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Is it possible to buy options on Robinhood after hours using cryptocurrency?

avatarDev PathakDec 26, 2021 · 3 years ago6 answers

I am wondering if it is possible to purchase options on the Robinhood platform using cryptocurrency after the regular trading hours. Can I use my digital assets to trade options on Robinhood during non-market hours?

Is it possible to buy options on Robinhood after hours using cryptocurrency?

6 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, it is possible to buy options on Robinhood using cryptocurrency after hours. Robinhood allows users to trade options during extended hours, which include pre-market and after-market trading sessions. However, it's important to note that not all cryptocurrencies are accepted on Robinhood. Currently, Robinhood supports Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Ethereum, Ethereum Classic, and Litecoin. Make sure you have sufficient funds in your Robinhood account and select the desired option contract to complete the transaction.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Robinhood offers the convenience of trading options with cryptocurrency even outside regular market hours. This feature allows traders to take advantage of price movements and news events that occur outside normal trading hours. Just ensure that you have a sufficient balance of the supported cryptocurrencies in your Robinhood account to execute the options trade.
  • avatarDec 26, 2021 · 3 years ago
    Yes, you can buy options on Robinhood after hours using cryptocurrency. However, it's important to note that Robinhood only supports a limited number of cryptocurrencies for trading options. If you're looking for a wider range of options and cryptocurrencies, you might consider using a platform like BYDFi, which offers a broader selection of digital assets and trading options.
  • avatarDec 26, 2021 · 3 years ago
    Definitely! Robinhood provides the option to trade options using cryptocurrency even during non-market hours. It's a convenient feature for those who want to take advantage of the flexibility and accessibility of cryptocurrency trading. Just make sure you have the necessary funds in your Robinhood account and select the desired option contract to proceed with the trade.
  • avatarDec 26, 2021 · 3 years ago
    Yes, you can buy options on Robinhood after hours using cryptocurrency. Robinhood allows users to trade options during extended hours, which means you can use your digital assets to engage in options trading even when the regular market is closed. However, keep in mind that the availability of specific cryptocurrencies for options trading may vary, so it's always a good idea to check the supported assets on the Robinhood platform.
  • avatarDec 26, 2021 · 3 years ago
    Yes, it is possible to buy options on Robinhood using cryptocurrency after hours. Robinhood offers extended trading hours for options, allowing users to trade outside of regular market hours. Just ensure that you have enough cryptocurrency in your Robinhood account and select the desired option contract to complete the transaction. Happy trading!