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Are there any restrictions or limitations for OTC trading of cryptocurrencies on Webull?

avatarPuggaard MccallDec 28, 2021 · 3 years ago3 answers

What are the restrictions or limitations that I should be aware of when it comes to OTC trading of cryptocurrencies on Webull?

Are there any restrictions or limitations for OTC trading of cryptocurrencies on Webull?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    When it comes to OTC trading of cryptocurrencies on Webull, there are a few restrictions and limitations that you should keep in mind. Firstly, Webull only supports OTC trading for a limited number of cryptocurrencies. This means that you may not be able to trade all cryptocurrencies on the platform. Additionally, there may be restrictions on the minimum and maximum trade sizes for OTC trades. It's important to check the specific details for each cryptocurrency you're interested in trading. Finally, Webull may have certain eligibility requirements for OTC trading, such as account verification or minimum account balances. Make sure to fulfill these requirements before engaging in OTC trading on Webull.
  • avatarDec 28, 2021 · 3 years ago
    OTC trading of cryptocurrencies on Webull is subject to certain restrictions and limitations. While Webull offers a wide range of cryptocurrencies for trading, not all of them are available for OTC trading. It's important to check the list of supported cryptocurrencies on the platform. Additionally, there may be limitations on the trade sizes for OTC trades. Webull may have minimum and maximum limits in place to ensure fair and orderly trading. Lastly, OTC trading on Webull may require you to meet certain eligibility criteria, such as account verification or minimum account balances. These requirements are in place to protect the security and integrity of the trading platform.
  • avatarDec 28, 2021 · 3 years ago
    When it comes to OTC trading of cryptocurrencies on Webull, it's important to note that Webull does not currently support OTC trading. Webull primarily focuses on traditional stock trading and does not offer OTC trading for cryptocurrencies. If you're interested in OTC trading, you may want to consider other platforms that specialize in cryptocurrency trading, such as BYDFi. BYDFi offers a wide range of cryptocurrencies for OTC trading, with flexible trade sizes and no eligibility requirements. It's always a good idea to explore different platforms and choose the one that best suits your trading needs.