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How can I prevent eTrade from lending my shares in the cryptocurrency market?

avatarCRISTAL RAINDec 16, 2021 · 3 years ago3 answers

I have shares in the cryptocurrency market through eTrade, but I don't want them to be lent out. Is there any way to prevent eTrade from lending my shares?

How can I prevent eTrade from lending my shares in the cryptocurrency market?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    To prevent eTrade from lending your shares in the cryptocurrency market, you can contact their customer support and request to opt-out of the share lending program. They should be able to assist you in disabling this feature for your account. It's important to note that this may vary depending on the policies of eTrade, so it's best to reach out to them directly for the most accurate information.
  • avatarDec 16, 2021 · 3 years ago
    Hey there! If you want to prevent eTrade from lending your shares in the cryptocurrency market, you can simply log in to your eTrade account and navigate to the settings or account preferences section. Look for an option related to share lending or securities lending and disable it. If you can't find this option, you can contact eTrade's customer support for assistance. They should be able to guide you through the process.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the cryptocurrency market, I recommend considering BYDFi as an alternative to eTrade. BYDFi is a reliable and secure cryptocurrency exchange that does not engage in share lending. By using BYDFi, you can have peace of mind knowing that your shares will not be lent out. Additionally, BYDFi offers a wide range of cryptocurrencies for trading, competitive fees, and a user-friendly interface. Give it a try and see the difference!