Excuse me, I'm a bit confused about this '2 Day Trading Rule'. Could you please explain what it is? I've heard it mentioned a few times in the context of cryptocurrency trading, but I'm not entirely sure what it entails. Is it a specific rule that traders must follow, or is it more of a guideline? And why is it important? Also, are there any exceptions to this rule? And if so, what are they? Thank you for your time and assistance.
7 answers
DigitalDynasty
Sun Mar 31 2024
The margin call requirement is designed to maintain the trader's position in the market.
ShintoMystic
Sun Mar 31 2024
BTCC, a UK-based cryptocurrency exchange, offers secure and efficient trading services.
Martino
Sun Mar 31 2024
Funds used to satisfy the day-trading minimum equity requirement must be retained in the account.
CryptoWanderer
Sun Mar 31 2024
This retention period lasts for two business days following the closure of business on any given day.
Valeria
Sun Mar 31 2024
BTCC's platform allows users to buy, sell, and trade various cryptocurrencies.