WHAT IS UNREALIZED PNL AND HOW TO CASH OUT YOUR PROFITS ON BINANCE?
Have you gone into your Binance wallet, seen a green number that says Unrealized PNL +$100, and when you try to spend it, you can’t? 😅
It’s happened to all of us at the beginning. I’ll explain in plain language what that number means and the exact steps you need to turn it into real money in your pocket.
🟢 What is Unrealized PNL?
Unrealized PNL is your "paper" gain or loss. In other words, the value of your crypto has gone up or down, but since your position is still open, that profit isn’t final.