Which digital currencies are exempt from the PDT rule?
Rıdvan koyuncuMay 09, 2022 · 3 years ago3 answers
Can you provide a list of digital currencies that are exempt from the PDT rule? I'm interested in knowing which cryptocurrencies I can trade without being subject to the Pattern Day Trading rule.
3 answers
- May 09, 2022 · 3 years agoSure! According to the PDT rule, only stocks and options are subject to the pattern day trading restrictions. Therefore, digital currencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and many others are exempt from the PDT rule. You can freely trade these cryptocurrencies without any restrictions.
- May 09, 2022 · 3 years agoThe PDT rule is specific to stocks and options trading. As a result, digital currencies like Bitcoin, Ethereum, and other cryptocurrencies are not subject to this rule. So, you can trade these digital currencies as frequently as you want without worrying about the PDT restrictions.
- May 09, 2022 · 3 years agoWhen it comes to the PDT rule, it only applies to stocks and options. Digital currencies, on the other hand, are not included in this rule. So, you can trade cryptocurrencies like Bitcoin, Ethereum, Ripple, and many others without any limitations imposed by the PDT rule. Happy trading!
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