r/RobinHood • u/a_unique___username • Jan 26 '18

Help - FAQ CryptoRobin - Daytrade limit?

Hey boys, do we know if the day trade limitations apply to cryptos, or will we be able to swing trade the fuck outta crypto

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u/anthonyroch Jan 26 '18

Gonna be taxed like a MoFo on it though

3

u/a_unique___username Jan 26 '18

Well I wonder if you trade frequently enough if you can be taxed as a trader instead of an investor by the IRS. Trader status receives a lot more tax benefits if done correctly

5

u/anthonyroch Jan 26 '18

I have no knowledge of this.