diff --git a/src/wallet/wallet.cpp b/src/wallet/wallet.cpp
index cd1a37e3e..c0a650f87 100644
--- a/src/wallet/wallet.cpp
+++ b/src/wallet/wallet.cpp
@@ -2252,46 +2252,6 @@ CAmount CWallet::GetImmatureWatchOnlyBalance() const
     return nTotal;
 }
 
-// Calculate total balance in a different way from GetBalance. The biggest
-// difference is that GetBalance sums up all unspent TxOuts paying to the
-// wallet, while this sums up both spent and unspent TxOuts paying to the
-// wallet, and then subtracts the values of TxIns spending from the wallet. This
-// also has fewer restrictions on which unconfirmed transactions are considered
-// trusted.
-CAmount CWallet::GetLegacyBalance(const isminefilter& filter, int minDepth) const
-{
-    auto locked_chain = chain().lock();
-    LOCK(cs_wallet);
-
-    CAmount balance = 0;
-    for (const auto& entry : mapWallet) {
-        const CWalletTx& wtx = entry.second;
-        const int depth = wtx.GetDepthInMainChain(*locked_chain);
-        if (depth < 0 || !locked_chain->checkFinalTx(*wtx.tx) || wtx.IsImmatureCoinBase(*locked_chain)) {
-            continue;
-        }
-
-        // Loop through tx outputs and add incoming payments. For outgoing txs,
-        // treat change outputs specially, as part of the amount debited.
-        CAmount debit = wtx.GetDebit(filter);
-        const bool outgoing = debit > 0;
-        for (const CTxOut& out : wtx.tx->vout) {
-            if (outgoing && IsChange(out)) {
-                debit -= out.nValue;
-            } else if (IsMine(out) & filter && depth >= minDepth) {
-                balance += out.nValue;
-            }
-        }
-
-        // For outgoing txs, subtract amount debited.
-        if (outgoing) {
-            balance -= debit;
-        }
-    }
-
-    return balance;
-}
-
 CAmount CWallet::GetAvailableBalance(const CCoinControl* coinControl) const
 {
     auto locked_chain = chain().lock();
diff --git a/src/wallet/wallet.h b/src/wallet/wallet.h
index ea196c879..4eedf37da 100644
--- a/src/wallet/wallet.h
+++ b/src/wallet/wallet.h
@@ -950,7 +950,6 @@ public:
     CAmount GetImmatureBalance() const;
     CAmount GetUnconfirmedWatchOnlyBalance() const;
     CAmount GetImmatureWatchOnlyBalance() const;
-    CAmount GetLegacyBalance(const isminefilter& filter, int minDepth) const;
     CAmount GetAvailableBalance(const CCoinControl* coinControl = nullptr) const;
 
     OutputType TransactionChangeType(OutputType change_type, const std::vector<CRecipient>& vecSend);