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How to Check Balance on Binance App: A Step-by-Step Guide
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Binance, one of the largest cryptocurrency exchanges in the world, has made it incredibly easy for users to check their balance on the Binance app. Whether you are a beginner or an experienced trader, knowing how to check your balance is crucial for managing your assets effectively. In this article, we will provide a step-by-step guide on how to check balance on the Binance app.
Step 1: Download and Install the Binance App
The first step to check your balance on the Binance app is to download and install it on your smartphone. You can find the app on the Google Play Store for Android users and the Apple App Store for iOS users. Once downloaded, open the app and sign in with your Binance account credentials.
Step 2: Navigate to the Portfolio Section
After logging in, you will see a menu bar at the bottom of the screen. Tap on the "Portfolio" option to access your account balance. This section provides an overview of your assets, including cryptocurrencies, fiat currencies, and other digital assets.
Step 3: View Your Account Balance
Once you are in the Portfolio section, you will see a list of all the assets you hold in your Binance account. The app displays the total balance of each asset, including the amount available for trading and the amount locked in orders or trades. To view the balance of a specific asset, simply tap on the asset name.
Step 4: Check Detailed Balance Information
When you tap on an asset, you will be taken to a detailed view of your balance. This page will show you the following information:
- Total Balance: The total amount of the asset you hold in your account.
- Available Balance: The amount of the asset that is available for trading or withdrawal.
- Held Balance: The amount of the asset that is currently locked in orders or trades.
Step 5: Use the Search Function
If you have a large number of assets in your account, you can use the search function to quickly find the balance of a specific asset. Simply tap on the magnifying glass icon at the top of the screen and enter the name of the asset you want to check.
Step 6: Check Your Portfolio Summary
In addition to checking the balance of individual assets, you can also view your portfolio summary. This summary provides an overview of your total account balance, including the value of your assets in both fiat and cryptocurrency terms.
Conclusion
Checking your balance on the Binance app is a straightforward process that can be completed in just a few steps. By following the guide provided in this article, you can easily view your account balance, including the total value of your assets, available balance, and held balance. Remember to regularly check your balance to stay informed about your assets and make informed trading decisions.
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