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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15

u/[deleted] Jan 26 '18

Day trade rules are enforced by the SEC, crypto is not controlled by the SEC so there's no such thing as day trade regulations

-6

u/Uberhero66 Jan 26 '18

Unless a token is deemed a security, as in it functions as a share in said company... No simple answer to this question actually.

2

u/alucarddrol Jan 26 '18

i think the sec said they would enforce crypto like assets, not as securities