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How can I release the funds on hold for my eTrade cryptocurrency trades?

avatarlisaDec 25, 2021 · 3 years ago3 answers

I recently made some cryptocurrency trades on eTrade, but now my funds are on hold. How can I release the funds and access them for further trading or withdrawal?

How can I release the funds on hold for my eTrade cryptocurrency trades?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    To release the funds on hold for your eTrade cryptocurrency trades, you will need to follow a few steps. Firstly, check the reason for the hold. It could be due to a security review, insufficient funds, or other factors. Once you identify the reason, take the necessary actions to resolve it. For example, if it's a security review, provide any requested documentation or information. If it's due to insufficient funds, deposit the required amount. Once the hold is lifted, you should be able to access your funds for trading or withdrawal.
  • avatarDec 25, 2021 · 3 years ago
    Releasing funds on hold for eTrade cryptocurrency trades can be frustrating, but there are ways to expedite the process. Start by contacting eTrade's customer support and inquire about the hold. They will guide you through the necessary steps to release the funds. Be prepared to provide any requested information or documentation. Additionally, ensure that your account is in good standing and meets all the requirements. By cooperating with eTrade and resolving any issues promptly, you can release the funds and continue your cryptocurrency trading activities.
  • avatarDec 25, 2021 · 3 years ago
    If you're using BYDFi for your cryptocurrency trades on eTrade, releasing funds on hold is a straightforward process. Simply log in to your BYDFi account and navigate to the 'Holdings' or 'Funds' section. Locate the specific cryptocurrency that is on hold and click on the 'Release' button. Follow any additional prompts or instructions to complete the release. Once the funds are released, you can use them for further trading or withdraw them to an external wallet. Remember to always double-check the transaction details before confirming the release.