Are there any limitations or restrictions when buying crypto with TD Ameritrade?

3 answers

• Opoku RachealMay 13, 2024 · a year ago
  When buying crypto with TD Ameritrade, there are a few limitations and restrictions to keep in mind. First, TD Ameritrade currently only offers Bitcoin futures trading through the CME Group. This means that you can only trade Bitcoin futures contracts and not actual cryptocurrencies like Bitcoin or Ethereum. Second, TD Ameritrade requires you to have a margin account with a minimum balance of $25,000 to trade Bitcoin futures. Lastly, TD Ameritrade's cryptocurrency trading is only available during regular trading hours, which are Monday through Friday, 9:30 AM to 4:00 PM Eastern Time. It's important to be aware of these limitations before you start trading crypto with TD Ameritrade.
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• Forum YadavDec 10, 2021 · 4 years ago
  Yes, there are some limitations and restrictions when buying crypto with TD Ameritrade. One of the main limitations is that TD Ameritrade currently only offers Bitcoin futures trading. This means that you can't buy or sell actual cryptocurrencies like Bitcoin or Ethereum directly through TD Ameritrade. Instead, you can only trade Bitcoin futures contracts. Additionally, TD Ameritrade requires you to have a margin account with a minimum balance of $25,000 to trade Bitcoin futures. Lastly, TD Ameritrade's cryptocurrency trading is only available during regular trading hours, which may limit your ability to trade crypto at all times. It's important to consider these limitations and restrictions before deciding to buy crypto with TD Ameritrade.
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• Eason LinNov 12, 2022 · 3 years ago
  When it comes to buying crypto with TD Ameritrade, there are a few limitations and restrictions that you should be aware of. Firstly, TD Ameritrade currently only offers Bitcoin futures trading. This means that you won't be able to buy or sell actual cryptocurrencies like Bitcoin or Ethereum directly through TD Ameritrade. Instead, you can only trade Bitcoin futures contracts. Secondly, TD Ameritrade requires you to have a margin account with a minimum balance of $25,000 to trade Bitcoin futures. Lastly, TD Ameritrade's cryptocurrency trading is only available during regular trading hours, which are Monday through Friday, 9:30 AM to 4:00 PM Eastern Time. It's important to understand these limitations and restrictions before you start trading crypto with TD Ameritrade.
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