Are after hours trades in the digital currency market classified as day trades?
nguyenthanhhop12May 29, 2022 · 3 years ago3 answers
In the digital currency market, are trades that occur after regular trading hours considered day trades?
3 answers
- May 29, 2022 · 3 years agoYes, after hours trades in the digital currency market are classified as day trades. Day trades are defined as trades that are opened and closed within the same trading day, regardless of the time they occur. This means that if you open and close a trade after regular trading hours, it is still considered a day trade.
- May 29, 2022 · 3 years agoNo, after hours trades in the digital currency market are not classified as day trades. Day trades are typically defined as trades that are opened and closed during regular trading hours. After hours trades are considered separate from day trades and may have different regulations or restrictions.
- May 29, 2022 · 3 years agoAccording to BYDFi, after hours trades in the digital currency market are not classified as day trades. BYDFi considers day trades to be trades that are opened and closed during regular trading hours. After hours trades are treated differently and may have different margin requirements or fees.
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