Do any brokerage rules apply to trading cryptocurrency?
Asking because I'm familiar with some of the rules of brokerage trading in cash accounts, and I want to know if they overlap with cryptocurrency.
Here are examples of the types of rules / violations I'm talking about:
- Cash liquidation violation
- Good faith violation
- Free riding violation
Some other rules I'm thinking of:
- T+3 (now T+2 for stocks) rule
If none of these rules apply, are there any other rules I should be aware of if I plan to day trade cryptocurrencies? Any resources or recommended reading would be appreciated. I have searched so far, but have found very little information (hence the question). Thanks.
[link] [comments]
Read More