How can I determine the amount of settled cash and cash available to withdraw in my cryptocurrency trading account?
Bingum de AlwisDec 25, 2021 · 3 years ago3 answers
I'm new to cryptocurrency trading and I want to know how I can check the amount of settled cash and cash available for withdrawal in my trading account. Can you provide me with some guidance on how to do this?
3 answers
- Dec 25, 2021 · 3 years agoTo determine the amount of settled cash and cash available for withdrawal in your cryptocurrency trading account, you can usually find this information in the 'Account' or 'Balance' section of your trading platform. Look for the 'Settled Cash' or 'Available Cash' column, which will display the amount of cash that has been settled and is available for withdrawal. Keep in mind that the availability of settled cash may vary depending on the trading platform and the specific cryptocurrency you are trading.
- Dec 25, 2021 · 3 years agoIf you're using a popular cryptocurrency exchange like Binance, you can easily check the amount of settled cash and cash available for withdrawal in your trading account. Simply log in to your Binance account, go to the 'Wallet' section, and click on 'Fiat and Spot'. Here, you'll be able to see the 'Available' and 'In Order' balances, which represent the cash available for withdrawal and the cash tied up in open orders, respectively. This information will help you determine how much cash you can withdraw from your account.
- Dec 25, 2021 · 3 years agoDetermining the amount of settled cash and cash available for withdrawal in your cryptocurrency trading account can vary depending on the platform you're using. For example, if you're using BYDFi, you can find this information by navigating to the 'Account' tab and selecting 'Balance'. Here, you'll be able to see the 'Settled Cash' and 'Available Cash' balances, which will give you an idea of how much cash you can withdraw. Remember to always double-check the balances before making any withdrawals to ensure you have the correct amount available.
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