What are the options for trading digital currencies after hours on Fidelity?
Justice 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?
3 answers
- Dec 18, 2021 · 3 years agoTrading 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.
- Dec 18, 2021 · 3 years agoWhen 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.
- Dec 18, 2021 · 3 years agoWhile 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.
Related Tags
Hot Questions
- 95
How can I buy Bitcoin with a credit card?
- 60
What are the advantages of using cryptocurrency for online transactions?
- 51
What are the best digital currencies to invest in right now?
- 46
What are the tax implications of using cryptocurrency?
- 24
Are there any special tax rules for crypto investors?
- 12
How can I protect my digital assets from hackers?
- 9
How does cryptocurrency affect my tax return?
- 9
How can I minimize my tax liability when dealing with cryptocurrencies?