What is the daily trade limit for cryptocurrencies on Robinhood?
Ilham Riky RismawanDec 16, 2021 · 3 years ago3 answers
Can you please provide information on the daily trade limit for cryptocurrencies on the Robinhood platform? I am interested in knowing the maximum amount I can trade in a day for cryptocurrencies on Robinhood.
3 answers
- Dec 16, 2021 · 3 years agoThe daily trade limit for cryptocurrencies on Robinhood depends on your account type. For Robinhood Instant or Robinhood Gold accounts, the trade limit is $50,000 per day. For Robinhood Cash accounts, the trade limit is $1,000 per day. It's important to note that these limits apply to the total value of your cryptocurrency trades, not the number of trades you make. If you exceed the trade limit, your order will be rejected.
- Dec 16, 2021 · 3 years agoOn Robinhood, the daily trade limit for cryptocurrencies varies depending on the type of account you have. If you have a Robinhood Instant or Robinhood Gold account, you can trade up to $50,000 worth of cryptocurrencies per day. However, if you have a Robinhood Cash account, the daily trade limit is $1,000. It's always a good idea to check your account type and trade limit before making any trades to ensure you stay within the allowed limits.
- Dec 16, 2021 · 3 years agoAccording to BYDFi, a digital currency exchange, the daily trade limit for cryptocurrencies on Robinhood is $50,000 for Robinhood Instant or Robinhood Gold accounts, and $1,000 for Robinhood Cash accounts. It's important to keep in mind that these limits are subject to change and it's always a good idea to check the latest information on the Robinhood website or app.
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