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Trade Settlement

Matty avatar
Written by Matty
Updated yesterday

When you place a trade on Rhino, it will show as pending in your account until the next settlement window is processed. Once the trade settles, your balances will update accordingly.


⏱️ Settlement Times

Trades are settled four times per business day:

  • 9:00 AM EST

  • 11:00 AM EST

  • 1:00 PM EST

  • 3:00 PM EST

Each settlement window takes about 2 hours to complete.


πŸ”„ What to Expect After Placing a Trade

  • After placing a trade, it will appear as "Pending" in your transaction history.

  • Your balances will not update until the trade has settled during the next available window.

  • Once the settlement is complete, your updated Bitcoin or USD balance will be reflected in your account.


πŸ“… Business Day Schedule

  • Settlements only occur on U.S. business days (Eastern Time)

  • No settlements are processed on weekends or U.S. bank holidays


If you have questions about a pending trade or need help, contact us via in-app chat or at support@rhinobitcoin.com.

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