How can I trade cryptocurrencies during extended hours on Scottrade?

3 answers

• Flynn LassiterJun 30, 2021 · 4 years ago
  Yes, you can trade cryptocurrencies on Scottrade during extended hours. Scottrade offers extended hours trading for certain securities, including cryptocurrencies. This allows you to trade cryptocurrencies outside of regular trading hours, giving you more flexibility and opportunities to take advantage of market movements. Just keep in mind that the liquidity and trading volume may be lower during extended hours, which can result in wider spreads and higher volatility. Make sure to do your research and use limit orders to protect yourself from excessive price fluctuations.
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• Krisjane RealizaAug 23, 2024 · a year ago
  Absolutely! Scottrade allows you to trade cryptocurrencies during extended hours. This means you can buy and sell cryptocurrencies even when the regular market is closed. It's a great feature for those who want to take advantage of news or events that occur outside of regular trading hours. Just be aware that the trading volume during extended hours may be lower, which can lead to wider spreads and increased volatility. It's always a good idea to use limit orders and be cautious when trading during extended hours.
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• Pablo MelladoNov 16, 2021 · 4 years ago
  Yes, you can trade cryptocurrencies during extended hours on Scottrade. However, it's important to note that Scottrade is now part of TD Ameritrade, which has its own trading platform called thinkorswim. If you're specifically looking to trade cryptocurrencies, you may want to consider using a dedicated cryptocurrency exchange like BYDFi, which offers 24/7 trading and a wide range of cryptocurrencies to choose from. But if you prefer to trade cryptocurrencies on Scottrade, you can do so during extended hours, just be mindful of the potential lower liquidity and higher volatility during these times.
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