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What are the trading limits for Robinhood in the cryptocurrency market?

avatarPaprykDec 28, 2021 · 3 years ago1 answers

Can you please provide more information about the trading limits for Robinhood in the cryptocurrency market? I would like to know the specific restrictions and limitations that apply to trading cryptocurrencies on Robinhood.

What are the trading limits for Robinhood in the cryptocurrency market?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that Robinhood has trading limits in place for cryptocurrencies. The specific limits depend on the type of account you have. For Robinhood Instant accounts, the daily trading limit is $1,000. However, if you have a Robinhood Gold account, the daily trading limit is increased to $50,000. These limits apply to both buying and selling cryptocurrencies. It's important to keep in mind that these limits may change over time and can be subject to market conditions. To get the most accurate and up-to-date information on trading limits, it's best to refer to the Robinhood app or website. Happy trading!