What is the meaning of settled cash in the context of cryptocurrency trading?

5 answers

• Nov 27, 2021 · 3 years ago
  Settled cash in cryptocurrency trading refers to funds that have been fully processed and are available for withdrawal or further trading. When a trade is executed, it takes some time for the transaction to be settled, during which the funds are considered unsettled. Once the settlement process is complete, the funds become settled cash. Settled cash is important because it determines the available balance for trading and withdrawal. It is different from unsettled cash, which refers to funds that are still in the process of settlement.
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• Nov 27, 2021 · 3 years ago
  In the world of cryptocurrency trading, settled cash is like money in your pocket that you can freely use. It's the amount of funds that have been fully processed and are ready for you to withdraw or use for further trading. On the other hand, unsettled cash is like money that's still in transit, not yet fully processed. So, settled cash is the real deal, while unsettled cash is still in the works.
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• Nov 27, 2021 · 3 years ago
  When it comes to settled cash in cryptocurrency trading, BYDFi has a clear and transparent process. Once a trade is executed, it takes a certain amount of time for the settlement to be completed. During this time, the funds are considered unsettled. However, once the settlement process is finished, the funds become settled cash and are available for withdrawal or further trading. This ensures that traders have a clear understanding of their available balance and can make informed decisions.
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• Nov 27, 2021 · 3 years ago
  Settled cash in cryptocurrency trading is the amount of funds that have been fully processed and are ready for use. It's like having money in your bank account that you can freely withdraw or spend. On the other hand, unsettled cash refers to funds that are still in the process of being settled. They are not yet available for use. So, settled cash is the real deal, while unsettled cash is still in limbo.
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• Nov 27, 2021 · 3 years ago
  In the context of cryptocurrency trading, settled cash refers to funds that have completed the settlement process and are available for withdrawal or further trading. It's like having money in your pocket that you can use anytime. On the other hand, unsettled cash refers to funds that are still in the process of being settled. They are not yet available for use. So, settled cash is the actual balance that you can work with, while unsettled cash is still being processed.
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