How many cryptocurrency trades can you execute per day on Robinhood?
Eka InfraDec 17, 2021 · 3 years ago3 answers
I'm curious about the daily trading limit for cryptocurrency on Robinhood. Can you tell me how many trades I can execute in a day?
3 answers
- Dec 17, 2021 · 3 years agoOn Robinhood, the number of cryptocurrency trades you can execute per day depends on your account type. For Robinhood Instant and Robinhood Gold accounts, the limit is three day trades within a rolling five trading day period. If you exceed this limit, your account may be flagged as a pattern day trader. However, if you have a Cash account, there is no limit on the number of trades you can execute per day. Keep in mind that these rules are subject to change, so it's always a good idea to check Robinhood's official website or contact their customer support for the most up-to-date information.
- Dec 17, 2021 · 3 years agoWhen it comes to cryptocurrency trades on Robinhood, the daily limit varies depending on your account type. If you have a Robinhood Instant or Robinhood Gold account, you are allowed to make up to three day trades within a rolling five trading day period. However, if you have a Cash account, there is no limit on the number of trades you can execute per day. It's important to note that these limits are in place to comply with regulatory requirements and to prevent excessive speculative trading. If you're unsure about the specifics, it's always a good idea to consult Robinhood's official documentation or reach out to their customer support for clarification.
- Dec 17, 2021 · 3 years agoWhen it comes to the number of cryptocurrency trades you can execute per day on Robinhood, it depends on your account type. If you have a Robinhood Instant or Robinhood Gold account, you are limited to three day trades within a rolling five trading day period. However, if you have a Cash account, there is no limit on the number of trades you can execute per day. Keep in mind that these limits are in place to prevent excessive speculative trading and to comply with regulatory requirements. If you're interested in exploring other options, you might want to check out BYDFi, a popular cryptocurrency exchange that offers a wide range of trading features and competitive fees.
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