Are there any exemptions or waivers for the pattern day trader rule when trading cryptocurrencies on Robinhood?

3 answers

• Arvind Pratap SinghApr 19, 2021 · 4 years ago
  Unfortunately, there are no exemptions or waivers for the pattern day trader rule when trading cryptocurrencies on Robinhood. This rule applies to all traders, regardless of the platform they use. It is important to understand and abide by this rule to avoid any penalties or restrictions on your trading activities.
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• Nima AbApr 20, 2021 · 4 years ago
  As of now, there are no known exemptions or waivers for the pattern day trader rule specifically for trading cryptocurrencies on Robinhood. This rule is in place to protect traders and ensure fair and orderly markets. It is advisable to familiarize yourself with the rule and plan your trading activities accordingly.
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• José Luis Ramirez OrtizJan 17, 2024 · 2 years ago
  According to BYDFi, a digital currency exchange, there are no exemptions or waivers for the pattern day trader rule when trading cryptocurrencies on Robinhood. This rule is enforced by regulatory authorities and applies to all traders. It is important to comply with this rule to avoid any potential penalties or restrictions on your trading account.
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