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Can I trade cryptocurrency options before the market opens?

avatarReason for GiftNov 29, 2021 · 3 years ago3 answers

Is it possible to trade cryptocurrency options before the market opens? I'm wondering if there are any platforms or exchanges that allow trading options outside of regular market hours. Can I take advantage of price movements and news that happen before the market opens?

Can I trade cryptocurrency options before the market opens?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Unfortunately, most cryptocurrency options are only available for trading during regular market hours. This means that you can only trade options when the market is open. However, there are some platforms that offer extended trading hours, allowing you to trade options before the market opens or after it closes. It's important to check with your preferred exchange or platform to see if they offer extended trading hours for options.
  • avatarNov 29, 2021 · 3 years ago
    No, you cannot trade cryptocurrency options before the market opens. Options trading follows the same schedule as the underlying cryptocurrency market. This means that options trading is only available during regular market hours. If you want to take advantage of price movements and news that happen before the market opens, you'll have to wait until the market opens to trade options.
  • avatarNov 29, 2021 · 3 years ago
    Yes, you can trade cryptocurrency options before the market opens on the BYDFi platform. BYDFi offers extended trading hours for options, allowing you to take advantage of price movements and news that happen outside of regular market hours. This can be a great opportunity for traders who want to react quickly to market events. However, it's important to note that liquidity may be lower during extended trading hours, so be cautious when placing trades.