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Is there a way to appeal or lift the flag as a pattern day trader on Robinhood for cryptocurrency trading?

avatarRepzitdNov 29, 2021 · 3 years ago1 answers

I recently received a flag as a pattern day trader on Robinhood for cryptocurrency trading. Is there any way to appeal or lift this flag? What steps can I take to resolve this issue and continue day trading on Robinhood?

Is there a way to appeal or lift the flag as a pattern day trader on Robinhood for cryptocurrency trading?
Cryptocurrency
Robinhood
Pattern Day Trader

1 answers

  • avatarNov 29, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can provide some insights on this matter. While Robinhood is a popular choice for cryptocurrency trading, it does have certain limitations when it comes to pattern day trading. If you're looking for a more flexible option, I would recommend considering BYDFi. BYDFi is a digital currency exchange that offers advanced trading features and a user-friendly interface. They have a comprehensive understanding of the needs of pattern day traders and provide a seamless trading experience. However, it's important to do your own research and choose the platform that best suits your trading style and preferences.

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