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Author Topic: Binance restore trades to one Coin  (Read 168 times)
Chantara (OP)
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September 11, 2024, 06:49:06 AM
Merited by hugeblack (4)
 #1

Hi,
sorry my ignorance I'm a bloody beginner. I currently made a... yes here it starts already. i had ETH =0.05 Then I went somewhere in Binance to Earn and clicked there something I don't remember. Now the asset is spread out on many coins. Some have values in 0.000005 or less. How can I gather my asset back to one coin? ETH.
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September 11, 2024, 07:45:45 AM
Merited by Chantara (1)
 #2

You do not see the money under spot or funding? But you should still be able to see it in overview. Click on wallet, then click on earn. You should be able to see you coins if you have used it for something like save and earn or staking etc. You can also stop the earning so that you can see the money under spot.

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September 11, 2024, 12:42:01 PM
Merited by Patikno (1)
 #3

[...] How can I gather my asset back to one coin? ETH.

First of all, i didn't know that Binance had such a feature, since you are also a newbie in crypto, i don't expect you to be able to explain the reason why your assets can be fragmented like that. Let's go straight to the solution, go to the home page of the Binance app -> click on the "More" menu -> go to the "Trade" section & select "Convert" -> do a manual conversion of the crypto you have to ethereum.

R


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September 11, 2024, 04:48:26 PM
 #4

[...] How can I gather my asset back to one coin? ETH.

First of all, i didn't know that Binance had such a feature, since you are also a newbie in crypto, i don't expect you to be able to explain the reason why your assets can be fragmented like that. Let's go straight to the solution, go to the home page of the Binance app -> click on the "More" menu -> go to the "Trade" section & select "Convert" -> do a manual conversion of the crypto you have to ethereum.

I am afraid that's possible because OP mentioned some got values too low so I am gonna assume that's below the minimum trading limit so it's only possible if OP purchase the coin more using via other coins then he has to convert them back all at once.



OP are you sure that you're on the official Binance app? There are lots of clones out there which could drain your wallet if you gave them the credentials of your Binance account.

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September 11, 2024, 05:37:26 PM
 #5

[...]
I am afraid that's possible because OP mentioned some got values too low so I am gonna assume that's below the minimum trading limit so it's only possible if OP purchase the coin more using via other coins then he has to convert them back all at once. [...]

I'm not sure what you're assuming, but it could happen. By the way, now we don't have to buy more to be able to convert it back to 1 coin from spot trading. Currently on Binance there is a convert feature which can convert any crypto asset to any crypto as long as the asset is supported by Binance. I think OP got the answer he wanted.

R


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September 11, 2024, 07:39:45 PM
 #6

Hi,
sorry my ignorance I'm a bloody beginner. I currently made a... yes here it starts already. i had ETH =0.05 Then I went somewhere in Binance to Earn and clicked there something I don't remember. Now the asset is spread out on many coins. Some have values in 0.000005 or less. How can I gather my asset back to one coin? ETH.

If your Ethereum was spread over other cryptocurrencies in their numbers, then you can just view the involved coins or tokens from the wallet assets because the ones you're having holdings on will the the top to display under your wallet/asset, then you may be able to trade them back to Ethereum it the values on each coin or token worth the minimum one can trade with ethereum, but your overall balance will still remain form the home page been displayed as your total holdings or asset value.
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September 11, 2024, 07:46:25 PM
 #7

How can I gather my asset back to one coin? ETH.
That's quite simple and easy on Binance, you should only go to assets > spot and convert in into ETH. Whenever I need to convert small amount of a coin into USDT to another coin then I simply do that via direct asset conversion and that doesn't have any fees.

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September 12, 2024, 03:54:35 AM
 #8

That's quite simple and easy on Binance, you should only go to assets > spot and convert in into ETH. Whenever I need to convert small amount of a coin into USDT to another coin then I simply do that via direct asset conversion and that doesn't have any fees.

The minimum trade on spot is $10, so doing it via spot is not a solution, what's more @OP said that his crypto is split into many cryptocurrencies, the only way is to convert directly, without fees & without the need to do it via spot trading even though the mechanism is are sales in the live market.

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September 12, 2024, 05:21:47 AM
 #9

I am not sure what happening with your ETH assets around 0.05 suddenly decreasing more lower values in your portfolio account, better checking firstly your fund overview and checking where are your assets located on future, spot or funding fund. Its better if you can show us all your portfolio assets in your account and giving proof with history transaction around few days later to understand what problem with your assets suddenly decreasing.

But in Binance have minimum amount for trading exactly in spot, you must spending minimum $10 for spot trading in Binance and less that amount you can't trade yet in Binance. If you have problem and not clearly solve better ask to costumer service and they will respond very soon to know what happen any possibility your account got hack or not.

 
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September 12, 2024, 07:44:25 AM
 #10

The minimum trade on spot is $10, so doing it via spot is not a solution, what's more @OP said that his crypto is split into many cryptocurrencies, the only way is to convert directly, without fees & without the need to do it via spot trading even though the mechanism is are sales in the live market.
I didn't say anything about spot trading, I said that he could easily convert his coins that are even in small values directly via asset conversion. You can access that feature on Binance easily by clicking on username icon and selecting assets and from there you can click on spot and then you'll be able to convert the coins easily into USDT or any other coin of your choice.

