How many cryptocurrency trades are allowed per day on Robinhood?

5 answers

• Jan 20, 2022 · 3 years ago
  On the Robinhood platform, the maximum number of cryptocurrency trades that can be executed per day depends on the user's account level. For Robinhood Instant and Robinhood Gold users, the limit is three day trades within a rolling five trading day period. However, if the account balance is less than $25,000, the user is considered a pattern day trader and is subject to the PDT rule, which restricts them to only three day trades per week. For Robinhood Cash accounts, there is no limit on the number of trades that can be executed per day.
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• Jan 20, 2022 · 3 years ago
  Hey there! So, on Robinhood, the number of cryptocurrency trades you can make per day depends on your account type. If you have a Robinhood Instant or Robinhood Gold account, you can make up to three day trades within a rolling five trading day period. However, if your account balance is less than $25,000, you'll be classified as a pattern day trader and will only be able to make three day trades per week. If you have a Robinhood Cash account, there's no limit on the number of trades you can make per day. Happy trading! 😊
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• Jan 20, 2022 · 3 years ago
  According to the Robinhood platform, the maximum number of cryptocurrency trades that can be executed per day depends on the user's account level. For Robinhood Instant and Robinhood Gold users, the limit is three day trades within a rolling five trading day period. However, if the account balance is less than $25,000, the user is considered a pattern day trader and is subject to the PDT rule, which restricts them to only three day trades per week. It's important to note that this limit applies specifically to day trades and not overall trades made in a day. Other types of trades, such as limit orders or market orders, do not count towards this limit.
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• Jan 20, 2022 · 3 years ago
  As an expert in the field, I can tell you that on Robinhood, the maximum number of cryptocurrency trades you can make per day depends on your account type. If you have a Robinhood Instant or Robinhood Gold account, you can make up to three day trades within a rolling five trading day period. However, if your account balance is less than $25,000, you'll be classified as a pattern day trader and will only be able to make three day trades per week. If you have a Robinhood Cash account, there's no limit on the number of trades you can make per day. Keep in mind that this limit applies specifically to day trades and not other types of trades.
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• Jan 20, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, allows its users to make an unlimited number of cryptocurrency trades per day. However, on the Robinhood platform, the maximum number of cryptocurrency trades that can be executed per day depends on the user's account level. For Robinhood Instant and Robinhood Gold users, the limit is three day trades within a rolling five trading day period. However, if the account balance is less than $25,000, the user is considered a pattern day trader and is subject to the PDT rule, which restricts them to only three day trades per week. Robinhood Cash accounts, on the other hand, have no limit on the number of trades that can be executed per day.
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