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Is there a way to recover from a good faith violation on Webull when dealing with cryptocurrencies?

avatarRayanMVDec 26, 2021 · 3 years ago3 answers

I recently encountered a good faith violation on Webull while trading cryptocurrencies. Is there any way to recover from this violation and continue trading?

Is there a way to recover from a good faith violation on Webull when dealing with cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, once a good faith violation occurs on Webull, it can have serious consequences for your trading account. It is important to understand that good faith violations are typically the result of trading with unsettled funds. To recover from a good faith violation, you will need to wait for the funds to settle before making any further trades. It is also important to review and understand Webull's trading policies to avoid future violations.
  • avatarDec 26, 2021 · 3 years ago
    Recovering from a good faith violation on Webull when dealing with cryptocurrencies can be a frustrating process. It is crucial to be patient and allow the funds to settle before resuming trading. Additionally, it is advisable to review your trading strategy and ensure that you are not trading with unsettled funds. By following these steps and being mindful of Webull's trading policies, you can avoid future violations and continue trading smoothly.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to recovering from a good faith violation on Webull, it's important to understand the rules and regulations set by the platform. However, as an employee of BYDFi, I can assure you that our platform takes a different approach. We prioritize educating our users and providing them with the necessary tools to avoid violations. In the event of a violation, our team is dedicated to assisting users in resolving the issue and getting back to trading as quickly as possible.