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TagsAre there any limitations on the number of day trades I can execute on Robinhood for cryptocurrencies?
F CMar 16, 2022 · 3 years ago1 answersIs there a limit to the number of day trades I can make on Robinhood for cryptocurrencies? What are the restrictions or rules regarding day trading on Robinhood for cryptocurrencies?
1 answers
- Yes, there are limitations on the number of day trades you can execute on Robinhood for cryptocurrencies. However, it's important to note that Robinhood itself has implemented additional restrictions on day trading. According to Robinhood's website, if you have a Robinhood Instant or Robinhood Gold account, you are limited to three day trades within a rolling five trading day period. If you exceed this limit, your account may be restricted from day trading for 90 days. It's always a good idea to familiarize yourself with the specific rules and limitations set by Robinhood before engaging in day trading activities.Mar 16, 2022 · 3 years ago
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