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Author Topic: Can't sell coin from Binance  (Read 140 times)
Radius111 (OP)
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January 21, 2018, 05:33:24 PM
 #1

Hi,

I am pretty new to the world of cryptocurrencies and I ask this question here because of the delayed response time from Binance and I can't wait that long since time = money in this game

I bought 1 VEN at the wrong time. Price went straight down from its peak (peak until now)
Now I have 0.99900000 VEN on my Balance. I want to sell it for ETH but the minimum amount that I can sell is 1 VEN.

Somehow I can't buy 0,1 VEN to make a total of 1 VEN because the minimum buy-amount is 1 VEN. I dont wan't to buy another 1 VEN because of the price that's quite high.
I bought the ven for around $ 8,50. Price is now $ 7,50

I wan't to trade my 0.999000000 VEN but I can't because the minimum amount for trading and buying is 1 VEN.

Can my 0.999000000 become 1 VEN when the price goes higher than my buying price of 8,50?
If not, any other way to trade my VEN to ETH?

Thanks!
Vit83
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January 21, 2018, 05:41:45 PM
 #2

Is there so big spread beetwin bid and ask? Why just dont bought 1 and sell everything? U will loose just spread and comission.

Radius111 (OP)
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January 21, 2018, 06:13:26 PM
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Is there so big spread beetwin bid and ask? Why just dont bought 1 and sell everything? U will loose just spread and comission.

That's an idea.

Any chances my VEN balance will go to 1 VEN when the price peaks high?  Or does my 0.99900000 VEN stay 0.99900000 if the price goes up?

In other words, is the value of my balance of 0.99900000 dependent on the actual VEN price?

THanks
Profuter
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January 21, 2018, 06:15:11 PM
 #4

Can my 0.999000000 become 1 VEN when the price goes higher than my buying price of 8,50?
If not, any other way to trade my VEN to ETH?

Thanks!
You already have tokens at the exchange. How their quantity can change from fluctuations in price if you don't buy additional tokens or sell them?  It's nonsense Smiley  Try other exchanges or try to add 0,1 VEN through an exchanger
Radius111 (OP)
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January 27, 2018, 09:21:52 AM
 #5

Can my 0.999000000 become 1 VEN when the price goes higher than my buying price of 8,50?
If not, any other way to trade my VEN to ETH?

Thanks!
You already have tokens at the exchange. How their quantity can change from fluctuations in price if you don't buy additional tokens or sell them?  It's nonsense Smiley  Try other exchanges or try to add 0,1 VEN through an exchanger

Hi Thanks for your answer,
When you say:  Try other exchanges or try to add 0,1 VEN through an exchanger, do you mean I Binance itself?
Never heard of an Exchanger before, where can I find it? It is not showing up on google search.
Bouriffe
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January 27, 2018, 10:19:10 AM
 #6

Yes small amount positions are an issue but I guess this is not specific to Binance. I do not see any other solution than the one already suggested: If low bid/ask spread then a quick extra 0.1 Buy followed by a 100% Sell.

Also good to know that depending on the crypto pair you are using it is impossible to completely close a position due to rounding effect so you have a small pending balance on your Binance account (Untick "Hide Small Assets" if you want to display it)

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fallensky7
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January 27, 2018, 05:59:45 PM
 #7

Your 0.999 Ven will not become 1 Ven because of the increase in the price of a coin. In order for it to become 1, you need to sell high and buy cheap.But you can not sell. The only option is to add the missing Ven to sell.
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