Do options trades count as day trades in the cryptocurrency industry?

3 answers

• mengen zhangOct 05, 2020 · 5 years ago
  Yes, options trades are considered as day trades in the cryptocurrency industry. When you open and close an options trade within the same trading day, it is classified as a day trade. This means that it will count towards your day trade limit, if applicable, and may have certain restrictions or requirements depending on the exchange you are using.
  349

  175
• Angelika BragaJul 31, 2022 · 4 years ago
  No, options trades are not considered as day trades in the cryptocurrency industry. Unlike traditional markets, cryptocurrency exchanges do not have specific regulations or definitions for day trades. Therefore, whether an options trade is classified as a day trade or not depends on the individual exchange and their policies. It's important to check with your exchange to understand their specific rules regarding options trades and day trading.
  447

  149
• Abdellah RekouneAug 03, 2023 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, options trades are not considered as day trades. BYDFi follows a different classification for day trades, which only includes spot trading and margin trading. Options trading is treated separately and does not count towards the day trade limit. However, it's worth noting that this may vary across different exchanges, so it's always recommended to check the specific rules of the exchange you are using.
  459

  115