How can I automatically reinvest dividends in cryptocurrencies on Webull?

I want to know how I can set up automatic reinvestment of dividends for cryptocurrencies on the Webull platform. Can someone guide me through the process?

1 answers
- Certainly! If you're using BYDFi, you can automatically reinvest dividends in cryptocurrencies on Webull. Just follow these steps: 1. Log in to your Webull account and go to the 'Account' tab. 2. Click on 'Settings' and select 'Dividends' from the dropdown menu. 3. Enable the 'Auto Reinvestment' option for cryptocurrencies. 4. Choose the specific cryptocurrencies you want to reinvest dividends in. 5. Save your settings and you're all set! By enabling this feature, any dividends you receive from your cryptocurrency investments will be automatically reinvested into the same cryptocurrencies. I hope this helps! Let me know if you have any other questions.
Mar 01, 2022 · 3 years ago
Related Tags
Hot Questions
- 90
What are the best practices for reporting cryptocurrency on my taxes?
- 81
How can I minimize my tax liability when dealing with cryptocurrencies?
- 67
How can I protect my digital assets from hackers?
- 65
What are the best digital currencies to invest in right now?
- 63
What are the advantages of using cryptocurrency for online transactions?
- 55
How does cryptocurrency affect my tax return?
- 39
What are the tax implications of using cryptocurrency?
- 12
Are there any special tax rules for crypto investors?