Convert small balance to BNB - Githubissues

chrisleekr / binance-trading-bot

Automated Binance trading bot - Trade multiple cryptocurrencies. Buy low/sell high with Grid Trading. Integrated with TradingView technical analysis

MIT License

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Convert small balance to BNB #344

Open thesam1545 opened 2 years ago

thesam1545 commented 2 years ago

Version

v0.0.79

Description

In my account I have 5 or 6 coins that have 0.05€ to 0.95€ worth in amount. I want to get rid of them. Sometimes I press the Convert small balance to BNB and the bot detects these coins. However, when I press to proceed conversion it gives an error that I don't remember right now... Sometimes it don't detects these coins at all...

These coins are being managed by the bot and is the bot that leaves these small quantity of coins behind during trades... I also wonder if bot is looking for a sell opportunity for these coins that in my wallet worth so few or if it is looking for a buying opportunity. I am also confused because in my config I have parameter "Min purchase amount for USDT: 10" and "Sell quantity percentage for USDT: 1", so I don't understand why this happens.

ilbuonmarcio commented 2 years ago

Is that related to the recent change in BTC threshold price to 0.001? It's possible the code was not updated for that change.

Regarding small assets remaining in your wallet, it's completely normal, in all cases you try to sell 100% of coins but it will not be sold all of it due to market not buying it entirely, so don't worry. :)

ilbuonmarcio commented 2 years ago

One thing I do when I need to convert small assets to BNB is by doing it from Binance website directly, the changes will be replicated and handled properly in the bot after that.

thesam1545 commented 2 years ago

Is that related to the recent change in BTC threshold price to 0.001? It's possible the code was not updated for that change.

Regarding small assets remaining in your wallet, it's completely normal, in all cases you try to sell 100% of coins but it will not be sold all of it due to market not buying it entirely, so don't worry. :)

Ah ok thanks :D but what is the button Convert small balance to BNB used for? I thought it was for this purpose. As it always gives an error, I never saw what it does.

ilbuonmarcio commented 2 years ago

It is used to clear up small coins residual from trades :)

thesam1545 commented 2 years ago

One thing I do when I need to convert small assets to BNB is by doing it from Binance website directly, the changes will be replicated and handled properly in the bot after that.

Can you please tell me where in Binance I can do that conversion? The hyperlink maybe. It is not a big important issue but is always good to learn :D

ilbuonmarcio commented 2 years ago

It's also available in the Binance web view

thesam1545 commented 2 years ago

It's also available in the Binance web view

Thank you man

ilbuonmarcio commented 2 years ago

You're welcome :)

@chrisleekr do we need to change from 0.0003 BTC to the new value in the bot, as it was updated recently, right?

AFAIK by here https://academy.binance.com/en/articles/converting-dust-on-binance it's currently sitting at 0.001BTC

chrisleekr commented 2 years ago

I assume @ilbuonmarcio answered your question. Please close the issue.

Thanks @ilbuonmarcio