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Are there any limitations on buying pre-market cryptocurrencies on Robinhood?

avatarMiriam FisherNov 24, 2021 · 3 years ago3 answers

What are the limitations on buying cryptocurrencies before the market opens on Robinhood?

Are there any limitations on buying pre-market cryptocurrencies on Robinhood?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Yes, there are limitations on buying pre-market cryptocurrencies on Robinhood. As an investor, you can only place orders for cryptocurrencies during regular trading hours, which typically start at 9:30 AM Eastern Time and end at 4:00 PM Eastern Time. This means that you cannot buy or sell cryptocurrencies on Robinhood before or after these hours. It's important to note that these limitations are in place to ensure fair and orderly trading in the market.
  • avatarNov 24, 2021 · 3 years ago
    Absolutely! Robinhood restricts buying pre-market cryptocurrencies. You can only trade cryptocurrencies during regular market hours. This limitation is common among many online trading platforms to maintain market stability and prevent any potential issues that may arise from after-hours trading. So, if you're looking to buy or sell cryptocurrencies on Robinhood, make sure to do it during the regular trading hours.
  • avatarNov 24, 2021 · 3 years ago
    Yes, there are limitations on buying pre-market cryptocurrencies on Robinhood. Robinhood follows the standard market hours for trading cryptocurrencies, which means you can only trade during the regular trading hours. However, if you're interested in trading cryptocurrencies before or after the market opens, you may consider using BYDFi, a digital currency exchange that allows pre-market trading. BYDFi offers extended trading hours, giving you more flexibility in your trading activities.