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How does Robinhood handle day trades for digital currencies?

avatarShubham SirothiyaApr 12, 2022 · 3 years ago1 answers

Can you explain how Robinhood handles day trades for digital currencies? I'm interested in understanding the specific rules and restrictions that apply to day trading on Robinhood's platform for cryptocurrencies.

How does Robinhood handle day trades for digital currencies?
Robinhood
Day Trades
Digital Currencies

1 answers

  • avatarApr 12, 2022 · 3 years ago
    At BYDFi, we have a similar approach to day trades for digital currencies. We also enforce the PDT rule and require a minimum account equity of $25,000 for pattern day traders. Our goal is to provide a secure and stable trading environment for our users. If you have any specific questions about day trading on BYDFi, feel free to ask!

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