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.
đĄ Your price is locked in when you place the trade. Settlement is when your balances update.
âąď¸ Settlement Times
Trades are settled four times per business day:
9:00 AM ET
11:00 AM ET
1:00 PM ET
3:00 PM ET
Each settlement window takes about 2 hours to complete. Trades placed after the 3:00 PM ET window settle at 9:00 AM ET on the next business day.
đ What to Expect After Placing a Trade
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.
đ 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.