How does td ameritrade cash sweep work with digital currencies?

3 answers

• Nov 27, 2021 · 3 years ago
  The td ameritrade cash sweep program is a service that automatically transfers any uninvested cash in your account into a money market fund. This helps you earn a small return on your idle cash while still keeping it readily available for trading. When it comes to digital currencies, the cash sweep program works similarly. Any uninvested cash from your digital currency holdings will be swept into a money market fund, allowing you to earn a return on that cash. This can be a convenient way to make your digital currency holdings work for you even when you're not actively trading.
  584292
• Nov 27, 2021 · 3 years ago
  The td ameritrade cash sweep program is a great feature for digital currency investors. It ensures that any uninvested cash in your account is not sitting idle but is instead earning a return through a money market fund. This can be especially beneficial for digital currency investors who may have a significant amount of cash in their accounts that they are not actively using for trading. By participating in the cash sweep program, you can make your cash work for you and potentially earn a small return on your digital currency holdings.
  542181
• Nov 27, 2021 · 3 years ago
  At BYDFi, we understand the importance of maximizing the potential of your digital currency holdings. That's why we offer a cash sweep program similar to td ameritrade. With our cash sweep program, any uninvested cash from your digital currency holdings will be automatically transferred into a money market fund, allowing you to earn a return on that cash. This can be a great way to make your digital currency holdings work for you even when you're not actively trading. If you're interested in learning more about our cash sweep program, feel free to reach out to our team.
  576144