Is it possible to stop share lending on Webull specifically for cryptocurrency investments?
renkiDec 25, 2021 · 3 years ago3 answers
I am using Webull for my cryptocurrency investments and I want to know if it's possible to stop share lending specifically for cryptocurrency investments on Webull. Can I opt out of share lending for cryptocurrencies on Webull?
3 answers
- Dec 25, 2021 · 3 years agoYes, it is possible to stop share lending on Webull for cryptocurrency investments. To do so, you can go to your account settings and look for the share lending options. From there, you can opt out of share lending specifically for cryptocurrencies. This will ensure that your cryptocurrency investments are not being lent out to other traders.
- Dec 25, 2021 · 3 years agoUnfortunately, Webull does not currently offer the option to stop share lending specifically for cryptocurrency investments. Share lending is a feature that allows Webull to lend out your idle shares to other traders, which helps generate additional income for the platform. However, this feature applies to all types of investments, including cryptocurrencies. If you are concerned about share lending, you may consider using a different platform that does not offer this feature.
- Dec 25, 2021 · 3 years agoYes, you can stop share lending on Webull for cryptocurrency investments. BYDFi, a digital currency exchange, offers an alternative platform that allows you to trade cryptocurrencies without the risk of share lending. BYDFi prioritizes user privacy and security, and does not engage in share lending practices. You can easily transfer your cryptocurrency investments from Webull to BYDFi and enjoy a lending-free trading experience.
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