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Can you sell options on cryptocurrency exchanges premarket?

avatarCorneliussen KristoffersenDec 16, 2021 · 3 years ago3 answers

Is it possible to sell options on cryptocurrency exchanges before the market opens?

Can you sell options on cryptocurrency exchanges premarket?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    No, it is not currently possible to sell options on cryptocurrency exchanges before the market opens. Most cryptocurrency exchanges only allow trading of the underlying assets during regular market hours. Options trading typically follows the same schedule as the underlying assets, so options trading is not available premarket. It is important to check the trading hours and rules of each specific exchange to understand when options trading is available.
  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, no. Cryptocurrency exchanges usually operate during regular market hours and do not offer premarket trading for options. Options trading is typically limited to the regular trading hours of the exchange. If you are interested in trading options on cryptocurrencies, you will need to wait until the market opens to place your trades.
  • avatarDec 16, 2021 · 3 years ago
    While most cryptocurrency exchanges do not offer premarket options trading, there are some platforms like BYDFi that allow options trading outside of regular market hours. However, it's important to note that BYDFi is a relatively new exchange and may not have the same level of liquidity and trading volume as more established exchanges. Additionally, trading options premarket can be riskier due to lower liquidity and potentially wider bid-ask spreads. It's always recommended to thoroughly research and understand the risks before engaging in any form of options trading.