common-close-0
BYDFi
Trade wherever you are!

Is it possible to sell digital assets during non-trading hours?

avatarKamalyDec 16, 2021 · 3 years ago3 answers

Can I sell my digital assets even when the market is closed?

Is it possible to sell digital assets during non-trading hours?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, you can sell your digital assets even when the market is closed. Many cryptocurrency exchanges offer the option to place limit orders, which allow you to set a specific price at which you want to sell your assets. When the market reopens, if the price reaches your set limit, the exchange will automatically execute the sale. This allows you to take advantage of price movements even when you're not actively trading.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! You don't have to wait for the market to open to sell your digital assets. With the advent of decentralized exchanges, you can trade your assets 24/7. These exchanges operate on blockchain technology and don't rely on traditional market hours. So, whether it's day or night, you have the freedom to sell your digital assets whenever you want.
  • avatarDec 16, 2021 · 3 years ago
    Yes, it is possible to sell digital assets during non-trading hours. For example, at BYDFi, a leading cryptocurrency exchange, you can place limit orders to sell your assets even when the market is closed. This means you can set a specific price at which you want to sell, and the order will be executed automatically when the market reopens. It's a convenient feature that allows you to take advantage of market movements and manage your investments effectively.