Is it normal for the balance to remain in Binance even after withdrawing?
I recently withdrew some funds from my Binance account, but I noticed that the balance still shows in my account. Is this normal? Shouldn't the balance be updated to reflect the withdrawal?
3 answers
- abdelrahman fouadOct 01, 2020 · 6 years agoYes, it is normal for the balance to remain in Binance even after withdrawing. The withdrawal process may take some time to complete, especially during periods of high network congestion. It is recommended to check the transaction status on the blockchain explorer to ensure that the withdrawal has been successfully processed.
- lc DhuvareOct 26, 2020 · 6 years agoDon't worry, it's quite common for the balance to still appear in your Binance account after making a withdrawal. This is because the withdrawal process involves multiple steps, including verification and confirmation on the blockchain. The balance will be updated once the withdrawal is fully processed. If you're concerned about the status of your withdrawal, you can contact Binance support for further assistance.
- Janaki ChennaJan 07, 2022 · 5 years agoYes, it is normal for the balance to remain in Binance even after withdrawing. Binance employs a multi-layered security system to ensure the safety of user funds. This includes additional checks and verifications to prevent unauthorized access to your account. The balance will be updated once the withdrawal is successfully processed. If you have any concerns or need further assistance, you can reach out to Binance customer support for clarification.
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