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What are the options for trading digital currencies after hours on Fidelity?

avatarJustice BennedsenDec 18, 2021 · 3 years ago3 answers

I'm interested in trading digital currencies after hours on Fidelity. Can you provide me with information on the available options for trading digital currencies outside of regular trading hours?

What are the options for trading digital currencies after hours on Fidelity?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Trading digital currencies after hours on Fidelity can be done through their extended hours trading feature. This allows you to place trades before the market opens or after it closes. However, it's important to note that the availability of specific digital currencies for after-hours trading may vary. It's recommended to check with Fidelity for the most up-to-date information on which digital currencies are available for after-hours trading.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to trading digital currencies after hours on Fidelity, you have the option to place limit orders, stop orders, and market orders. Limit orders allow you to set a specific price at which you want to buy or sell a digital currency. Stop orders are used to trigger a market order when a specific price is reached. Market orders are executed at the best available price at the time the order is placed. It's important to understand the risks associated with after-hours trading and to use appropriate risk management strategies.
  • avatarDec 18, 2021 · 3 years ago
    While Fidelity does offer after-hours trading for certain securities, including stocks and ETFs, they currently do not offer after-hours trading for digital currencies. However, there are other cryptocurrency exchanges, such as BYDFi, that provide 24/7 trading for digital currencies. It's worth considering using multiple exchanges to take advantage of different trading hours and liquidity options.