Search Inside Bitcoins

10+ Best Cryptocurrencies to Day Trade

Today trading crypto is fast becoming more popular than trading stocks - the higher market volatility attracts retail investors looking for faster, higher gains each month, week or within the space of a day (known as day trading).
Day Trading Crypto
Day Trading Crypto

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

In this article, we will look deeper into the crypto day-trading tactic, where everyone forgets all about stablecoins, earning yield, or a buy and “hold” strategy – or, in crypto terms, “HODLing”. Day trading is all about observing the market’s volatile state non-stop and acting upon its movements to generate a profit.

Day trading crypto assets might be the riskiest way to invest in crypto (remember to set a stop loss on each trade to manage risk). Still, it’s also the fastest way to make money with cryptocurrency – once you have enough experience.

Best Day Trading Crypto Coins – Top List

  1. Pepe Unchained – Trending Presale Project With a Pepe-Themed Concept
  2. Flockerz – Day Trading Meme Coin with a DAO
  3. FreeDum Fighters – Leading Presale Likely to Face Massive Volatility
  4. Best Wallet Token – Utility Token In Presale Stage With a Massive Following
  5. Crypto All-Stars – Trending Meme Coin Featuring 8-Bit Animations of Meme Coin Mascots
  6. Shiba Shootout – Presale Memecoin Ideal For Day Trading Post Launch
  7. Myro – Best Memecoin to Day-Trade in 2024
  8. Pyth Network – Best Utility Token to Day Trade in 2024
  9. Immutable X – Low Cap Gem with the highest 24h trading volume
  10. Flux – Promising token with low cap, high volumes, and good chart projection
  11. Verasity – Promising low-cap coin released by ambitious blockchain company
  12. Metahero – An interesting token backed by an advanced metaverse company
  13. OpenDAO – Backed by a community centered around improving blockchain for both creators and collectors
  14. StormX – Unique crypto project that gives airdrops when you shop online

Best Cryptos to Day Trade – Full Reviews

Pepe Unchained – Trending Presale Project With a Pepe-Themed Concept

Pepe Unchained may be a great opportunity for both investors and day traders alike, especially considering its current presale phase. With over $400k already raised, Pepe Unchained has demonstrated strong initial investor interest, setting a positive foundation for potential growth.

The project’s storyline revolves around Pepe’s liberation from the constraints of its original Layer 1 blockchain to embrace a more efficient Layer 2 solution. This narrative not only adds a creative twist but also highlights Pepe Unchained’s focus on improving transaction speeds and reducing costs, attributes that can attract both long-term holders and day traders seeking quick gains.

Pepe Unchained

Once launched, Pepe Unchained could prove to be an attractive option for day trading. Memecoins, especially those themed after popular tokens like Pepe, often experience significant price volatility. This volatility creates ample opportunities for day traders to capitalize on price fluctuations and generate profits through short-term trading strategies.

For investors looking to hold their tokens longer-term, Pepe Unchained offers staking opportunities with competitive APY rates. Staking PEPU tokens allows investors to earn passive income while supporting the project’s ecosystem. This dual appeal—day trading potential and staking rewards—makes Pepe Unchained a versatile investment choice catering to different investment preferences.

Is is important to note that as a memecoin inspired by Pepe, which has witnessed notable volatility in recent times, Pepe Unchained is likely to exhibit similar market dynamics. This volatility can work in favor of day traders who thrive on price fluctuations but may require careful risk management for those holding positions over longer periods.

Whether for short-term gains through day trading or passive income through staking, Pepe Unchained offers avenues for diverse investment objectives in the evolving cryptocurrency landscape.

Visit Pepe Unchained

Flockerz – Day Trading Meme Coin with a DAO

Day trading cryptos should be able to generate immense gains within a short period of time, and Flockerz, with its unique blend of perks and memes, fits the bill.

Described in its official whitepaper as the first “truly decentralized” meme coin, Flockerz gives the community complete control of the project. It has been audited, and its tokenomics are designed to benefit both early movers and day traders.

Flockerz

Flockerz is essentially a utility token that stays true to its meme coin roots. The project is represented by a group of quirky hens who are actively on the market, generating gains and sharing passive earning opportunities. To achieve this, Flockerz has devised a Vote-to-Earn mechanic that revolves around the platform’s decentralized autonomous organization (DAO).

