I have some bitcoins in an exchange and I found today that, without any transactions being made, the quantity has gone down.
I have contacted the exchange who have said:
the balance varies according to the prices that are floating
Is this correct? In my view the quantity of bitcoins I have should not fluctuate, only the value of said coins. Or am I missing something?
Any explanations would be great!
That is not something happens normally with bitcoins you have in a exchange even if the price of bitcoin drops or grows, that only increases the value of the coins you have as you mentioned, if the amount of bitcoins you had in the exchange decreased then you should take your coins out of that exchange as their must be something wrong with their exchange.