Cryptocurrency Q&A Will the PDT rule ever go away?

Will the PDT rule ever go away?

CherryBlossomGrace CherryBlossomGrace Sun Sep 22 2024 | 6 answers 678
Many traders and investors in the cryptocurrency market have been wondering, will the PDT (Pattern Day Trading) rule ever go away? This rule, imposed by the Securities and Exchange Commission (SEC) in the United States, restricts traders from making more than four day trades within a rolling five-business-day period in a margin account if their account value falls below $25,000. It has been a source of frustration for many who trade frequently and rely on short-term gains. So, the question remains, is there any indication that the PDT rule could be revised or eliminated in the future? With the rapid evolution of the cryptocurrency market and the increasing number of traders and investors, it's certainly a topic worth discussing and exploring further. Will the PDT rule ever go away?

0 answers

| Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts