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What is the meaning of 'fps' on Webull in the context of cryptocurrency?

avatarHernán García QuijanoDec 27, 2021 · 3 years ago3 answers

Can you explain the meaning of 'fps' on Webull in the context of cryptocurrency? I've seen this term mentioned on the platform but I'm not sure what it refers to.

What is the meaning of 'fps' on Webull in the context of cryptocurrency?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    fps stands for 'fast payment system' on Webull. It is a feature that allows users to quickly and securely transfer funds between their Webull accounts and other cryptocurrency exchanges. This feature ensures fast and efficient transactions, reducing the time it takes to move funds.
  • avatarDec 27, 2021 · 3 years ago
    In the context of cryptocurrency, 'fps' on Webull refers to the 'fee per share' metric. It represents the cost incurred for each share traded on the platform. It is an important factor to consider when calculating the overall cost of trading on Webull.
  • avatarDec 27, 2021 · 3 years ago
    fps on Webull is an acronym for 'fractional share purchasing'. It allows users to buy a fraction of a share instead of a whole share. This feature is particularly useful for investors who want to invest in expensive stocks but don't have enough capital to buy a full share. With fps, users can invest in a portion of a share, making it more accessible and affordable.