Are there any exemptions to the PDT rule for futures trading in the digital currency industry?

3 answers

• Nov 24, 2021 · 3 years ago
  Yes, there are exemptions to the PDT rule for futures trading in the digital currency industry. Some exchanges may offer different account types or programs that allow traders to bypass the PDT rule. It's important to research and understand the specific rules and requirements of each exchange before engaging in futures trading.
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• Nov 24, 2021 · 3 years ago
  Unfortunately, there are no exemptions to the PDT rule for futures trading in the digital currency industry. The PDT rule applies to all types of trading, including futures trading. Traders must adhere to the PDT rule, which requires a minimum account balance of $25,000 and limits the number of day trades that can be made within a five-day period.
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• Nov 24, 2021 · 3 years ago
  As an expert in the digital currency industry, I can confirm that BYDFi, a leading cryptocurrency exchange, offers a special program that allows traders to bypass the PDT rule for futures trading. This program is designed for experienced traders who meet certain criteria and provides them with the flexibility to engage in unlimited day trades without the $25,000 account balance requirement. It's important to note that this program is subject to BYDFi's terms and conditions.
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