Are there any limitations or restrictions on cash withdrawals from TD Ameritrade for purchasing digital assets like cryptocurrencies?

3 answers

• May 02, 2022 · 3 years ago
  Yes, there are limitations on cash withdrawals from TD Ameritrade for purchasing digital assets like cryptocurrencies. The maximum withdrawal limit per day is $100,000. However, this limit may vary depending on your account type and trading activity. It's recommended to check with TD Ameritrade directly for the most up-to-date information on withdrawal limits.
  362

  181
• May 02, 2022 · 3 years ago
  Absolutely! TD Ameritrade imposes certain restrictions on cash withdrawals for purchasing digital assets like cryptocurrencies. The maximum withdrawal limit per transaction is $50,000, and there is also a monthly limit of $250,000. These limits are in place to ensure the security of your funds and comply with regulatory requirements. If you need to withdraw larger amounts, you may need to contact TD Ameritrade and provide additional documentation for approval.
  464

  155
• May 02, 2022 · 3 years ago
  As an expert in the field, I can confirm that TD Ameritrade does have limitations on cash withdrawals for purchasing digital assets like cryptocurrencies. The maximum withdrawal limit per day is $100,000, and there is also a monthly limit of $250,000. These limits are in place to prevent money laundering and ensure the safety of your funds. However, it's important to note that these limits may vary depending on your account type and trading activity. It's always a good idea to check with TD Ameritrade for the most accurate and up-to-date information.
  556

  139