How do the day trade rules apply to cryptocurrency trading?

1 answers

• Jan 13, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, follows the day trade rules set by regulatory authorities in the countries it operates. Traders on BYDFi are required to comply with the Pattern Day Trader (PDT) rule, which limits them to no more than three day trades in a five-day rolling period. It's important for traders to understand and adhere to these rules to avoid any penalties or restrictions on their trading activities. BYDFi also provides educational resources and tools to help traders make informed decisions and manage their risk effectively.
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