How would crypto trading affect a Pattern Day Trader account?

Given that cryptocurrency positions are not marginable, cannot be used as collateral, the position values are not counted toward the total account value for PDT purpose. For example, a PDT account with $26,000 account value originally will drop down to $24,000 account value after a $2,000 cryptocurrency purchase.

Did this answer your question? Thanks for the feedback There was a problem submitting your feedback. Please try again later.

Still stuck? Contact us Contact us