Voting in the Flockerz DAO will decide how the project evolves, which use cases should be introduced, whether more staking perks are needed, and what marketing strategies should be implemented. Voting on these key points not only ensures that a person’s voice is heard, but also rewards them with FLOCK tokens.

A total of 25% of the token supply has been dedicated to these rewards, in addition to 20% already allocated for staking. The passive earning opportunities are plentiful with this project. However, for day traders, the flurry of memes being shared on social media gives the project enough fuel to rise rapidly on the price charts.

Visit Flockerz Presale

FreeDum Fighters – Leading Presale Likely to Face Massive Volatility

FreeDum Fighters is still in its presale stage, but it’s already attracting attention due to its theme, which is based on the highly trending and popular topic of the U.S. presidential elections. If the project continues to gain momentum as it has been, there is a strong possibility that it could see a significant surge in the following months.

For day traders, this presents a potentially lucrative opportunity, as the combination of a trending theme and a rapidly growing community can lead to massive volatility, something traders thrive on. With the upcoming elections generating global buzz, FreeDum Fighters could experience the kind of price fluctuations that are ideal for short-term trading strategies.

FreeDum Fighters

The political satire at the heart of FreeDum Fighters, featuring exaggerated caricatures like Magatron and Kamacop, adds another layer of appeal. This isn’t just another crypto project; it taps into a real-world event that is sure to stay in the spotlight for the foreseeable future. As the election season heats up, this project has the potential to ride the wave of political news cycles, making it a strong candidate for day traders looking for quick movements in the market.

In addition to its trending theme, the token also offers key utilities that could drive even more activity and price swings. One of these is the debate-driven rewards system, which keeps the community constantly engaged by allowing participants to earn DUM tokens through weekly discussions on social and political topics. This level of engagement creates regular activity, contributing to the token’s liquidity and potential price movements.

The staking mechanism also introduces an element of strategy, as investors stake tokens behind either Magatron or Kamacop, with rewards adjusting based on popularity. This dynamic could result in frequent shifts in market sentiment, further fueling volatility and creating trading opportunities for those looking to capitalize on short-term market movements.

As the project grows and the U.S. elections come closer, the token could see significant price fluctuations, offering plenty of opportunities for traders to jump in and out of positions.

Visit FreeDum Fighters

Best Wallet – Utility Token In Presale Stage With a Massive Following

Best Wallet Token currently offers traders an appealing option for a crypto asset with practical utility and substantial trading potential. Known for its integration within the Best Wallet ecosystem, BEST combines foundational value with features that support frequent trading. With a well-established community and more utility functions on the horizon, BEST’s market activity is likely to be dynamic, creating ideal conditions for day traders to leverage its price movements.

BEST Token

As the native token of Best Wallet, BEST provides benefits beyond trading alone. Holders enjoy reduced transaction fees on the platform, allowing for cost-effective trades and transfers—a critical advantage for those who trade actively. BEST also grants exclusive early access to presales via Best Wallet’s aggregator, giving users the chance to invest in new projects before they are widely available.

With the full launch of BEST approaching and its growing user base, the token is positioned to see increasing activity. This anticipated volatility presents unique opportunities for day traders to benefit from regular price fluctuations. As more users adopt BEST and engage with Best Wallet’s extensive services, demand for the token is expected to drive further movement in its value.

Built on Ethereum with a capped supply of 10 billion tokens, BEST balances accessibility with a framework that encourages both stability and growth over time. For traders seeking an asset that not only holds practical utility but also offers a good landscape for day trading, BEST provides a rare combination of functional value, community-driven potential, and strategic trading opportunities within the current market setting.

Visit Best Wallet Token

Crypto All-Stars – Trending Meme Coin Featuring 8-Bit Animations of Meme Coin Mascots

Crypto All-Stars leverages the popularity of multiple meme coins, allowing it to tap into the growth of popular trends that can change on a day-by-day basis. This makes it a good buy for those looking for day-trading opportunities.

Crypto All-Stars Presale

Furthermore, the way that Crypto All-Stars banks on other meme coins consists of two points. First, it shows imagery of multiple meme coins hanging out on its official website. And the name itself paints the project as an “all-star” crypto project where top meme coins gather.

Secondly, it has a viral utility known as staking, which will let investors generate passive gains by holding their tokens. However, this approach is unique as users can stake not just the native crypto, but also the top meme coins to earn passive rewards.

Available on presale, Crypto All-Stars has also opted for presale staking, allowing investors to stake their tokens as they invest as early movers.

