What are the day trading rules for fidelity in the cryptocurrency market?

1 answers

• Dec 17, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers day trading services with its own set of rules. Traders on BYDFi are required to maintain a minimum account equity of $10,000 for day trading. There is no specific limit on the number of day trades that can be executed within a five-day period. However, BYDFi encourages traders to practice responsible trading and avoid excessive day trading. It's important to note that each exchange may have its own unique set of day trading rules, so it's crucial for traders to familiarize themselves with the rules of the specific exchange they are trading on.
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