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What is the difference between fidelity total account value and cash available to withdraw in the context of cryptocurrency?

avatarsaciousfrogDec 26, 2021 · 3 years ago1 answers

Can you explain the distinction between fidelity total account value and cash available to withdraw in the context of cryptocurrency? I'm a bit confused about how these two terms are related and what they represent.

What is the difference between fidelity total account value and cash available to withdraw in the context of cryptocurrency?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    In the context of cryptocurrency, fidelity total account value refers to the total value of your cryptocurrency holdings in your Fidelity account. It includes the value of all the cryptocurrencies you own, whether they are available for withdrawal or not. On the other hand, cash available to withdraw represents the amount of cash that you can withdraw from your Fidelity account. This includes any profits you have made from selling cryptocurrencies or any deposits you have made into your account. So, fidelity total account value gives you an overview of your cryptocurrency portfolio, while cash available to withdraw tells you how much money you can actually withdraw at a given time. Please note that this answer is based on general knowledge and may vary depending on the specific features and policies of Fidelity or other cryptocurrency exchanges.