A combination of these factors makes it a formidable crypto to buy for those looking for day-trading opportunities.

Visit Crypto All-Stars

Shiba Shootout – Presale Memecoin Ideal For Day Trading Post Launch

Shiba Shootout is an excellent project to invest in now with the potential for lucrative day trading opportunities in the future. Despite the current challenging market conditions, the project has successfully raised over $500k in its presale phase, indicating strong investor interest and confidence.

The unique theme of Shiba Shootout, set in the vibrant digital town of Shiba Gulch, features anthropomorphic Shiba Inus living in a Wild West setting. This creative backdrop, combined with engaging characters like Marshal Shiba and the Shiba Sharpshooters, adds a layer of excitement and appeal, making the project stand out in the crowded crypto space.

Shiba Shootout ($SHIBASHOOTOUT)

Shiba Shootout is not just about its captivating storyline; it also offers a range of practical utilities that can drive its value up. The Token Governance Roundups enable token holders to participate in critical project decisions, fostering a sense of community and decentralized governance. Posse Rewards incentivize growth through referral bonuses, while Campfire Stories and Lucky Lasso Lotteries offer interactive ways for users to earn rewards. The project’s staking feature, with an impressive APY rate currently at more than 2000%, adds another dimension of value for investors.

Given its early success and the strong community backing, Shiba Shootout is well-positioned for significant price movements in the coming days or weeks. This makes it a prime candidate for day traders looking to capitalize on short-term price fluctuations. It is likely that investing in Shiba Shootout now could set the stage for lucrative trading opportunities as the project continues to grow and attract attention in the crypto market.

Visit Shiba Shootout

Myro (MYRO)

Myro is referred to as the Solana-dog, a memecoin designed to bring the Solana community together. The project has been inspired by a dog-named Myro, which belonged to Raj Gokal, one of the founders of the Solana Foundations.

Buy Myro

In-terms of utility, the only factor that Myro talks about is community. It’s primary goal is to make Solana a good investment in the eyes of crypto whales and institutional investors. To remove all obstacles to investing in Solana, Myro has launched BuyBot, Solana’s first comprehensive automated system on Telegram.

Myro has multiple factors working in its favor, which makes it suitable for day traders. One is the fact that it is a memecoin, which means it is prone to bouts of surges every now and then. Secondly, it is a doge-based token, capable of going viral through its marketability. Those who want to invest in Myro can do so on multiple exchanges.

Buy MYRO

Pyth Network (PYTH)

Another suitable crypto to day trade today is the Pyth Network, a blockchain project that offers real-time market data to decentralized financial applications across more than 40 blockchains.

Pyth Network (PYTH)

The platform focuses on providing accuracy by delivering 400 highly accurate price feeds. In addition to cryptocurrencies, the platform provides details about equities, FX, and commodities. Multiple participants have joined the project so far, including Binance, OKX, CBOE, Bybit, and Jane Street, and have become part of this project.

Per the whitepaper, Pyth Network employs a “pull” method, contrary to the “push” method for price aggregation. This approach helps it drive costs down when, which aligns with it being a Solana fork, the network leverages advantages such as swift transaction speeds and low transaction fees.

Even though the platform has long-term fundamentals, its price performance has been volatile on the price chart. There have been multiple surges for this token in January 2024, making it a suitable token for day trade.

Buy PYTH

Immutable X (IMX)

For NFTs on Ethereum, Immutable X claims to be the first layer-two scaling solution. It is claimed that Immutable X’s blockchain can overcome Ethereum’s shortcomings, such as limited scalability, poor user experience, and illiquidity. There is no need to compromise user or asset security to enjoy rapid trading and vast scalability with zero gas expenses while minting and trading NFTs. Immutable X is created using STARK zk-rollups, a technique that Vitalik Buterin believes Ethereum to be “all-in on,” to do this.

Thanks to this technology, users can produce and distribute ERC-20 and ERC-721 tokens on a vast scale. It was previously challenging to construct a new meta-system in Gods Unchained because of the limitations of Immutable X, according to Chris Clay, the game director of the project. Users and developers alike will benefit from Immutable X’s efforts in this way.

Immutable X has the upper hand as one of the first layer-two solutions to use zk-rollups and only concentrate on NFTs. The zk-rollups project is now at the forefront of Ethereum development because of the rising relevance of zk-rollups. To become the “NFT blockchain” of choice, Immutable X has to meet its claim of transaction speeds of more than 9,000 tips.

