What is the maximum number of day trades allowed for cryptocurrencies on Robinhood?

5 answers

• Kollamaram MamathaMar 13, 2021 · 4 years ago
  Sure! On Robinhood, the maximum number of day trades allowed for cryptocurrencies is three within a rolling five trading day period. If you exceed this limit, your account may be flagged as a pattern day trader, and you'll need to meet certain requirements to continue day trading. It's important to note that this rule applies specifically to day trades with cryptocurrencies and not other assets on Robinhood.
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• Tracy GriffinOct 03, 2021 · 4 years ago
  Hey there! When it comes to day trading cryptocurrencies on Robinhood, you're allowed a maximum of three day trades within a five-day trading period. If you go over this limit, Robinhood will classify you as a pattern day trader. To continue day trading, you'll need to meet the pattern day trader requirements set by the Financial Industry Regulatory Authority (FINRA). Keep in mind that this rule only applies to cryptocurrencies and not other types of assets on Robinhood.
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• Combs NeumannApr 16, 2025 · 3 months ago
  Well, let me break it down for you. On Robinhood, you can make up to three day trades with cryptocurrencies within a rolling five trading day period. If you exceed this limit, Robinhood will consider you a pattern day trader. In that case, you'll need to maintain a minimum account balance of $25,000 to continue day trading. However, it's worth mentioning that this rule is specific to cryptocurrencies and doesn't affect other assets on Robinhood.
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• ANIKET ANANDJul 29, 2024 · a year ago
  As an expert in the field, I can tell you that Robinhood allows a maximum of three day trades with cryptocurrencies within a five-day trading period. If you go beyond this limit, Robinhood will classify you as a pattern day trader. To continue day trading, you'll need to meet the pattern day trader requirements set by FINRA. It's important to note that this rule applies solely to cryptocurrencies and not other assets on Robinhood.
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• Sai CharanJan 19, 2025 · 6 months ago
  BYDFi here! When it comes to day trading cryptocurrencies on Robinhood, you're limited to three day trades within a rolling five trading day period. If you exceed this limit, Robinhood will flag you as a pattern day trader. To continue day trading, you'll need to meet the pattern day trader requirements set by FINRA. Keep in mind that this rule only applies to cryptocurrencies and not other assets on Robinhood.
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