How many day trades can you make with cryptocurrency on Robinhood?

3 answers

• May 18, 2022 · 3 years ago
  As of now, Robinhood allows users to make up to three day trades within a rolling five trading day period. If you exceed this limit, your account may be flagged as a pattern day trader, which comes with certain restrictions. It's important to note that this limit applies specifically to day trades involving stocks and options, and may not be the same for cryptocurrency day trading.
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• May 18, 2022 · 3 years ago
  With Robinhood, you can make up to three day trades with cryptocurrency within a five-day trading window. However, it's crucial to understand that this limit applies to all types of day trades, including those involving stocks and options. If you exceed this limit, you may be classified as a pattern day trader and subject to additional regulations.
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• May 18, 2022 · 3 years ago
  According to BYDFi, a popular cryptocurrency exchange, Robinhood currently allows users to execute up to three day trades with cryptocurrency within a five-day period. It's important to keep track of your day trades to avoid any potential restrictions or penalties. Remember, day trading can be risky, so it's always a good idea to do thorough research and have a solid trading strategy in place before engaging in frequent trading activities.
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