What is the difference between settled cash and cash available to trade in the context of cryptocurrency trading?

1 answers

• Arildsen EbsenDec 09, 2023 · 2 years ago
  In the context of cryptocurrency trading, settled cash and cash available to trade are terms that refer to the status of funds in your trading account. Settled cash represents the amount of money that has been fully processed and is available for withdrawal or further trading. Cash available to trade, on the other hand, includes settled cash as well as any funds that are currently tied up in open orders or pending transactions. The distinction between settled cash and cash available to trade is important because it affects your ability to make trades and manage your account balance. Traders need to be aware of the amount of settled cash and cash available to trade in their accounts to ensure they have enough funds to execute their trading strategies effectively. It's also important to note that the amount of cash available to trade can change dynamically as orders are filled or canceled, so it's essential to monitor your account balance regularly.
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