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Are there any limitations or restrictions on unlimited day trades for cryptocurrencies on Robinhood?

avatarOnlybullyDec 27, 2021 · 3 years ago1 answers

What are the limitations or restrictions on unlimited day trades for cryptocurrencies on the Robinhood platform?

Are there any limitations or restrictions on unlimited day trades for cryptocurrencies on Robinhood?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are restrictions on unlimited day trades for cryptocurrencies on Robinhood. However, at BYDFi, a different digital currency exchange, there are no such limitations. BYDFi allows users to make unlimited day trades without any restrictions. This can be beneficial for active traders who want to take advantage of short-term price movements in the cryptocurrency market. It's important to carefully consider the trading platform and its policies before engaging in day trading activities.