What is the impact of a short balance on cryptocurrency trading on TD Ameritrade?

3 answers

• Dec 18, 2021 · 3 years ago
  Yes, having a short balance can impact cryptocurrency trading on TD Ameritrade. When you have a short balance, it means you owe more cryptocurrency than you currently hold. This can limit your ability to make certain trades and may result in additional fees or restrictions. It's important to manage your balance carefully and ensure you have enough funds to cover your short positions.
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• Dec 18, 2021 · 3 years ago
  Absolutely! If you have a short balance on TD Ameritrade, it can have a significant impact on your cryptocurrency trading. Not only can it restrict your ability to make certain trades, but it can also lead to additional fees and limitations. It's crucial to keep a close eye on your balance and ensure you have enough funds to cover any short positions you have.
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• Dec 18, 2021 · 3 years ago
  Having a short balance on TD Ameritrade can indeed affect your cryptocurrency trading. It's important to note that TD Ameritrade does not currently offer cryptocurrency trading directly, but they do provide access to Bitcoin futures through the CME Group. If you have a short balance on TD Ameritrade, it may limit your ability to trade Bitcoin futures or result in additional fees. It's always a good idea to maintain a positive balance to avoid any potential limitations or restrictions.
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