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What does a red minus sign next to a cryptocurrency transaction indicate?

avatarGustavo CervantesNov 27, 2021 · 3 years ago3 answers

Can you explain the meaning of a red minus sign next to a cryptocurrency transaction? I noticed this symbol on my transaction history and I'm not sure what it signifies. Could it be a sign of a problem or an error in the transaction?

What does a red minus sign next to a cryptocurrency transaction indicate?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    A red minus sign next to a cryptocurrency transaction usually indicates that the transaction has been deducted from your account balance. It is a visual representation of an outgoing transaction. This sign is commonly used to differentiate between incoming and outgoing transactions in transaction history. So, if you see a red minus sign, it means that the specified amount of cryptocurrency has been sent out from your account.
  • avatarNov 27, 2021 · 3 years ago
    When you see a red minus sign next to a cryptocurrency transaction, it simply means that the transaction amount has been subtracted from your account balance. It's nothing to worry about; it's just a way to visually represent outgoing transactions. If you're sending cryptocurrency to someone or making a payment, you'll see this symbol to indicate that the specified amount has been deducted from your account.
  • avatarNov 27, 2021 · 3 years ago
    Ah, the infamous red minus sign! Seeing that next to a cryptocurrency transaction can be a bit alarming, but fear not! It's just a way to show that the transaction is an outgoing one. So, if you see a red minus sign, it means that you've sent cryptocurrency from your account. It's a common symbol used by many platforms, including BYDFi, to indicate outgoing transactions. No need to panic, everything is working as it should!