How do I "Sweep Dust" and what does it mean?

When actively trading on Bitcoin & Cryptocurrency Exchanges, you may be left with a very small amount of a specific currency. 

For example, if you attempt to sell 100% of an asset, but only 99% of the trade is fulfilled, or- if you hold a small balance of a currency, and the currency is then de-listed by the exchange, you may be left with what is referred to as "dust".

"Dust" is usually a minute amount of a cryptocurrency that remains in your balance, and is untradeable due to not meeting the minimum quantity threshold for trading, or the currency being delisted from an exchange (but your balance still reflects the small amount you hold).

Coinigy allows you to "Sweep" this dust amount which completely hides this currency's balances from both your Balances view as well as the Trading view. 

Once you sweep dust, it will be hidden from Coinigy until you "restore" the balance through your account, regardless of the amount of the asset. For example, if you sweep 0.00001 of ARCHcoin, even if you receive 1,000 ARCH, later on, the balance on that coin is still swept and will not reflect in your balances until you restore it.

 

1. To sweep dust on a specific currency within Coinigy, log into your Coinigy account and visit the Balances page.

 

2. Then, select only one exchange from the list (to enable dust to hide/show) and click "Sweep Dust" next to the currency you'd like to hide. 

* If you wish to recover your dust balance, later on, repeat steps 1 and 2, but click "Recover" next to the previously hidden currency. You may have to change the 'show dust' option in the upper right to 'yes', and click on 'Recover' at the far right of each token you wish to trade or view"

 

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Interested in checking out the most advanced, stable, and secure Bitcoin trading tools on the planet, including the ability to trade on 45+ exchanges through one system? Click here to test-drive Coinigy.com for 30 days, with no obligation or payment information required.

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