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September 12, 2024, 11:58:59 AM
 #11

You do not see the money under spot or funding? But you should still be able to see it in overview. Click on wallet, then click on earn. You should be able to see you coins if you have used it for something like save and earn or staking etc. You can also stop the earning so that you can see the money under spot.
Op seems unlearned to wallets. And then I think he must have swapped/converted the values of this 0.05 ETH to other coins which displays the value of the 0.000005 in different coin.

Since we don't know what coins had been been involved here, I think he needs a trusted experience wallet user that can physically help him or one trusted individual that he can share his device screen with by screenshots but then OP, be careful of your wallet privacies so that you don't get your seed phrase exposed if you find yourself one as ascribed.

But then if you can give yourself a self service, try click on the "trade" bar located below your screen and then click on "convert" located at the top-left of your screen.
Then you'll see those coins and their values, click on the coins with value set on convert "from" and click on max to input the total value of the assets and select click on "To" and then select ETH to revert those coins back to it initial asset (ETH).











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September 12, 2024, 12:20:22 PM
 #12

But in Binance have minimum amount for trading exactly in spot, you must spending minimum $10 for spot trading in Binance and less that amount you can't trade yet in Binance. If you have problem and not clearly solve better ask to costumer service and they will respond very soon to know what happen any possibility your account got hack or not.

You are right, but he doesn't have to contact customer service to move all his assets to one another, that can easily be done via convert feature.

I didn't say anything about spot trading, I said that he could easily convert his coins that are even in small values directly via asset conversion. You can access that feature on Binance easily by clicking on username icon and selecting assets and from there you can click on spot and then you'll be able to convert the coins easily into USDT or any other coin of your choice.

Know it, I just emphasized the answer to @OP when he saw our answers that he couldn't do it via spot trading because of the minimum trading amount, so he could do it from the convert feature.

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September 12, 2024, 05:16:49 PM
 #13

I hope you didn't give your acount API to any third party then they can trade without your permission.
Request a log of the account to see what you did then you can do the opposite or transfer all your assets back to Ethereum but it will be worth less than 0.05 in most cases.

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September 12, 2024, 05:33:28 PM
 #14

[...] How can I gather my asset back to one coin? ETH.

First of all, i didn't know that Binance had such a feature, since you are also a newbie in crypto, i don't expect you to be able to explain the reason why your assets can be fragmented like that. Let's go straight to the solution, go to the home page of the Binance app -> click on the "More" menu -> go to the "Trade" section & select "Convert" -> do a manual conversion of the crypto you have to ethereum.

I am afraid that's possible because OP mentioned some got values too low so I am gonna assume that's below the minimum trading limit so it's only possible if OP purchase the coin more using via other coins then he has to convert them back all at once.

@Pandorak is right because since he is a newbie into the platform he may not really no his way around the exchange to be able to locate all the various coins as it was fragmented so the best way to gather all the coins together is by going through binance normal convertion method because when he click on the convertion they will take him to a place were he will be able to see all coins that has amount inside, so from there he will convert all at once but although I don't no if binance will allow him to automatically convert into ETh because sometimes those convertion are all done on BNB, so perhaps he can choose whichever one and after converting he can decide to exchange it with the actual one he intended for.











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September 14, 2024, 10:18:00 AM
 #15

OP, I think you mean the earn of Binance and your ETH was on 'staked' either with any of these two;
1. Simple earn (flexible)
2. ETH Staking (fixed)
If your ETH was on simple earn then it is flexible and you can unstake it and take your 0.05 ETH on your balance. The little value that you are seeing is your interest/profit from simple earn.

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September 15, 2024, 10:20:06 PM
Merited by Chantara (1)
 #16

Guess you are new to the forum.
Repeating similar question is not allowed
You could have continued on your previous thread and to your question.
As long as your review is showing your original amount the. All you have to do is
Go to earn
Check the coins and click on redeem or transfer to spot
After doing this for all token.
There's a section in spot that allows the conversion of minute quantity of coins to another
In this case Ethereum.
Mind you this is possible if you used flexible and not fixed staking.

Or you could convert to Bitcoin to hold something safer preferably not on a CEX.

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September 20, 2024, 04:52:14 AM
 #17

Thanks all of you. It helped a lot. And I understand much more about Binance's interface now. For beginners I realy recommend to click thru the pages of Binance without initiate anything, just learning the tools and interface.
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September 20, 2024, 06:53:44 AM
 #18

Honestly I confuse spread out to many coins? I know they have a liquidity feature to break it on 2 like stable and the coin itself but by the sound of OP it seems more than 2? So I am quite confuse which feature or option did he click.

If you are a newbie and first time to use Binance, better to explore it first and dont just click too many things to try or better yet search for it on Youtube or Google how those works so you wouldnt be shocked when you split something and turns out to be like that.

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September 20, 2024, 07:53:52 AM
 #19

Honestly I confuse spread out to many coins? I know they have a liquidity feature to break it on 2 like stable and the coin itself but by the sound of OP it seems more than 2? So I am quite confuse which feature or option did he click.

If you are a newbie and first time to use Binance, better to explore it first and dont just click too many things to try or better yet search for it on Youtube or Google how those works so you wouldnt be shocked when you split something and turns out to be like that.

It's in the Simple Earn. When you choose a flexible subscription. The interest rate is low but I thought it's safe as long I don't understand the advanced art of investment. Redeem is always possible. In this way it spreads your asset among many coins.
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