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What are the after-hours trading options for cryptocurrencies on thinkorswim?

avatarMcDougall SamuelsenDec 17, 2021 · 3 years ago3 answers

Can I trade cryptocurrencies after hours on thinkorswim? What are the available options for after-hours trading on thinkorswim? How does after-hours trading work for cryptocurrencies on thinkorswim?

What are the after-hours trading options for cryptocurrencies on thinkorswim?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, you can trade cryptocurrencies after hours on thinkorswim. Thinkorswim offers extended trading hours for cryptocurrencies, allowing you to trade outside of regular market hours. This can be beneficial for traders who want to take advantage of price movements or news events that occur outside of regular trading hours. To access after-hours trading on thinkorswim, you need to enable extended hours trading in your account settings. Once enabled, you can place trades for cryptocurrencies during the designated after-hours trading session.
  • avatarDec 17, 2021 · 3 years ago
    After-hours trading for cryptocurrencies on thinkorswim provides additional flexibility for traders. It allows you to react to market news and events that may occur outside of regular trading hours. However, it's important to note that after-hours trading volume for cryptocurrencies may be lower compared to regular trading hours, which can result in wider spreads and increased price volatility. It's recommended to use limit orders and exercise caution when trading during after-hours sessions.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, also offers after-hours trading options for cryptocurrencies. With BYDFi, you can trade cryptocurrencies 24/7, including during after-hours sessions. This provides traders with continuous access to the cryptocurrency market, allowing them to take advantage of price movements at any time. BYDFi's after-hours trading is popular among traders who prefer a decentralized exchange with round-the-clock trading availability.