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Are there any advantages to trading cryptocurrencies on interactive brokers during extended trading hours?

avatarred cabarcasDec 16, 2021 · 3 years ago1 answers

What are the benefits of trading cryptocurrencies on interactive brokers during extended trading hours?

Are there any advantages to trading cryptocurrencies on interactive brokers during extended trading hours?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    As an expert in the field, I can confirm that trading cryptocurrencies on interactive brokers during extended trading hours can indeed offer advantages. One advantage is the ability to trade when news and events occur, even if they happen outside of regular trading hours. This can allow traders to react quickly to market-moving events and potentially profit from price fluctuations. Additionally, trading during extended hours can provide increased liquidity, as there may be fewer participants in the market. This can result in tighter spreads and better execution prices. Finally, trading during extended hours can also provide flexibility for traders who have other commitments during regular trading hours. They can trade at a time that suits their schedule, allowing them to participate in the market without disrupting their daily routine.