Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Once Popular Coins (Graveyard) => Other Popular Cryptos / Coins => Zcash Forum => Topic started by: rukubaruku on October 15, 2021, 08:51:23 AM

Title: ZEC wallet shows 0.4 zec but in binance is shows 0
Post by: rukubaruku on October 15, 2021, 08:51:23 AM

Hello all,
I was checking my ZEC wallet address on binance and it shows in zcash explorer a balance of 0.4 ZEC, but in binace is 0. As i remember i have converted to btc time before.
Is this a real balance or transactions balance?

Title: Re: ZEC wallet shows 0.4 zec but in binance is shows 0
Post by: Jokers on October 15, 2021, 12:17:04 PM

A deposit wallet of an exchange is not your wallet, it is a wallet of exchange. So the only real balance is what shown in the exchange interface. What to do with the money on their wallets the exchange can deside by itself. They sometimes not withdraw funds immediatelly and hold them for months and years. ???

Title: Re: ZEC wallet shows 0.4 zec but in binance is shows 0
Post by: Jaephoenix on October 15, 2021, 10:08:34 PM

If the wallet is from the exchange, then not all the content may be yours. That is why you don't own the private key of that particular wallet. So the Binance balance is the real balance

Title: Re: ZEC wallet shows 0.4 zec but in binance is shows 0
Post by: pieppiep on October 16, 2021, 06:04:32 PM

maybe the Binance exchange does not support ZEC coins and of course there may also be a minimum limit for exchanging using Zec coins, if it can't be used for trading then you can leave it until the price becomes very expensive.