Difference between Balance and Available Balance

Difference between Balance and Available Balance

In your CryptoM account, it's essential to understand the difference between two types of balances: the accounting balance and the available balance.

Accounting Balance: This balance represents the total amount of money you have in local currency and cryptocurrencies in your account. It includes all your assets, regardless of whether they are committed to market orders or withdrawal requests.

Available Balance: The available balance is the portion of your accounting balance that you can use immediately. This balance is not committed to market orders or withdrawal requests, meaning you can use it at any time you wish.

To ensure that your accounting balance is available, it's important to cancel any orders or requests that are using those funds. Keeping a constant check on your balances will allow you to make informed decisions about how you want to use your funds on CryptoMKT.

If you have more questions or need further information about managing your balances on CryptoMKT, we are here to help.



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