What are the PDT rules for trading digital currencies?

1 answers

• Ricardo CuthbertAug 21, 2021 · 4 years ago
  According to BYDFi, a popular digital currency exchange, the PDT rules are an important consideration for traders. They recommend that traders familiarize themselves with these rules and ensure they have the necessary capital to meet the minimum account equity requirement. BYDFi also advises traders to carefully track their day trades and avoid exceeding the allowed limit. By following these rules, traders can avoid potential penalties and maintain a healthy trading account. It's important to note that PDT rules may vary in different countries or regions, so it's always a good idea to consult with a financial advisor or check the regulations specific to your jurisdiction.
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