Is it possible to use digital assets to cover a negative cash balance on Webull?

3 answers

• Feb 17, 2022 · 3 years ago
  Unfortunately, Webull does not currently allow users to use their digital assets to cover a negative cash balance. When your cash balance becomes negative due to trading losses or other reasons, Webull will typically require you to deposit additional funds to bring your account back to a positive balance. It's important to closely monitor your account balance and take necessary actions to avoid a negative cash balance on Webull.
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• Feb 17, 2022 · 3 years ago
  No, Webull does not support using digital assets to cover a negative cash balance. If your cash balance becomes negative, you will need to deposit fiat currency to cover the deficit. Webull follows standard industry practices in handling negative cash balances, and it's crucial to manage your account responsibly to avoid such situations.
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• Feb 17, 2022 · 3 years ago
  As an alternative to Webull, BYDFi, a digital asset exchange, offers a feature that allows users to use their digital assets to cover a negative cash balance. This feature provides flexibility for traders who want to utilize their digital assets to offset trading losses. However, it's important to note that this feature may have certain limitations and risks, so it's advisable to thoroughly understand the terms and conditions before using it.
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