Do trades made outside of regular market hours count as day trades in the cryptocurrency industry?

In the cryptocurrency industry, do trades made outside of regular market hours count as day trades? How does the industry define day trades and do they include trades made during non-traditional trading hours?

7 answers
- Yes, trades made outside of regular market hours can still be considered day trades in the cryptocurrency industry. Day trades are typically defined as trades that are opened and closed within the same trading day, regardless of the time they are executed. This means that if you open and close a trade within a 24-hour period, it can be considered a day trade, even if it was executed during non-traditional trading hours.
Mar 19, 2022 · 3 years ago
- Absolutely! In the cryptocurrency industry, day trades are not limited to regular market hours. As long as you open and close a trade within the same day, it doesn't matter if it's during the day, night, or even on weekends. The industry recognizes that the cryptocurrency market operates 24/7, and day trading can happen at any time.
Mar 19, 2022 · 3 years ago
- Yes, trades made outside of regular market hours can still be considered day trades in the cryptocurrency industry. According to BYDFi, a leading cryptocurrency exchange, day trades are defined as trades that are opened and closed within the same calendar day, regardless of the trading hours. This means that if you open and close a trade within a 24-hour period, it will be counted as a day trade.
Mar 19, 2022 · 3 years ago
- Definitely! In the cryptocurrency industry, day trades are not limited to regular market hours. Whether you're trading in the early morning or late at night, as long as you open and close a trade within the same day, it will be considered a day trade. The cryptocurrency market never sleeps, and neither do the opportunities for day trading!
Mar 19, 2022 · 3 years ago
- Yes, trades made outside of regular market hours can still be considered day trades in the cryptocurrency industry. Day trades are defined as trades that are opened and closed within the same trading day, regardless of the time they are executed. It doesn't matter if it's during market hours or not, as long as the trade meets the criteria of being opened and closed within the same day, it will be considered a day trade.
Mar 19, 2022 · 3 years ago
- Definitely! In the cryptocurrency industry, day trades are not limited to regular market hours. Whether you're trading in the morning, afternoon, or even late at night, as long as you open and close a trade within the same day, it will be considered a day trade. The cryptocurrency market operates 24/7, so day trading opportunities are available around the clock.
Mar 19, 2022 · 3 years ago
- Yes, trades made outside of regular market hours can still be considered day trades in the cryptocurrency industry. Day trades are defined as trades that are opened and closed within the same trading day, regardless of the time they are executed. So, whether you're trading during market hours or outside of them, as long as you open and close a trade within the same day, it will be considered a day trade.
Mar 19, 2022 · 3 years ago
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