I+(8̴8̴8̴_ƻƻ9̴_7̴5̴6̴I)How to see balances available for new orders | Kraken
**How to Check Your Available Balances for New Orders on Kraken**
**Introduction**
If you're trading cryptocurrencies on Kraken, it's important to know your available balances. Sometimes, your total balance can be different from what you can actually use for new trades. This guide will help you understand how to check, manage, and solve any issues with your balances on Kraken.
**Types of Balances on Kraken**
Kraken shows three types of balances that every trader should know:
1. **Total Balance** - All your holdings combined
2. **Available Balance** - Funds you can use right now
3. **Hold Balance** - Funds put aside for open orders or pending transactions
*Example:*
- You deposit 1 BTC
- Place a buy order for 0.4 BTC
- Your balances will look like this:
- Total: 1 BTC
- Hold: 0.4 BTC
- Available: 0.6 BTC
**How to Check Your Balances**
**On the Kraken Website**
1. Log in to your account
2. Go to Funding > Balances
3. Find your asset
4. Check the Available column
**Using the Kraken Mobile App**
1. Open the app
2. Hit Account at the bottom
3. Tap on Balances
4. Look at the Available amounts for each asset
**In Kraken Pro**
1. Go to Trade > Kraken Pro
2. Look for the asset panel on the right
3. Check the Available balance
**Why Your Available Balance Might Be Lower Than You Think**
**Common Reasons and Fixes**
| Reason | Fix | Typical Time to Resolve |
|--------|-----|-------------------------|
| Open orders | Cancel extra orders | Right away |
| Pending deposits | Wait for completion | 10 minutes to 5 days |
| Staked assets | Unstake them | 1 to 7 days |
| Margin collateral | Close positions | Right away |
| Security holds | Contact support | 1 to 3 days |
**Steps to Free Up Your Balance**
1. **Cancel Open Orders**
- Go to Orders > Open Orders
- Choose orders to cancel
- Confirm the cancellation
2. **Check Deposit Status**
- Go to Funding > History
- Look for transaction confirmations
3. **Unstake Locked Funds**
- Go to the Earn dashboard
- Select Staked Assets
- Start the unstaking process
4. **Adjust Margin Positions**
- Open Margin Positions
- Change collateral amounts or close positions
**Tips for Managing Your Balances**
- **Set Balance Alerts**: Use notifications to keep track of when funds become available
- **Schedule Trades**: Plan around know hold times, like staking unlocks
- **Use the Portfolio View**: The Kraken Pro interface gives you a clear look at your available funds
**FAQs**
**Q: Why is my available balance showing zero?**
A: It usually means your funds are tied up in open orders, staked, or used as margin collateral. Check those areas first.
**Q: How long do fiat deposits take?**
A: Bank transfers typically take 1 to 5 business days, while credit card transactions are usually instant.
**Q: Can I make crypto deposits available faster?**
A: No, Kraken has to wait for confirmations on the blockchain. Bitcoin needs 2 confirmations (about 20 minutes), while Ethereum needs 12 (around 5 minutes).
**Q: Why isn't my staked balance available?**
A: Staked funds are locked until you unstake them, which can take up to 7 days.
**Q: How can I find out why funds are on hold?**
A: Go to Account > Balance Holds for details on each hold.
**Q: Are there minimum balance requirements?**
A: Yes, especially for margin trading. Check the requirements for each asset on Kraken.
**Q: What if my balances don't update?**
A: Try refreshing the page. If that doesn't work, clear your cache or reach out to support with screenshots.
**Troubleshooting Missing Balances**
If you can't see your funds as expected:
1. Check the transaction on a blockchain explorer
2. Look at Kraken's status page for any outages
3. Wait at least 2 hours for updates
4. If still not resolved, contact support with:
- Transaction IDs
- Screenshots
- Exact times of your transactions
**Best Practices for Managing Your Balances**
1. **Regularly check your balances** against your external records
2. **Plan for staking lock-up periods**
3. **Use tags/memos wisely** for deposits
4. **Keep an eye on confirmation times** during busy network times
5. **Spread out your assets** to avoid issues with liquidity
**Conclusion**
Understanding how to see your balance availability on Kraken helps you avoid losing out on trades due to locked funds. By knowing the different types of balances, checking them regularly, and freeing up any held funds, you can trade more confidently. Remember, some holds and confirmations are necessary for keeping your assets safe, even though they might slow down access sometimes.
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