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Author Topic: "small assests" on Binance  (Read 142 times)
Crypto-Bee (OP)
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February 14, 2018, 04:34:45 PM
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I'm wondering just what the hell is it: when you trade on Binance, you cannot trade your full amount of coin and some amount is kept for every coin you trade.
Is there possibly a way to get rid of it?
I searched the web and they proposed a solution: to trade the coin with BNB, but even with this solution the problem still exists.
yinyangwinwang
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February 14, 2018, 05:18:37 PM
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Don't know but are you really upset at not being able to trade a few cents? That literally won't make or break you, what is more important is how successful your actual trade is. Focus on this imo rather than the "small asset" part Smiley.

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Milamol
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February 14, 2018, 05:42:59 PM
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Don't know but are you really upset at not being able to trade a few cents? That literally won't make or break you, what is more important is how successful your actual trade is. Focus on this imo rather than the "small asset" part Smiley.

You're right.
On the other hand, many users in each coin will leave their "small asset" part. Someday Binance will get a some profit from this)

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dulari1
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February 14, 2018, 06:37:54 PM
 #4

Don't know but are you really upset at not being able to trade a few cents? That literally won't make or break you, what is more important is how successful your actual trade is. Focus on this imo rather than the "small asset" part Smiley.

but this small asset many times have worth more than 2-3$ , for a crypto investor it is not worth .
but for some users it is not a ignorable amount . binance should increase decimal point for trades .

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Julen
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February 14, 2018, 07:17:58 PM
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it would be nice if there would be an option to trade all the dust into BNB at the click of a button for sure
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February 14, 2018, 08:40:09 PM
 #6

LOL. I'm also having the same problem with you when I traded on Binance exchange. I feel like it's a exchange for rich people only cause rich people often don't care about small amount of money. LOL. With Bittrex we can trade with full amount of coin although it's small but Binance is not the same. I think we need to trade again and again to make the small assests is not small anymore Smiley)

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February 14, 2018, 08:48:00 PM
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it would be nice if there would be an option to trade all the dust into BNB at the click of a button for sure

Agreed!

Binance and Kucoin both do this and I can see why.  Also, they distribute airdrops and stake output of some coins so the need to "clean" is probably not too high in their list.  I also read that many people abuse small transactions (when playing the market to either pump or drop the price) that the exchange actually lose on those.

I do hope they can find a good system to address this because those pennies do add up.
okan
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February 14, 2018, 08:56:41 PM
 #8

I'm wondering just what the hell is it: when you trade on Binance, you cannot trade your full amount of coin and some amount is kept for every coin you trade.
Is there possibly a way to get rid of it?
I searched the web and they proposed a solution: to trade the coin with BNB, but even with this solution the problem still exists.

yes there are. take some more from those assets. and sell them all.

you can save your oins by this way.
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