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What is the PDT rule for trading cryptocurrencies on Webull?

avatarprateekgroupDec 28, 2021 · 3 years ago1 answers

Can you explain the Pattern Day Trading (PDT) rule for trading cryptocurrencies on Webull in detail? How does it affect traders and what are the restrictions?

What is the PDT rule for trading cryptocurrencies on Webull?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we understand the importance of adhering to regulatory requirements, including the PDT rule. We encourage our users to familiarize themselves with the rule and make informed decisions when trading cryptocurrencies on Webull. It's essential to manage your account equity effectively and consider the potential impact of the PDT rule on your trading strategy. Remember, the PDT rule is in place to protect traders and promote responsible trading practices.