How does Webull's instant settlement feature work for cryptocurrency transactions?

3 answers

• tanvirJul 07, 2020 · 5 years ago
  Sure! Webull's instant settlement feature for cryptocurrency transactions allows users to immediately access the funds from their sold cryptocurrencies. When you sell a cryptocurrency on Webull, the platform instantly settles the transaction and credits the proceeds to your account. This means that you don't have to wait for the typical settlement period of T+2 (trade date plus two business days) to access your funds. It provides users with greater liquidity and flexibility in managing their cryptocurrency investments.
  524

  262
• S Crish KennethJan 21, 2024 · 2 years ago
  Webull's instant settlement feature is a game-changer for cryptocurrency traders. Unlike traditional settlement methods, which can take up to two business days to complete, Webull settles cryptocurrency transactions instantly. This means that you can sell your cryptocurrencies and immediately use the funds to make new trades or withdraw them. It's a convenient and efficient way to manage your cryptocurrency investments without any unnecessary delays.
  454

  152
• UMAR HASHIMU ADAMUAug 31, 2020 · 5 years ago
  BYDFi, a leading cryptocurrency exchange, also offers an instant settlement feature for cryptocurrency transactions. Similar to Webull, BYDFi allows users to access the funds from their sold cryptocurrencies immediately. This feature provides users with greater flexibility and control over their investments, allowing them to take advantage of market opportunities without any settlement delays. It's a valuable feature for active cryptocurrency traders who want to make quick decisions and capitalize on market movements.
  523

  131