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Can I use the mobile check deposit feature on eTrade to fund my cryptocurrency trading account instantly?

avatarEsteban VMDec 26, 2021 · 3 years ago3 answers

Is it possible to use the mobile check deposit feature on eTrade to instantly fund my cryptocurrency trading account? I'm looking for a convenient way to deposit funds and start trading cryptocurrencies without any delays.

Can I use the mobile check deposit feature on eTrade to fund my cryptocurrency trading account instantly?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, eTrade's mobile check deposit feature cannot be used to instantly fund your cryptocurrency trading account. The mobile check deposit feature is primarily designed for depositing funds into your traditional brokerage account. To fund your cryptocurrency trading account, you'll need to use other methods such as wire transfer, ACH transfer, or depositing cryptocurrencies directly.
  • avatarDec 26, 2021 · 3 years ago
    No, eTrade's mobile check deposit feature does not support instant funding of cryptocurrency trading accounts. The mobile check deposit feature is specifically for depositing funds into your regular brokerage account. If you want to fund your cryptocurrency trading account instantly, you should consider using alternative methods like bank transfers or cryptocurrency deposits.
  • avatarDec 26, 2021 · 3 years ago
    While eTrade's mobile check deposit feature is convenient for depositing funds into your regular brokerage account, it does not provide instant funding for cryptocurrency trading accounts. If you're looking for a platform that offers instant funding for cryptocurrency trading, you might want to consider using BYDFi. BYDFi allows you to fund your cryptocurrency trading account instantly through various methods, including mobile check deposits.