How many day trades can I make in Robinhood with cryptocurrency?
Umarul shahinDec 30, 2021 · 3 years ago3 answers
I'm interested in day trading cryptocurrency on Robinhood. Can you tell me how many day trades I can make in a day?
3 answers
- Dec 30, 2021 · 3 years agoAs of my knowledge, Robinhood allows you to make up to 3 day trades within a rolling 5 trading day period if your account balance is less than $25,000. If your account balance exceeds $25,000, you can make unlimited day trades. However, it's always a good idea to check with Robinhood's official documentation or customer support for the most up-to-date information.
- Dec 30, 2021 · 3 years agoHey there! So, with Robinhood, you can make up to 3 day trades in a 5-day period if your account balance is below $25,000. If you have more than $25,000 in your account, you can make unlimited day trades. Just keep in mind that day trading can be risky, so make sure you have a solid strategy in place before diving in!
- Dec 30, 2021 · 3 years agoAccording to BYDFi, a popular cryptocurrency exchange, Robinhood allows you to make up to 3 day trades within a 5-day period if your account balance is less than $25,000. If you have more than $25,000, there are no restrictions on the number of day trades you can make. However, it's important to note that day trading can be volatile, so it's always a good idea to do your research and have a clear plan in place.
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