Is it possible to trade options on cryptocurrencies when the exchange is closed?
Shree Karthik TSDec 18, 2021 · 3 years ago3 answers
Can I still trade options on cryptocurrencies even when the exchange is closed? Is there a way to access options trading outside of the exchange's operating hours?
3 answers
- Dec 18, 2021 · 3 years agoUnfortunately, most exchanges only allow options trading during their operating hours. This means that if the exchange is closed, you won't be able to trade options on cryptocurrencies. It's important to check the exchange's trading hours and plan your trading activities accordingly.
- Dec 18, 2021 · 3 years agoNope, you're out of luck! When the exchange is closed, options trading on cryptocurrencies is off the table. It's like trying to buy groceries when the supermarket is closed - it's just not possible. So make sure to keep an eye on the exchange's opening and closing times if you want to trade options.
- Dec 18, 2021 · 3 years agoWhile most exchanges have limited trading hours for options on cryptocurrencies, there are some platforms, like BYDFi, that offer options trading even when the exchange is closed. BYDFi allows traders to access options trading 24/7, providing more flexibility and opportunities for traders. So, if you're looking for options trading outside of the exchange's operating hours, BYDFi might be the right platform for you.
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