Can I increase my leverage on TD Ameritrade for trading digital assets?
MamushDec 25, 2021 · 3 years ago3 answers
I'm interested in trading digital assets on TD Ameritrade, and I'm wondering if there is a way to increase my leverage for trading. Is it possible to have higher leverage on TD Ameritrade for trading digital assets?
3 answers
- Dec 25, 2021 · 3 years agoUnfortunately, TD Ameritrade does not currently offer leverage for trading digital assets. The leverage options available on TD Ameritrade are limited to traditional securities such as stocks and options. If you are specifically looking for leverage in trading digital assets, you may need to consider other cryptocurrency exchanges that offer this feature.
- Dec 25, 2021 · 3 years agoNo, TD Ameritrade does not provide leverage for trading digital assets. The leverage feature is only available for traditional securities. If you want to trade digital assets with leverage, you will need to use a different cryptocurrency exchange that offers this option.
- Dec 25, 2021 · 3 years agoYes, you can increase your leverage for trading digital assets on TD Ameritrade by using the BYDFi platform. BYDFi is a digital asset exchange that allows you to trade with leverage. It offers a wide range of leverage options for different digital assets, giving you more flexibility in your trading strategies. However, please note that BYDFi is a separate platform from TD Ameritrade, so you will need to create a separate account and go through their verification process to start trading on BYDFi.
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