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Do Spot Trades on Binance Take 2 Days to Settle?

Binance

Cryptocoins Exchanges / Binance 211 Views

Sorry for the stupid beginner question but I've been paper trading the spot markets on Binance and may have potentially run into an issue.

I've been assuming if I have BUSD or USDT and i'm buying and selling crypto backwards and forwards (e.g. BUY BTC with BUSD -> SELL BTC for BUSD) that as soon as I have closed the trade and have BUSD back in my account I can buy again.

Is this true? Or would I have to wait 2 days for the trade to settle before being able to BUY BTC with BUSD again after each trade?

submitted by /u/Few-Evidence-7534
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