What is the difference between fidelity settled cash and cash available to trade in the context of cryptocurrency?

3 answers

• Dec 17, 2021 · 3 years ago
  Fidelity settled cash refers to funds that have been fully settled and are available for withdrawal or further trading. This means that the funds have completed the settlement process and can be used for other purposes. On the other hand, cash available to trade refers to funds that are immediately available for trading activities. These funds can be used to buy or sell cryptocurrencies without any settlement delay. The main difference between the two is the timing of availability and usage. Fidelity settled cash is typically used for long-term investments or withdrawals, while cash available to trade is used for immediate trading activities.
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• Dec 17, 2021 · 3 years ago
  When it comes to fidelity settled cash and cash available to trade in the context of cryptocurrency, the key difference lies in their usability. Fidelity settled cash refers to funds that have completed the settlement process and are ready for withdrawal or other purposes. On the other hand, cash available to trade refers to funds that can be used immediately for buying or selling cryptocurrencies without any settlement delay. In simple terms, fidelity settled cash is like money in your bank account that you can use for long-term investments or withdrawals, while cash available to trade is like cash in your wallet that you can use for immediate trading activities.
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• Dec 17, 2021 · 3 years ago
  Fidelity settled cash and cash available to trade are two terms commonly used in the cryptocurrency trading world. Fidelity settled cash refers to funds that have completed the settlement process and are available for withdrawal or further trading. On the other hand, cash available to trade refers to funds that can be immediately used for buying or selling cryptocurrencies. The main difference between the two is the timing of availability. Fidelity settled cash may take some time to become available, while cash available to trade is instantly accessible. It's important for cryptocurrency traders to understand the difference between these terms to effectively manage their funds and make informed trading decisions.
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