Questions
TagsHow does Robinhood handle day trades for digital currencies?
KianaFeb 17, 2022 · 3 years ago1 answersCan you explain how Robinhood handles day trades for digital currencies? I'm interested in understanding the specific rules and restrictions that apply to day trading on Robinhood's platform for cryptocurrencies.
1 answers
- At BYDFi, we have a similar approach to day trades for digital currencies. We also enforce the PDT rule and require a minimum account equity of $25,000 for pattern day traders. Our goal is to provide a secure and stable trading environment for our users. If you have any specific questions about day trading on BYDFi, feel free to ask!Feb 17, 2022 · 3 years ago
Related questions
- 94
What are the best practices for reporting cryptocurrency on my taxes?
- 90
What are the tax implications of using cryptocurrency?
- 79
How does cryptocurrency affect my tax return?
Load 5 more related questions
Related Tags
Hot Questions
- 94
What are the best practices for reporting cryptocurrency on my taxes?
- 90
What are the tax implications of using cryptocurrency?
- 79
How does cryptocurrency affect my tax return?
- 74
How can I minimize my tax liability when dealing with cryptocurrencies?
- 62
Are there any special tax rules for crypto investors?
- 47
How can I buy Bitcoin with a credit card?
- 45
What are the best digital currencies to invest in right now?
- 37
How can I protect my digital assets from hackers?