How many day trades can I make on Robinhood with cryptocurrency?
Gabriel MontesDec 26, 2021 · 3 years ago3 answers
I'm interested in day trading cryptocurrency on Robinhood, but I'm not sure how many day trades I can make. Can you please provide some information on the number of day trades allowed on Robinhood for cryptocurrency?
3 answers
- Dec 26, 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 are considered a pattern day trader and there are no limitations on the number of day trades you can make.
- Dec 26, 2021 · 3 years agoHey there! When it comes to day trading cryptocurrency on Robinhood, there are some limitations. If your account balance is less than $25,000, you can make up to 3 day trades within a 5-day period. However, if your account balance exceeds $25,000, you won't face any restrictions on the number of day trades you can make. So, keep an eye on your balance and trade wisely!
- Dec 26, 2021 · 3 years agoAccording to my research, 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. However, please note that this information may change over time, so it's always a good idea to check Robinhood's official documentation or contact their customer support for the most up-to-date information.
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