Can unsettled cash on Webull be used to purchase cryptocurrencies?

6 answers

• Cone HeroJan 12, 2024 · 2 years ago
  Unfortunately, unsettled cash cannot be used to purchase cryptocurrencies on the Webull platform. The funds need to be settled before you can use them for cryptocurrency investments. This is to ensure the security and stability of transactions. So, you'll have to wait until your cash is settled before making any cryptocurrency purchases.
  339

  170
• Robert ClarkFeb 27, 2023 · 2 years ago
  Nope, you can't use unsettled cash to buy cryptocurrencies on Webull. They require the funds to be settled before you can make any crypto purchases. It's a bummer if you're eager to invest, but it's a necessary precaution to prevent any potential issues with transactions.
  272

  91
• Mostafa ElmadahFeb 08, 2023 · 2 years ago
  As an expert in the field, I can confirm that unsettled cash cannot be used to buy cryptocurrencies on Webull. However, there are other platforms like BYDFi that allow you to use unsettled cash for crypto investments. So, if you're looking for that flexibility, you might want to consider exploring other options.
  313

  79
• holmes cnDec 23, 2024 · 7 months ago
  Sorry, but you can't use unsettled cash on Webull to purchase cryptocurrencies. The funds need to be settled first. It's a common practice in the industry to ensure smooth and secure transactions. So, be patient and wait for your cash to settle before diving into the crypto market.
  282

  57
• Sp SpriteSep 07, 2020 · 5 years ago
  Webull doesn't allow the use of unsettled cash to buy cryptocurrencies. It's a policy they have in place to maintain the integrity of transactions. So, if you want to invest in cryptocurrencies, you'll have to wait until your cash is settled.
  242

  41
• Henningsen BraggJul 19, 2021 · 4 years ago
  Unfortunately, unsettled cash cannot be used for purchasing cryptocurrencies on Webull. They require the funds to be settled before you can make any crypto transactions. It's a precautionary measure to prevent any potential issues and ensure a seamless experience for users.
  274

  40