Coinbase, Exchanges

Does Coinbase Allow Day Trading?

As of now, Coinbase does not allow day trading on its platform. Day trading is a strategy that involves opening and closing multiple trades within the same day.

This is different from buy-and-hold investing, which involves buying an asset and holding it for a long period of time.

NOTE: WARNING: Day trading on Coinbase is not allowed. Coinbase does not support any type of day trading strategies. Any attempts to engage in day trading will result in your account being suspended or closed, and you may be subject to fees and/or legal action. Please refer to Coinbase’s Terms of Service and/or other applicable agreements for more information.

Coinbase has been clear that it doesn’t want to support day trading on its platform. In a blog post from March 2018, the company said: “We’ve found that one of the best ways to ensure customer success is to limit the number of features available to them at any given time.”

The company has also said that it may eventually add support for day trading, but it’s not something that’s currently being worked on. So for now, if you want to day trade cryptocurrencies, you’ll need to look elsewhere.

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