Why is my balance still visible in Binance when I transfer it out?

3 answers

• Dec 15, 2021 · 3 years ago
  When you transfer your balance out of Binance, it may take some time for the transaction to be confirmed and reflected in your account. The blockchain network needs to validate the transaction, which can take a few minutes to several hours depending on the network congestion. During this time, your balance may still appear in your Binance account. Once the transaction is confirmed, your balance will be updated accordingly.
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• Dec 15, 2021 · 3 years ago
  Don't worry, it's normal to see your balance in Binance even after you've transferred it out. The blockchain network requires a certain number of confirmations before the transaction is considered final. Until then, Binance will still display your balance. The number of confirmations required varies depending on the cryptocurrency you're transferring. Just be patient, and your balance will disappear from Binance once the transaction is fully confirmed.
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• Dec 15, 2021 · 3 years ago
  When you transfer your balance out of Binance, it may still be visible in your account due to the way Binance handles transactions. Binance uses a system called 'hot wallets' to facilitate withdrawals, which means that a certain amount of cryptocurrency is always kept in the hot wallet to ensure quick and easy withdrawals. This allows Binance to process withdrawal requests faster, but it also means that your balance may still be visible in your account until the hot wallet is updated. Rest assured that your balance is safe and will be updated once the hot wallet is synchronized with the blockchain network.
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