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How can I resolve the issue of insufficient balance on Binance while trying to sell Ethereum?

avatarAbdelbasset HennaJan 01, 2022 · 3 years ago4 answers

I'm facing an issue with insufficient balance on Binance while trying to sell my Ethereum. Whenever I try to sell, I receive an error message stating that I don't have enough funds. How can I resolve this problem and successfully sell my Ethereum on Binance?

How can I resolve the issue of insufficient balance on Binance while trying to sell Ethereum?

4 answers

  • avatarJan 01, 2022 · 3 years ago
    One possible reason for this issue is that you might have placed a limit order to sell your Ethereum at a higher price than the current market price. In such cases, your order will not be executed until the market price reaches your specified price. To resolve this, you can either cancel your existing limit order and place a new market order to sell your Ethereum at the current market price, or you can adjust the price of your limit order to match the current market price.
  • avatarJan 01, 2022 · 3 years ago
    Insufficient balance can also occur if you have any open orders or pending transactions that are using a portion of your Ethereum balance. Make sure to check if you have any open orders or pending transactions and cancel or complete them if necessary. This will free up your Ethereum balance and allow you to sell it without any issues.
  • avatarJan 01, 2022 · 3 years ago
    If you're still facing the issue of insufficient balance on Binance, it's possible that there might be a temporary glitch or technical issue on the platform. In such cases, it's best to reach out to Binance customer support for assistance. They will be able to investigate the issue further and provide you with a solution. You can contact Binance customer support through their website or mobile app.
  • avatarJan 01, 2022 · 3 years ago
    At BYDFi, we understand the frustration of facing insufficient balance issues while trading cryptocurrencies. Our platform is designed to provide a seamless trading experience with no balance-related issues. If you're looking for an alternative to Binance, you can consider trying out BYDFi. We offer a user-friendly interface, competitive fees, and a wide range of cryptocurrencies to trade. Sign up today and start trading without any balance issues!