Bitcoin Forum

Does anyone knows a way (using a bot perhaps) that I can set multiple buy orders, without blocking my balance?

The use case is:

- I have x amount of money
- I would like to buy ANY of the 10 coins for all my money, if the price drops a certain % from the current price.

I know you cannot do it on Binance directly. Any bot or service that can do that?

I think it you can't do that, because it is impossible to place two orders with your all money.

If your coins are not locked, as a seller, how the buyer will receive the amount of coin he/she buy from you?

Exchange must lock your coin when you set a sell or buy orders and when you open your leverage trades. To make sure that exchange will get your coins and you don't use 0 balance to trade, they must lock your coins in Cross or Isolated margin account, then you can use those amount with leverages and trade.

Your second question: If you use 1 BTC to buy 10 coins with the total fund is 1 BTC for each coin, it means the total values of your total 10 buy orders are 10 BTC. Have and use 1 but want to buy 10, it is not acceptable with Spot trading. With leverage trading, you can with 10x leverage but Spot or Leverage, your initial 1 BTC must be locked.

not true... he wants to buy ANY coin for that "1" BTC and is not talking bout leverage. The exchanges features cannot be considered as the OP is clearly aware of those limits and asking for a bot. The bot would need to be capable of analyzing the 10 currencies at the values the OP sets, and WHEN one of them triggers, place a buy order. There should be bots available to do this and i'd like to know which ones too, pretty good idea OP!

A pixel bot should do the job