Are there any exceptions to the PDT rule for cash accounts in the digital currency space?

3 answers

• Dec 19, 2021 · 3 years ago
  Yes, there are exceptions to the PDT rule for cash accounts in the digital currency space. Some exchanges may offer margin accounts which allow traders to bypass the PDT rule. However, it's important to note that margin trading carries additional risks and requirements. Traders should carefully consider the terms and conditions of margin accounts before engaging in day trading activities.
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• Dec 19, 2021 · 3 years ago
  Unfortunately, there are no exceptions to the PDT rule for cash accounts in the digital currency space. This rule applies to all traders, regardless of the platform or exchange they use. It is designed to protect investors and maintain market stability. Traders with cash accounts should be aware of the PDT rule and plan their trading activities accordingly to avoid any potential violations.
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• Dec 19, 2021 · 3 years ago
  BYDFi, a digital currency exchange, offers a unique solution for traders looking to bypass the PDT rule. They have introduced a special program called 'PDT Exception' which allows cash account holders to make unlimited day trades without being subject to the PDT restrictions. This program has gained popularity among active traders in the digital currency space as it provides them with more flexibility and opportunities to take advantage of short-term market movements.
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