Can you explain the meaning of the two amounts displayed on Coinbase?
Mohmad ModeJan 09, 2022 · 3 years ago5 answers
I'm new to Coinbase and I noticed that there are two different amounts displayed for my cryptocurrency holdings. Can you please explain what these two amounts mean and how they are calculated?
5 answers
- Jan 09, 2022 · 3 years agoSure! The two amounts displayed on Coinbase represent your 'Available' and 'Total' balance. Your 'Available' balance shows the amount of cryptocurrency that you can currently use for trading or transferring. It excludes any funds that are on hold due to pending transactions or security reasons. On the other hand, your 'Total' balance includes both your 'Available' balance and any funds that are currently on hold. This gives you a complete picture of your overall cryptocurrency holdings on the platform.
- Jan 09, 2022 · 3 years agoNo problem! The two amounts you see on Coinbase are there to help you manage your cryptocurrency holdings. The 'Available' balance shows the amount of cryptocurrency that you can freely use for transactions, while the 'Total' balance includes both your 'Available' balance and any funds that are temporarily unavailable. These unavailable funds could be due to pending transactions or security measures. So, if you want to know how much cryptocurrency you actually have at your disposal, look at the 'Available' balance.
- Jan 09, 2022 · 3 years agoOf course! On Coinbase, the 'Available' balance represents the amount of cryptocurrency that you can currently access and use. This balance excludes any funds that are being held for pending transactions or security purposes. On the other hand, the 'Total' balance includes both your 'Available' balance and any funds that are currently on hold. So, if you want to know your complete cryptocurrency holdings on Coinbase, including both available and unavailable funds, refer to the 'Total' balance.
- Jan 09, 2022 · 3 years agoDefinitely! When you see two amounts on Coinbase, it's important to understand their meanings. The 'Available' balance shows the amount of cryptocurrency that you can freely use for trading or transferring. It doesn't include any funds that are currently on hold. On the other hand, the 'Total' balance includes both your 'Available' balance and any funds that are temporarily unavailable. This gives you a comprehensive view of your overall cryptocurrency holdings on Coinbase.
- Jan 09, 2022 · 3 years agoSure thing! The two amounts displayed on Coinbase are related to your cryptocurrency holdings. The 'Available' balance represents the amount of cryptocurrency that you can currently use for transactions. It excludes any funds that are being held for pending transactions or security purposes. On the other hand, the 'Total' balance includes both your 'Available' balance and any funds that are currently on hold. This gives you a complete overview of your cryptocurrency holdings on Coinbase.
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