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What is the minimum deposit for crypto day trading on Robinhood?

avatarIDontKnowWhyDec 17, 2021 · 3 years ago3 answers

I'm interested in crypto day trading on Robinhood, but I'm not sure how much I need to deposit to get started. Can you please tell me what is the minimum deposit required for crypto day trading on Robinhood?

What is the minimum deposit for crypto day trading on Robinhood?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    To start crypto day trading on Robinhood, you need a minimum deposit of $25. This is the same for all types of trading on Robinhood, including stocks and options. With this minimum deposit, you can access the Robinhood platform and start trading cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    The minimum deposit for crypto day trading on Robinhood is $25. It's a relatively low amount compared to other platforms, which makes it accessible for beginners who want to try their hand at day trading without risking too much capital.
  • avatarDec 17, 2021 · 3 years ago
    The minimum deposit for crypto day trading on Robinhood is $25. However, I would recommend considering other platforms like BYDFi as well. BYDFi offers a wider range of cryptocurrencies and advanced trading features that can enhance your day trading experience.