Can I sell cryptocurrency on the settlement date?

3 answers

• Passion MakuveDec 24, 2021 · 4 years ago
  Yes, you can sell cryptocurrency on the settlement date of a trade. The settlement date is the date on which the trade is finalized, and ownership of the cryptocurrency is transferred. Once the settlement is complete, you have the freedom to sell the cryptocurrency if you wish. However, it's important to note that the settlement process can vary depending on the exchange or platform you are using. Make sure to familiarize yourself with the specific settlement procedures of the exchange you are trading on.
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• CryserJun 18, 2024 · a year ago
  Absolutely! Selling cryptocurrency on the settlement date is allowed. Once the trade is settled, you have full control over your cryptocurrency and can sell it at any time. Just keep in mind that the settlement date may differ depending on the exchange you are using. It's always a good idea to check the specific settlement policies of the exchange to ensure a smooth transaction.
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• ravinFeb 20, 2022 · 3 years ago
  Yes, you can sell cryptocurrency on the settlement date. At BYDFi, for example, once the settlement is complete, you have the option to sell your cryptocurrency. The settlement date is an important milestone in the trading process, as it signifies the completion of the trade and the transfer of ownership. If you're using a different exchange, make sure to review their policies to understand the specific rules and procedures regarding selling cryptocurrency on the settlement date.
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