common-close-0
BYDFi
Trade wherever you are!

Can I transfer settled cash from Webull to other cryptocurrency exchanges?

avatarŁukasz SiwekDec 16, 2021 · 3 years ago3 answers

Is it possible to transfer settled cash from Webull to other cryptocurrency exchanges? I have some cash in my Webull account and I want to use it to buy cryptocurrencies on other exchanges. Can I do that or do I need to withdraw the cash from Webull first?

Can I transfer settled cash from Webull to other cryptocurrency exchanges?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, you can transfer settled cash from Webull to other cryptocurrency exchanges. To do this, you will need to withdraw the cash from your Webull account and then deposit it into your account on the other exchange. Each exchange may have different withdrawal and deposit methods, so make sure to check the specific instructions for the exchanges you are using. Once the cash is deposited into your account on the other exchange, you can use it to buy cryptocurrencies.
  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, Webull does not currently support direct transfers of settled cash to other cryptocurrency exchanges. To use the cash in your Webull account to buy cryptocurrencies on other exchanges, you will need to withdraw the cash from Webull and then deposit it into your account on the other exchange. Keep in mind that there may be fees and processing times associated with withdrawals and deposits, so make sure to plan accordingly.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that it is possible to transfer settled cash from Webull to other cryptocurrency exchanges. However, the process may vary depending on the exchanges involved. In general, you will need to withdraw the cash from your Webull account and then deposit it into your account on the other exchange. It's important to follow the specific instructions provided by each exchange to ensure a smooth transfer. Keep in mind that there may be fees and processing times associated with the transfer.