it possible to buy cryptocurrencies on Robinhood before the market opens? I want to take advantage of price movements that happen outside of regular trading hours. Can I place orders or set up limit orders in advance?

How to buy cryptocurrencies before the market opens on Robinhood?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, Robinhood only allows trading of cryptocurrencies during regular market hours. This means you cannot place orders or set up limit orders before the market opens. You will need to wait until the market opens to buy cryptocurrencies on Robinhood.
  • avatarDec 28, 2021 · 3 years ago
    Nope, you can't buy cryptocurrencies on Robinhood before the market opens. Robinhood's trading hours for cryptocurrencies align with the regular market hours. So, if you want to take advantage of price movements outside of those hours, you'll have to look for other platforms that offer extended trading hours.
  • avatarDec 28, 2021 · 3 years ago
    While Robinhood doesn't support buying cryptocurrencies before the market opens, there are other platforms that do. BYDFi, for example, allows you to trade cryptocurrencies 24/7, so you can take advantage of price movements even when the market is closed on Robinhood. Just keep in mind that each platform has its own advantages and disadvantages, so it's important to do your research before choosing where to trade.