How Coinwaka wallets work
How your balances, holds, and the ledger keep your funds safe and accurate.
Beginner 4 min readUpdated 5/27/2026
Your Coinwaka wallet holds your crypto and tracks every movement in an internal ledger.
How it's organized
- Each asset (BTC, USDT, ETH…) has its own balance.
- Every credit and debit is recorded as a ledger entry, so your balance is always traceable.
- Funds in active orders or P2P escrow are held — visible but not spendable until the order completes.
Custody
Coinwaka holds the keys on your behalf with cold-storage custody, withdrawal controls, and security checks. You control your funds through your verified, secured account.
Why balances move
Buying, selling, trading, deposits, withdrawals, and P2P all update your ledger in real time. See Understanding available, locked, and pending balances.