From the year-to-date IMX price chart (above), Immutable X may have found a bottom and is currently trading in a sideways consolidation range. It may be one of the best cryptos to swing trade with more upside potential than downside from its current low price point.

Buy IMX

Your capital is at risk

Flux (FLUX)

Flux is the next generation of decentralized, scalable cloud infrastructures. Multiple servers may be used simultaneously to build, administer, and launch your applications. Web 3.0, Dapps, and more are all here.

Cloud computing and blockchain services are available in the Flux Ecosystem, which provides an AWS-like development environment for decentralized applications.

FLUX is a native GPU mineable Proof of Work currency that incentivizes holders and DAO governance on-chain and inadequate actor protection through hardware stake requirements.

Computational network with more than 10k nodes distributed worldwide, delivering over 75,000 vCores of CPU power, 228.19+ Terabytes of RAM, and 5.11+ Petra storage capacity. This is the world’s most extensive decentralized Web3 computing network. Once the Flux collateral and hardware requirements are met, anybody may start their own Flux Node anywhere in the world.

Raspberry Pi, Home PCs, Servers, and Virtual Private Servers (VPS) can all run Flux Nodes. By hosting specific DApps on their nodes, Flux node operators are paid with Flux, but they may also earn other cryptocurrencies.

Verasity (VRA)

Verasity (VRA), a new video-sharing platform launched on May 18th, 2018, aims to provide an equitable system for artists to profit from their work and for advertisers to get the most out of their ad expenditure.

Pro-gaming streaming site esportfightclub.com offers esports events such as PUBG Mobile — Verasity’s main use case according to their whitepaper — and its proof-of-value (PoV) protocol all help them reach this goal. Verasity owns and controls the website, which serves as a hub for all of Verasity’s offerings. The platforms reward users for viewing, subscribing, and winning in virtual reality (VRA).

In addition to Verasity.TV, another product of Verasity, collects content from publishers on various platforms, including but not limited to: JWPlayer, Brightcove, VideoJS, Kaltura, FlowPlayer, iVideoSmart, and others. Currently, advertising platforms like Google and Facebook aren’t attracting as much money from advertisers since they’re not sure that people are looking at the content. Identifying and removing fraud in real-time is possible using Verasity’s proof-of-view protocol layer technology.

With over 200 touch points, it can tell the difference between real people and bots. The company’s proof-of-view and data storage technologies will be extended to non-fungible tokens (NFTs). With Verasity’s on-chain verification, NFTs will gain value as their ownership claims are further authenticated.

Metahero (HERO)

An ultra-realistic 3D technology makes virtual avatars and virtual items for social media, gaming, fashion, art, and medical usage. As of June 2021, Metahero has a $10 million startup investment and aims to accelerate Bitcoin adoption by creating a parallel digital realm. With the help of Metahero, real-world things may be transformed into usable avatars for use in the metaverse via a process known as “metscanning.” Metahero will become a bridge between the digital and real worlds because of its unique notion.

Artists, businesses, and gamers all benefit from Metahero’s technology. Another is via the token HERO, which has a wide range of real-world corporate use cases spanning social media and the arts. The groundbreaking meta scanning technology that Metahero is pioneering is equipped with some of the most potent graphic rendering capabilities ever seen.

More than 100,000 individuals will be able to use Metahero’s 3D scanners each year thanks to the company’s plans to establish 12 Metahero 3D chambers worldwide. Metahero’s initial use case is the 3D lifelike avatars created by metascanning. A variety of artists, celebrities, and influencers will be enlisted to promote Metahero’s metascanner to raise awareness of the initiative. Game firms may also use metascanning to produce the greatest possible metaverse gaming experience.

Metahero can also seamlessly integrate museums into the metaverse. The collections of these institutions may be digitized by scanning and storing them. Metahero will become more critical in an increasingly distant world since the experience will mimic daily life.

OpenDAO (SOS)

To honor, preserve, and promote the non-fungible token (NFT) sector and those who work in it, the OpenDAO project has created the $SOS token. All NFT inventors, collectors, and merchants should be thanked for bringing this new sector to the fore. To participate in the $SOS token airdrop, you must have purchased, sold, or exchanged an NFT on OpenSea. At this time, almost 241,000 $SOS coins had been released.

The features mentioned earlier reward OpenSea users and drew attention to the NFT sector. As a bonus, compensating individuals who have been scammed means that the $SOS token will be more widely distributed, which helps others who have lost money due to such instances.

