The short answer is: very easy. Unlike the stock market, you do not need a $25,000 portfolio to make more than 5 intraday trades per week. Because the crypto market never closes, youre able to trade at any time or day of the week.
Is there a day trading limit on crypto?
A day-trade is considered to occur when you buy and sell the same security (e.g. stocks, ETFs) on the same market day. The Pattern Day Trader rule, as defined by FINRA, does not apply to crypto trades as there are no limitations on day-trading cryptocurrencies.
Can you day trade bitcoin on Robinhood without 25k?
This means you wont be able to place any day trades for 90 days unless you bring your portfolio value (minus any cryptocurrency positions) above $25,000.
How much money do you need to trade cryptocurrency?
There is a minimum amount which can be traded on each exchange, and it depends on the cryptocurrency exchange and the pair, an 11-dollar equivalent is usually enough for any pair.
Why does Robinhood say not enough buying power?
There are a few reasons why you may not be able to place a buy order: You dont have enough buying power to place the trade. Cryptocurrencies are non-marginable and cant count as collateral, so youll need to have enough cash in your account to place the order.