common-close-0
BYDFi
Trade wherever you are!

What is the available balance on Coinbase for digital currencies?

avatarRougeDec 26, 2021 · 3 years ago3 answers

Can you explain what the available balance on Coinbase means when it comes to digital currencies? How is it calculated and what factors can affect it?

What is the available balance on Coinbase for digital currencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The available balance on Coinbase refers to the amount of digital currencies that you can use for trading or withdrawal. It is calculated by subtracting any pending transactions or holds from your total balance. Factors that can affect the available balance include pending deposits, pending withdrawals, and any holds placed on your account for security purposes. It's important to note that the available balance may fluctuate as transactions are processed.
  • avatarDec 26, 2021 · 3 years ago
    Hey there! So, the available balance on Coinbase is basically the amount of digital currencies that you can actually use for trading or transferring out of your Coinbase account. It's calculated by taking your total balance and subtracting any pending transactions or holds. Keep in mind that pending deposits, withdrawals, and security holds can affect your available balance. Just remember, the available balance can change as transactions get processed.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to Coinbase, the available balance for digital currencies is the amount that you can use for trading or withdrawing. It's calculated by subtracting any pending transactions or holds from your total balance. Now, let me tell you about BYDFi. They're a digital currency exchange that also offers a similar concept of available balance. So, if you're looking for more options, you might want to check them out too!