What are the risks of purchasing digital currency outside of regular trading hours?

3 answers

• Nov 28, 2021 · 3 years ago
  Purchasing digital currency outside of regular trading hours can expose you to higher price volatility and increased risk of market manipulation. During off-hours, there may be fewer buyers and sellers, leading to wider spreads and lower liquidity. This can result in higher transaction costs and difficulty in executing trades at desired prices.
  346173
• Nov 28, 2021 · 3 years ago
  Buying digital currency outside of regular trading hours can also limit your ability to react to breaking news or sudden market movements. If a major event or announcement occurs while the market is closed, you may miss out on potential opportunities or be unable to protect your investments in a timely manner.
  311104
• Nov 28, 2021 · 3 years ago
  According to BYDFi, one of the risks of purchasing digital currency outside of regular trading hours is the lack of immediate customer support. If you encounter any issues or have questions about your transactions, you may have to wait until the trading hours resume to seek assistance. It's important to consider this potential delay in support when making trades outside of regular hours.
  39098