The OpenDAO’s $SOS token may be claimed by connecting a Web3 wallet to the project’s website. The more money a person spends on OpenSea and the more transactions they make, the more rewards they will get.

When it comes to OpenDAO, there are still many unsolved questions. For example, there is no mention of 9x9x9eth or the reason for the project’s first airdrop of that many tokens. Even though the market does not intend to build a support mechanism to reimburse scam victims, most participants agree that OpenSea needs one.

The OpenDAO price chart has been bearish for the past year but may be close to bottoming out – and trading in a sideways range can also be profitable for scalpers. Scalping is one approach day traders use to profit from low-timeframe, short-term fluctuations in price volatility.

StormX (STMX)

As one of the first global cryptocurrency-based solutions, StormX was launched in 2015. StormX, a mobile software and browser plugin, intends to provide consumers with cryptocurrency payback on most online transactions in partnership with corporations such as Samsung, Nike, and Lego. StormX’s native token, STMX, may also be staked to increase rewards.

Blockfolio, the Litecoin Foundation, and Kyber Network have already invested in the business. StormX has made a name for itself as a pioneer in the cryptocurrency payback market. In addition to giving a payback of up to 87.5 percent on specific transactions, the organization has gained customers’ attention.

StormX is the first crypto cashback solution that enables customers to receive incentives and cashback for their fiat currency transactions. To put it another way, StormX effectively introduces crypto into the financial system by smoothly integrating its blockchain technology into regular purchases.

By allowing users to stake native tokens and execute daily activities in addition to earning cashback, StormX is appealing to crypto enthusiasts who want to increase their profits by staking their tokens. Users of the STMX token may receive interest in their investments via locking staking contracts. Customers may simply accumulate benefits using StormX’s cashback program, which includes over 750 online retailers. In addition, some online stores provide crypto cashback of up to 87.5%, an unparalleled figure for standard reward schemes. $30 million has been invested in StormX, making it a household brand in the sector.

What Are Day Trading Coins

Day trading coins are about low market caps and high daily trading volumes. Another phrase for this type of investing is called margin trading. In this case, the cryptocurrencies to look for aren’t those that have been out for a long time and have built massive markets to project themselves toward a reputable far future.

Those kinds of coins are meant to be invested in and held in the long term, as short-term price fluctuations with high-cap coins are so small that they can be irrelevant compared to those of coins that have recently hit the market. Small-cap altcoins are much more prone to high price fluctuations with average trades and transactions.

To give you a more vague idea, if a coin has a market cap worth $1,000,000 and someone invests in $100,000 worth of that token, its price will be impacted by 10%, whereas if the coin has a market cap of $100,000,000, that $100,000 dollar investment would only move the price up by 0.1%. This shows how low-cap coins have a much higher chance of going up faster in price than those which have been growing and fermenting in the market for quite a long time.

How to Invest in Day Trading Coins

To trade cryptocurrencies , you may use one of two methods – purchasing the asset directly or using contracts for differences (CFDs).

With CFDs, you may speculate on the price movements of crypto assets without owning any of them yourself. It is possible to benefit from a change in an asset’s price without actually owning the underlying asset using CFD instruments while purchasing the underlying asset means that you get to hold your token anonymously under the care of a separate platform without the need to store your token such as an E-wallet.

Compare the two approaches to see how they differ.

An investment in the asset itself

The only method to get your hands on the underlying asset is to trade conventional money (USD) for crypto asset tokens like Bitcoin, XRP, or Litecoin.

Increasing the value of your crypto asset will increase your net worth. You’ll lose money if the price of gold falls, for example.

In this technique, you have complete control over your crypto assets. Since the tokens belong to you, you may do with them what you choose. This means you may store your tokens in a wallet, transfer them to pals, or make transactions with them in any way.

A $1,000 Bitcoin purchase enables you to make purchases from Bitcoin-accepting businesses.

Cryptocurrency trading using CFDs

When you use a CFD, you are essentially betting on the asset’s future price movement without owning it. Even if the price of Bitcoin rises by $1,000, you won’t possess any BTC tokens if you buy $1,000 worth of Bitcoin CFDs.

With CFDs, earning money on both sides of the market is possible. Consequently, you may take advantage of both price rises and falls.

You should purchase a CFD contract if you believe the price of a crypto asset will rise (also known as “going long”). However, if you believe the price of a crypto asset will fall, you should sell a CFD contract rather than purchase one (this is known as “going short”).

