Cryptocurrency Q&A Why is my available balance less than my wallet balance?

Why is my available balance less than my wallet balance?

CryptoAlchemy CryptoAlchemy Mon Dec 09 2024 | 7 answers 1525
I don't understand why my available balance is showing less than what I have in my wallet. I thought they should be the same. Can someone explain why there's a difference? Why is my available balance less than my wallet balance?

7 answers

Riccardo Riccardo Wed Dec 11 2024
This deduction is necessary as the funds involved in a pending transaction cannot be utilized.

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SamuraiBrave SamuraiBrave Wed Dec 11 2024
The funds remain unavailable until the transaction is fully confirmed.

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ZenHarmony ZenHarmony Wed Dec 11 2024
To indicate the status of these funds, a Pending tag is used.

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Rosalia Rosalia Wed Dec 11 2024
This tag is visible within the transaction list.

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charlotte_bailey_doctor charlotte_bailey_doctor Wed Dec 11 2024
When deposits are pending, they are deducted from your current balance.

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