Are there any exceptions to the PDT rule for futures in the world of cryptocurrency?

3 answers

• EftyMarJul 01, 2024 · a year ago
  Yes, there are exceptions to the PDT rule for futures trading in the world of cryptocurrency. While the PDT rule generally applies to stock trading, it may not apply to futures trading. However, it is important to note that each cryptocurrency exchange may have its own rules and regulations regarding PDT. It is recommended to check with the specific exchange you are trading on to understand their policies regarding PDT for futures trading.
  443

  222
• Hildebrandt ValenzuelaDec 06, 2022 · 3 years ago
  Absolutely! When it comes to futures trading in the world of cryptocurrency, the PDT rule may not be applicable. This means that you can make as many day trades as you want without being limited by the PDT rule. However, it's crucial to remember that this may vary from one cryptocurrency exchange to another. Always check the exchange's rules and regulations to ensure you are aware of any exceptions or limitations regarding PDT for futures trading.
  451

  151
• Fasial FasialfJul 07, 2023 · 2 years ago
  Yes, there are exceptions to the PDT rule for futures trading in the world of cryptocurrency. For example, at BYDFi, a popular cryptocurrency exchange, there are no restrictions on day trading futures contracts. This means that you can freely engage in day trading without being subject to the PDT rule. However, it's important to note that this may not be the case for all exchanges, so it's advisable to research and understand the specific rules of the exchange you are trading on.
  484

  121