Sold Iota, at Binance. But 0.056 Iota stays at the balance; Can't sell it. Why?

[Witte Haai]

Today I sold at Binance all of my Iota (for Eos). In the trade-screen, I choose 100% to sell. But 0.0562 Iota stays at the balance; I can't sell it. Why is that?

http://i65.tinypic.com/29mow3l.jpg

[mindrust]

Show us a screenshot first. Which exchange are you using?

It is probably you didn't sell all of your IOTA and some are still waiting in the order book waiting to be sold. (markets moved down before you succeeded the trade) If you cancel the order for the remaining IOTA's and resell from the market price you'll be able to dump all I believe.

[CodyAlfaridzi]

Probably because there's a minimum value to make a new order. What exchange are you using? IIRC in Binance you can only sell an asset that's worth minimum 0.001BTC

[Witte Haai]

I use Binance. In the trade-screen, I chose 100% to sell.

Sorry, I forgot to add that.
Posting an image, didn't succeed.

[mindrust]

I use Binance. In the trade-screen, I chose 100% to sell.

Sorry, I forgot to add that.

Then it happened like what CodyAlfaridzi guessed.  0.05 IOTA is too small to be included in a trade. You can convert your leftover IOTA's to BNB and if you happen to own a considerably big stash of BNB's you can convert them again to your coin of liking.

Go here:
https://www.binance.com/userCenter/balances.html

Click on "Convert to BNB"

[Witte Haai]

Great; Thanx, for the quick answers !

[TheHas]

Yea sounds like amount is too small.

Thankfully, they have a convert small balance to BNB function (at the top when you're on the Balance screen), and BNB is always useful to reduce trading fees.

These residual tiny amounts of coins worth a handful of cents stuck on exchanges are sometimes called 'dust'. It is a really useful function of Binance to allow you to clean up the dust for BNB.