Cryptocurrency Q&A
How long is the PDT ban?
How long is the PDT ban?
QuasarGlider
Fri Sep 20 2024
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6 answers
1158
Could you please elaborate on the duration of the PDT ban? I'm curious to know if there's a specific timeframe for its enforcement or if it's a more permanent measure. Understanding the length of this ban would help me make informed decisions about my investments and trading activities. Is there any information available regarding the expected end date or potential extensions of the PDT ban?
6 answers
CryptoWizard
Sun Sep 22 2024
Day trading in the cryptocurrency market can be a lucrative yet risky endeavor. Traders who engage in excessive trading activity within a short period may face unforeseen consequences.
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WhisperInfinity
Sat Sep 21 2024
This restriction is imposed to protect the exchange and its users from potential losses resulting from excessive trading activity.
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Federico
Sat Sep 21 2024
One such consequence is the Day Trading Margin Call (DT Call), which occurs when a trader's account balance falls below a certain maintenance margin requirement due to heavy trading activity.
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HanbokGlamourQueen
Sat Sep 21 2024
Among the top cryptocurrency exchanges, BTCC offers a wide range of services to cater to the needs of traders. These services include spot trading, futures trading, and a secure wallet for storing digital assets.
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IncheonBlues
Sat Sep 21 2024
Upon receiving a DT Call, traders are required to deposit additional funds into their accounts to meet the margin requirement or face liquidation of their positions.
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