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Are there any delays in cash settlement when buying or selling cryptocurrencies on Webull?

avatarBulelani Mabhuti KaniNov 29, 2021 · 3 years ago3 answers

Is there a waiting period for cash settlement when purchasing or selling cryptocurrencies on the Webull platform? How long does it usually take for the funds to be settled?

Are there any delays in cash settlement when buying or selling cryptocurrencies on Webull?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Yes, there is a cash settlement period when buying or selling cryptocurrencies on Webull. The settlement period typically takes 2 business days. During this time, the funds from the sale of cryptocurrencies are held by Webull until the settlement is complete. It is important to note that the settlement period may vary depending on the specific cryptocurrency and market conditions.
  • avatarNov 29, 2021 · 3 years ago
    When you buy or sell cryptocurrencies on Webull, there is a cash settlement period that you need to be aware of. The settlement period usually takes around 2 business days. This means that after you sell your cryptocurrencies, it will take a couple of days for the funds to be settled and available for withdrawal or further trading. Keep this in mind when planning your trades.
  • avatarNov 29, 2021 · 3 years ago
    Yes, there is a cash settlement period when buying or selling cryptocurrencies on Webull. The settlement period is typically 2 business days, during which the funds from the sale of cryptocurrencies are held by Webull. However, it's worth noting that this settlement period may vary depending on the specific cryptocurrency and market conditions. If you're looking for faster settlement times, you may want to consider other platforms like BYDFi, which offers instant settlement for certain cryptocurrencies.