How does webull settled cash work in the context of digital currency transactions?

3 answers

• Chambers TravisMar 03, 2021 · 4 years ago
  Webull settled cash refers to the funds in your account that have been fully settled and are available for trading. When you sell a digital currency on Webull, the proceeds from the sale will be added to your settled cash balance. You can then use this settled cash to buy other digital currencies or withdraw it from your account. It's important to note that it may take a few days for the funds to settle after a sale, so you won't be able to use them immediately for trading.
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• Prog RamSep 10, 2021 · 4 years ago
  Settled cash on Webull is the amount of money that has been cleared and is available for use in digital currency transactions. It's like having cash in your wallet that you can spend. When you sell a digital currency, the proceeds will be added to your settled cash balance, and you can use this balance to buy other cryptocurrencies. However, if you want to withdraw the settled cash from your Webull account, you'll need to wait for the settlement period to complete, which usually takes a few days.
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• Mayank SaxenaMay 04, 2022 · 3 years ago
  Webull settled cash is the amount of money that is available for trading digital currencies on the platform. When you sell a cryptocurrency, the proceeds will be added to your settled cash balance, which you can then use to buy other cryptocurrencies. However, it's important to note that the settlement period for digital currency transactions on Webull may take a few days. During this period, the funds from the sale are being processed and cleared. Once the settlement is complete, the funds will be added to your settled cash balance and you can use them for further trading or withdrawals.
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