Why is my balance and available balance different FTX?
1.1 Balances
You'll see Balance and Available Balance for each coin. Available Balance: how much you own and aren't using for open positions or orders.
FTX Tutorial: How To Check Your Balance - YouTube
Total balance
Each cryptocurrency will display the amount you have in the said token, the equivalent amount in your Fiat currency (e.g. U.S. Dollars in the screenshot above), and the percentage movements of gains/losses for the day.
Please note: ACH deposits take up to 5 business days to clear and due to internal risk measures, we require a 7 business day hold after the funds clear. This means that you will not be able to withdraw the equivalent amount of your ACH deposit for at least 12 business days after initiating the deposit.
Why is my total balance and available balance different? Your total and available balances may vary if your account has pending check deposits, debit card purchases and ATM transactions that haven't cleared the account yet.
'Balance' is the amount of money in your account before all pending transactions have been processed. 'Available' is the amount that you can spend today, and is a more accurate reflection of how much you can spend at that time.
If you are unable to deposit or withdraw, you may have a deposit already pending or a failed withdrawal from your bank that is preventing you from depositing. Typically, once the funds have left your bank (you can check with your bank on this status), it is 1-2 days before the deposit is complete on our end.
Most withdrawals are processed within a few minutes. Larger withdrawals can require manual review and take up to a few hours. Note that withdrawals of stablecoins can be limited by their creation and redemption speeds. For larger withdrawals this can take up to 6 hours on weekdays and up to one day on weekends.
US individuals with tier 1 accounts are limited to $10,000 in crypto & fiat withdrawals per day, and $300,000 in lifetime withdrawals.
Outstanding Balance refers to the amount of your Spending Limit that has been used for purchases and withdrawals plus accrued interest.
Why does crypto say I have insufficient balance?
An insufficient balance means you don't have enough funds in your account on cryto.com for the transaction. It means your balance is lower than recommended. Usually, you get this message when you buy coins on cryto.com or try to transfer the funds from crypto.com to your bank account.
The balance in cryptocurrency of your Cryptonator account does not fluctuate. However, the dollar or euro amount of your account balance fluctuates as the exchange rate for cryptocurrencies to dollar/euro goes up and down. This exchange rate is based on the market for buying and selling cryptocurrencies.
FTX US is excited to credit an ACH deposit as soon as you make the ACH request. However, in the background ACH transfers do not clear instantly. They may take 5 business days before FTX US is truly in control of the deposit you initiated.
- Go to ftx.com/wallet.
- Click on Withdraw on the USD row.
- Click Withdraw via Signet.
- Click Request a Withdrawal.
- Enter the amount and your 2FA code.
- Click Submit.
There are no fees on OTC trading or converting in your wallet; all costs are built into the price you are quoted. Note, however, in the case of a user whose fiat/stablecoin deposit/withdrawal volume exceeds their trading volume, we reserve the right to charge a withdrawal fee of up to 0.10%.
During liquidation, users are unable to send orders on their account: the liquidation engine takes over. The liquidation engine will then periodically send orders in the market to close down the account's position.
FTX uses standard futures rather than inverted futures. This means that ultimately you can calculate your final PnL from quarterly futures, assuming no liquidations, as: PnL = Number of Futures * (exit price - entry price).
Staked FTT can't be used as collateral. To qualify for SRM airdrops, users will need to hold a minimum of 500 FTT on their FTX account (staked or unstaked).
Suppose you want to get $10,000 in ETHBULL. To do so, you invest $10,000 in your ETHBULL account, and FTX automatically purchases $30,000 worth of ETH perpetual futures, tripling your ETHBULL amount. FTX will automatically keep reinvesting your perpetual futures to maintain the necessary leverage.
