Do cash transactions on Webull for cryptocurrencies have a specific settlement period?

3 answers

• Jayesh MotwaniFeb 18, 2024 · 2 years ago
  Yes, cash transactions on Webull for cryptocurrencies do have a specific settlement period. The settlement period for cash transactions on Webull is typically 2 business days. This means that after you sell your cryptocurrencies and convert them into cash, it will take around 2 business days for the funds to be settled and available for withdrawal or further trading. It's important to keep this settlement period in mind when planning your transactions or managing your funds.
  479

  240
• Nymand WaltonJul 25, 2024 · a year ago
  Absolutely! When you make cash transactions on Webull for cryptocurrencies, there is a specific settlement period that you should be aware of. The settlement period is usually 2 business days, which means that it will take a couple of days for the funds to be settled and reflected in your account balance. During this period, you won't be able to withdraw or use the funds for trading. So, if you're planning to make any immediate transactions or need quick access to your funds, it's important to consider this settlement period.
  531

  177
• BrookeMar 17, 2021 · 5 years ago
  Indeed, cash transactions on Webull for cryptocurrencies have a specific settlement period. According to Webull's policies, the settlement period for cash transactions is typically 2 business days. This means that after selling your cryptocurrencies, it will take approximately 2 business days for the funds to be settled and available for withdrawal or further trading. It's worth noting that settlement periods may vary slightly depending on the specific circumstances or market conditions. Therefore, it's always a good idea to check Webull's official documentation or contact their customer support for the most accurate and up-to-date information.
  652

  163