What is the difference between total account value and cash available to withdraw in the context of cryptocurrency?

1 answers

• AutocratMay 07, 2024 · a year ago
  In the context of cryptocurrency, the total account value and cash available to withdraw are essential metrics for users to understand their financial standing. The total account value represents the sum of all assets held in the account, including cryptocurrencies, tokens, and other digital assets. It provides an overview of the user's wealth in the cryptocurrency market. On the other hand, cash available to withdraw refers to the portion of the total account value that can be withdrawn and converted into fiat currency or used for transactions. This value is influenced by factors such as pending transactions, open orders, and any restrictions imposed by the exchange or platform. By monitoring both the total account value and cash available to withdraw, users can effectively manage their funds and make informed decisions about their cryptocurrency investments.
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