Non-spendable balance in cryptocurrency refers to a portion of funds that cannot be directly used for transactions. This typically occurs when funds are received but are subject to certain conditions or restrictions, making them temporarily non-spendable.
For example, if a transaction is pending confirmation or if a specific time period needs to pass before the funds can be spent, the balance will be considered non-spendable during this time.
In simple terms, a non-spendable balance is like having money in your account that you can see but cannot use until certain requirements are met. It is a way to ensure the security and integrity of transactions within the cryptocurrency network.
Overall, non-spendable balances play a crucial role in maintaining the trust and reliability of the cryptocurrency system by enforcing rules and restrictions on funds until they are deemed safe and valid for spending.
