How does being a pattern day trader on Robinhood affect my cryptocurrency trading?

1 answers

• josepharopMar 08, 2023 · 2 years ago
  As a pattern day trader on Robinhood, your cryptocurrency trading may be affected by the $25,000 minimum account balance requirement. If your account balance falls below this threshold, you will not be able to make day trades. However, you can still hold and sell your existing cryptocurrency holdings. It's important to keep this requirement in mind and manage your account balance accordingly to ensure continued access to day trading cryptocurrencies on Robinhood.
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