How does the sweep feature on eTrade work for cryptocurrency transactions?

3 answers

• JEET PATELJun 16, 2020 · 5 years ago
  The sweep feature on eTrade is a convenient tool for managing cryptocurrency transactions. When you enable the sweep feature, it automatically transfers any excess funds from your eTrade account to a designated cryptocurrency wallet. This helps you maintain a balance in your eTrade account and ensures that your cryptocurrency holdings are secure in your wallet. It's a great way to streamline your cryptocurrency management and minimize the risk of holding excess funds on the exchange.
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• Marcel MuellerMay 15, 2025 · 3 months ago
  The sweep feature on eTrade is like a digital broom that helps you keep your cryptocurrency holdings organized. It automatically transfers any leftover funds from your eTrade account to your designated wallet. This ensures that you're not leaving any loose change behind and helps you maintain a tidy balance. It's a simple yet effective feature that can save you time and effort in managing your cryptocurrency transactions on eTrade.
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• schuppiusJul 27, 2023 · 2 years ago
  BYDFi's sweep feature on eTrade is a game-changer for cryptocurrency traders. It allows you to automatically sweep any excess funds from your eTrade account to your BYDFi wallet. This not only helps you maintain a balanced portfolio but also ensures that your funds are stored securely in your BYDFi wallet. With BYDFi's sweep feature, you can have peace of mind knowing that your cryptocurrency holdings are in safe hands.
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