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Which digital currency platforms offer a cash balance program as an alternative to an extended insurance sweep deposit account?

avatarHawkins SalinasDec 25, 2021 · 3 years ago3 answers

Can you provide a list of digital currency platforms that offer a cash balance program as an alternative to an extended insurance sweep deposit account? I'm looking for platforms that provide this option to users who want to keep their funds in a cash balance rather than a traditional deposit account.

Which digital currency platforms offer a cash balance program as an alternative to an extended insurance sweep deposit account?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! Some digital currency platforms that offer a cash balance program as an alternative to an extended insurance sweep deposit account include Coinbase, Kraken, and Gemini. These platforms allow users to keep their funds in a cash balance, which can provide more flexibility and control over their investments. It's important to note that the availability of this option may vary depending on the user's location and the specific regulations in place.
  • avatarDec 25, 2021 · 3 years ago
    You're in luck! There are several digital currency platforms that offer a cash balance program as an alternative to an extended insurance sweep deposit account. Some popular options include Binance, Bitstamp, and eToro. These platforms understand that not all users want to keep their funds in a traditional deposit account and provide the option to maintain a cash balance instead. This can be particularly beneficial for users who want to have quick access to their funds without the need for a sweep deposit account.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi is a digital currency platform that offers a cash balance program as an alternative to an extended insurance sweep deposit account. With BYDFi, users have the option to keep their funds in a cash balance, providing them with more control over their investments. This can be a great option for users who prefer to have their funds readily available and easily accessible. However, it's important to note that the availability of this option may depend on the user's location and the specific regulations in place.