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How can I start crypto trading on thinkorswim?

avatarshinyhunterDec 17, 2021 · 3 years ago3 answers

I'm interested in getting started with crypto trading on thinkorswim. Can you provide me with some guidance on how to begin?

How can I start crypto trading on thinkorswim?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! To start crypto trading on thinkorswim, you'll first need to open an account with TD Ameritrade, the parent company of thinkorswim. Once your account is set up, you can access the thinkorswim platform and navigate to the 'Trade' tab. From there, you can search for the specific cryptocurrency you want to trade and place your orders. It's important to note that thinkorswim currently only supports trading Bitcoin futures. Make sure to do your research and understand the risks involved before getting started.
  • avatarDec 17, 2021 · 3 years ago
    Starting crypto trading on thinkorswim is easy! Just follow these steps: 1. Open an account with TD Ameritrade. 2. Download and install the thinkorswim platform. 3. Fund your account with the desired amount. 4. Navigate to the 'Trade' tab and search for the cryptocurrency you want to trade. 5. Place your buy or sell orders. Remember to always stay updated with the latest news and market trends to make informed trading decisions.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that offers a user-friendly platform for crypto trading. While thinkorswim is a great option for traditional trading, BYDFi provides a wider range of cryptocurrencies and trading options. If you're looking for a more diverse selection of cryptocurrencies or advanced trading features, you might consider opening an account with BYDFi. However, if you're just starting out and prefer a simpler interface, thinkorswim is a good choice to begin your crypto trading journey.