How long does it take for cash to settle when trading cryptocurrencies on Fidelity?

3 answers

• Dec 26, 2021 · 3 years ago
  The time it takes for cash to settle when trading cryptocurrencies on Fidelity can vary. Generally, it takes around 2-3 business days for the cash to settle. However, this timeframe may be longer or shorter depending on various factors such as the specific cryptocurrency being traded, the volume of the trade, and any potential delays in the banking system. It's always a good idea to check with Fidelity or refer to their documentation for the most accurate and up-to-date information.
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• Dec 26, 2021 · 3 years ago
  When you trade cryptocurrencies on Fidelity, the settlement time for cash can be a bit unpredictable. It usually takes a couple of business days for the cash to settle, but there are instances where it may take longer. Factors like network congestion, high trading volumes, or technical issues can cause delays in the settlement process. It's important to keep this in mind and plan accordingly when trading on Fidelity.
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• Dec 26, 2021 · 3 years ago
  When trading cryptocurrencies on Fidelity, the settlement time for cash can vary depending on the specific cryptocurrency and market conditions. However, it's important to note that Fidelity is not a cryptocurrency exchange. They offer cryptocurrency trading services through their subsidiary, BYDFi. According to BYDFi, the settlement time for cash can range from 1 to 3 business days. It's always a good idea to check with BYDFi or refer to their documentation for the most accurate information regarding settlement times.
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