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Is it possible to trade options on digital assets before the market officially opens?

avatarstickersheets23Dec 28, 2021 · 3 years ago3 answers

Is it allowed to trade options on digital assets before the official market opening hours?

Is it possible to trade options on digital assets before the market officially opens?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    No, it is generally not possible to trade options on digital assets before the market officially opens. Most exchanges have specific trading hours during which options can be bought or sold. This is to ensure fair and orderly trading and to prevent any potential manipulation or unfair advantage. It is important to check the trading hours of the exchange where you want to trade options on digital assets.
  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, you cannot trade options on digital assets before the market officially opens. Exchanges have set trading hours to maintain market stability and prevent any potential issues. It is crucial to be aware of the trading hours and plan your trades accordingly to avoid any inconvenience.
  • avatarDec 28, 2021 · 3 years ago
    While it is generally not possible to trade options on digital assets before the market officially opens, there are some exchanges like BYDFi that offer pre-market trading options. However, it is important to note that pre-market trading may have limited liquidity and higher volatility compared to regular trading hours. It is recommended to thoroughly research and understand the risks associated with pre-market trading before participating.