Why is my available balance less than my wallet balance?
When you send or exchange assets in Exodus, you can at maximum send only your 'Available' balance. This balance can be different than your wallet balance for the following reasons:
- The available balance subtracts network fees required to send a transaction. For example, if you have $5 USD in Bitcoin, and the fee is $3 USD to send Bitcoin, you will see $2 USD as the available balance. Fees are paid to individual networks (Bitcoin, Ethereum, etc.) to deliver transactions - they are not kept by Exodus.
- Unconfirmed transactions are marked with a PENDING tag in the transaction list. Pending deposits cannot be spent until they are confirmed.
Each time you send a blockchain asset, a transaction fee must be included to ensure your payment is processed by the network and reaches the destination. These fees are paid to each asset's miners (Bitcoin, Ethereum, etc.), they are not kept by Exodus.
Find more information here: http://support.exodus.io/article/68-does-exodus-have-fees-to-send-or-receive
If you are looking to minimize transaction fees, less popular networks have lower transaction fees. Today Litecoin, Dash or Ethereum fees are much less than Bitcoin.
In this example, there is 0.08435608 BTC in this Bitcoin wallet:
However, the most that this wallet could exchange would be 0.083886 BTC, since the network fee would deduct 0.00047 BTC