Second, you may use leverage with CFDs to enhance your exposure. Using x2 leverage, you can effectively manage $1,000 with just $500. Therefore, a rise in earnings is feasible (but also the potential for higher losses).

It’s a disadvantage because you don’t own any crypto tokens when you trade CFDs. If you want to put them in your wallet, you won’t be able to do so. See our complete guide to CFD trading for beginners.

Why Should You Day Trade Crypto

Day trading cryptocurrencies is ideal for those with much free time who want to earn money in the short term. Day trading is the most lucrative way to invest in crypto and quickly see the difference in your wallet. However, it’s not as easy as purchasing a token, holding it in your wallet for a couple of years, and selling it when you feel you’ve earned enough from its price fluctuation.

Instead, you need to keep an eye on the tokens’ progress all the time and ensure you have the availability to trade in and out on the go. If done right, day trading can replace an actual job and earn people enough money to get by without any other source of income. This does not mean, however, that day-to-day trading does not carry any risks.

Best Place to Day Trade Crypto in November 2024

Sort By

1 Provider that matches your filters

Payment methods

Features

Usability

Support

Rates

1or more

Security

1or more

Selection of Coins

1or more

Classification

1or more

Rating

with $1000 you receive
0.0599 BTC
What we like
  • Easiest to deposit
  • Most regulated
  • Copytrade winning investors
Rates
Security
Selection of Coins
Features
For Beginners Instant Verification Mobile App Wallet Service
Payment methods
Credit Card Giropay Neteller Paypal Sepa Transfer Skrill Sofort
with $1000 you receive
0.0599 BTC

Don’t invest in crypto assets unless you’re prepared to lose all the money you invest.

Risks of Day Trading Cryptocurrencies

One of the most significant day-trading risks you will need to carry is the risk of being unable to be there for your crypto at the right time. The crypto market never sleeps, and low-cap coins fluctuate so hard that there could be a crucial minute that you might miss out on simply by taking a short break or even being asleep at night, and that one minute could be the decider on whether this coin is going to make you the next crypto millionaire or if you’re going to lose every penny you invested in it.

It’s also highly suggested to have proper market knowledge before investing and to know the story behind every cryptocurrency you invest in. This is crucial to avoid crypto scams like rug pulls and honeypots, which are very common in the low market cap token day-trading market and can end up turning your investment, no matter how large, into a big fat zero. See our guide to the best cryptos to buy now.

How Much You Should Invest in Day Trading Coins

Amounts to day trade mainly depend on how much you have at your disposal. Since it’s a lot more risky than long-term stable investments, it’s not suggested to invest large amounts straight off the bat. You should always start with tiny insignificant trades to ensure everything with the coin is all right; once you feel confident enough in the token, it’s your choice whether or not you want to buy more. Remember that day-trading coins are the most volatile, and the more you invest per coin, the more significant the impact on your investment will be.

If you’re on a limited budget, you need to be very careful to find multiple reputable projects to spread your investments throughout so that you grow your portfolio with a smaller chance of losing it all if one coin decides to fail. Other than that, if you have the time and knowledge to trade crypto day, rest assured that at some point or another, you will be impressed by how much money can be made through it. We’ve also written a guide to crypto signals providers that offers advice on managing risk, including how much to invest for an optimal R:R (risk to reward ratio).

Conclusion

Day trading is high risk but also provides a higher return on investment (ROI) than passively holding crypto assets – which also entails risk as many crypto projects have prolonged corrections and lose value over time after their initial bull cycle.

For that reason, our list of the best cryptocurrencies to day trade includes a multichain crypto – Pepe Unchained.

Visit Pepe Unchained

FAQs on Day Trading Crypto

Is it possible to be prosecuted for the simple act of trading cryptocurrency on a daily basis?

Because cryptocurrencies aren't regulated by FINRA or the SEC like stocks and options, you don't have to be concerned about day trading restrictions.

How much money do you need to day trade cryptocurrency?

The pattern day trader will not be allowed to day trade until the account reaches the $25,000 minimum equity requirement if the balance falls below that amount. In order to trade on margin, day traders must have at least $25,000 in their accounts.

Is there a minimum amount of time before you may sell cryptocurrency?

When selling or trading virtual money that you kept for less than a year, you may have a short-term capital gain or loss. There is a long-term capital gain or loss when you hold virtual money for more than a year before selling it.

Please enter Coingecko Free Api Key to get this plugin works