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How can I buy or sell cryptocurrencies during non-trading hours?

avatarchenaoshiweipangNov 26, 2021 · 3 years ago3 answers

What are the options for buying or selling cryptocurrencies when the market is closed?

How can I buy or sell cryptocurrencies during non-trading hours?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    During non-trading hours, you can still buy or sell cryptocurrencies through over-the-counter (OTC) trading desks. OTC desks allow you to trade directly with other individuals or institutions, even when the regular exchanges are closed. This can be a convenient option if you need to execute a trade outside of normal trading hours. However, keep in mind that OTC trading may have different liquidity and pricing compared to the regular exchanges.
  • avatarNov 26, 2021 · 3 years ago
    When the market is closed, some cryptocurrency exchanges offer limited trading options. These options may include placing limit orders, which will be executed once the market opens. Additionally, some exchanges may have after-hours trading sessions, allowing you to trade during specific time windows outside of regular trading hours. It's important to check with your exchange to see if they offer any alternative trading options during non-trading hours.
  • avatarNov 26, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, offers a unique feature called '24/7 trading' that allows users to buy or sell cryptocurrencies at any time, even during non-trading hours. This feature ensures that you have access to the market whenever you need it, without being limited by the trading hours. With BYDFi's 24/7 trading, you can take advantage of market opportunities and manage your portfolio effectively, regardless of the time of day or night.