Is day trading crypto included in Robinhood's trading activity

Day trading crypto has become a popular activity among investors and traders looking to make quick profits. With the rise of platforms like Robinhood, which offers commission-free trading, many individuals are wondering if day trading crypto is included in Robinhood's trading activity. In this article, we will explore the details of day trading crypto on Robinhood and discuss its implications for investors.

Understanding Robinhood

Robinhood is a popular online brokerage platform that allows users to trade a variety of financial assets, including stocks, options, and cryptocurrencies. The platform gained popularity due to its user-friendly interface and commission-free trading model. This has attracted a large number of retail investors who are looking to participate in the financial markets without incurring additional costs.

The Rise of Day Trading Crypto

Day trading crypto involves the buying and selling of cryptocurrencies within a single trading day, with the goal of making profits from short-term price movements. This trading strategy has gained traction in recent years, particularly with the volatility of the cryptocurrency market. Traders engage in day trading crypto to take advantage of price fluctuations and generate profits on a daily basis.

Is Day Trading Crypto Included in Robinhood's Trading Activity?

Yes, day trading crypto is included in Robinhood's trading activity. The platform allows users to buy, sell, and hold a variety of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Users can execute trades instantly and track their portfolio performance in real-time. However, it's important for traders to understand the risks associated with day trading crypto on Robinhood.

Risks of Day Trading Crypto on Robinhood

Day trading crypto on Robinhood comes with certain risks that traders should be aware of. Firstly, the cryptocurrency market is highly volatile, and prices can fluctuate significantly within a short period. This volatility can result in substantial gains or losses for day traders. Secondly, Robinhood's crypto trading is limited to a few major cryptocurrencies, which may restrict the trading opportunities for some traders. Additionally, Robinhood's trading hours are limited, and users cannot trade cryptocurrencies 24/7.

Strategies for Day Trading Crypto on Robinhood

To be successful in day trading crypto on Robinhood, traders should employ effective strategies to maximize their profits and minimize their risks. Some popular strategies include:

Dollar-Cost Averaging: Traders can invest a fixed amount of money regularly in cryptocurrencies, regardless of the current price. This strategy helps to mitigate the effects of market volatility.

Technical Analysis: Traders can use technical indicators and price charts to identify patterns and trends in the cryptocurrency market. This can help them make informed trading decisions and improve their chances of success.

Stop-Loss Orders: Traders can set stop-loss orders to automatically sell their cryptocurrencies if the price falls below a certain level. This helps to limit potential losses.


In conclusion, day trading crypto is included in Robinhood's trading activity. The platform offers users the ability to buy, sell, and hold cryptocurrencies, allowing them to engage in day trading strategies. However, traders should be aware of the risks involved, such as market volatility and limited trading hours. By employing effective strategies and staying informed about the cryptocurrency market, traders can increase their chances of success in day trading crypto on Robinhood.


  • Can I day trade other assets on Robinhood? Yes, besides cryptocurrencies, Robinhood also allows users to day trade stocks and options.

  • Are there any fees for day trading crypto on Robinhood? While Robinhood offers commission-free trading, there may be other fees associated with day trading crypto, such as spreads and exchange fees. Traders should review Robinhood's fee schedule for more information.

  • Is day trading crypto on Robinhood suitable for beginners? Day trading crypto can be highly risky and may not be suitable for beginners. It requires a deep understanding of the cryptocurrency market and trading strategies. Beginners should consider starting with small investments and gradually increasing their trading activity as they gain experience and knowledge.

  • What other platforms offer day trading crypto? Besides Robinhood, there are several other platforms that offer day trading of cryptocurrencies, such as Coinbase, Binance, and Kraken. Traders should research and compare different platforms to find the one that best suits their trading needs and preferences.

11 October 2023
Written by John Roche