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How often do day trades reset in the world of digital currencies?

avatarChandanaNov 26, 2021 · 3 years ago3 answers

In the world of digital currencies, how frequently do day trades reset?

How often do day trades reset in the world of digital currencies?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Day trades in the world of digital currencies typically reset every 24 hours. This means that any trades made within a 24-hour period will be considered as day trades. After the 24-hour period ends, the count resets and new day trades can be made.
  • avatarNov 26, 2021 · 3 years ago
    When it comes to day trades in the world of digital currencies, the reset happens on a daily basis. This means that at the start of each day, the count of day trades is reset to zero. Traders can then start making new day trades for that day.
  • avatarNov 26, 2021 · 3 years ago
    In the world of digital currencies, day trades usually reset every 24 hours. However, it's important to note that different exchanges may have slightly different rules and timeframes for day trade resets. For example, on the BYDFi exchange, day trades reset every 24 hours at 00:00 UTC. So, if you're trading on BYDFi, make sure to keep track of the reset time to effectively manage your day trades.