Daria shows a visible balance in her wallet (USD 120.48), but when trying to convert it to her local currency, the system indicates $0 available.
This creates confusion… but it has an explanation 👇
🔍 Why is this happening?
There are several possible causes, and it's almost always one of these:
🔹 1. The balance is NOT in the correct wallet
Binance has several types of wallets:
Spot Wallet
Funding Wallet (P2P)
Earn Wallet
Web3 / On-chain Wallet
📌 Many times the amount you see is:
In Earn (locked or generating yield), or
In Web3/on-chain, it does not convert directly to local currency.
👉 Solution:
Go to Wallet → Transfer and move the balance to Spot or Funding.
🔹 2. The balance is in a crypto, not in fiat
Although the value is shown in USD, the money may be in:
USDT
BUSD
another cryptocurrency
📌 To convert to local currency:
Must be in Funding for P2P, or
Sell on Spot first.
🔹 3. Incomplete or limited KYC
If the verification:
It is pending
It has expired
Or has restrictions
Binance can:
Show the balance
But block conversion or withdrawal
👉 Solution:
Profile → Verification → complete or update KYC.
🔹 4. Local currency not selected correctly
Sometimes the system:
Shows the balance in USD
But local currency for conversion is not set up
👉 Review: Profile → Preferences → Local currency.
✨ Conclusion
Just because you see a balance does NOT mean it's ready to be converted to local currency.
First, you need to verify:
✔️ Where is the money
✔️ What type of wallet
✔️ KYC Status
✔️ Correct method (Spot or P2P)
Calmly and orderly, the money can indeed be used
#Binance #Criptomonedas #Errorescomunes #ÁguilasDelTrueno
