What is the difference between fidelity cash available to trade and settled cash in the cryptocurrency market?

3 answers

• Jan 13, 2022 · 3 years ago
  Fidelity cash available to trade refers to the funds in your account that you can use to buy or sell cryptocurrencies. It represents the amount of money you have available for immediate trading. On the other hand, settled cash refers to the funds that have completed the settlement process and are ready for withdrawal or further investment. Settled cash is the portion of your account balance that is not tied up in pending transactions. It is important to understand the difference between the two because while fidelity cash available to trade can be used for immediate trading, settled cash may take some time to become available for withdrawal or reinvestment.
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• Jan 13, 2022 · 3 years ago
  In simple terms, fidelity cash available to trade is like the money in your wallet that you can spend right away, while settled cash is like the money in your bank account that you can access after it has cleared. Fidelity cash available to trade is more liquid and can be used for immediate transactions, while settled cash may have some restrictions or delays before it can be fully utilized. It's important to keep track of both balances to effectively manage your cryptocurrency investments.
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• Jan 13, 2022 · 3 years ago
  When it comes to fidelity cash available to trade and settled cash in the cryptocurrency market, there are a few key differences to consider. Fidelity cash available to trade represents the funds that are immediately accessible for buying or selling cryptocurrencies. It's like having cash in your pocket that you can use right away. On the other hand, settled cash refers to the funds that have completed the settlement process and are ready for withdrawal or reinvestment. It's like having money in your bank account that you can access once it has cleared. The main implication of these differences is that fidelity cash available to trade can be used for immediate trading, while settled cash may have some restrictions or delays before it can be fully utilized. It's important to understand these distinctions to effectively manage your cryptocurrency investments and make informed trading decisions.
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