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Binance BNB % min protection

Open WarriorWithin opened this issue 4 years ago • 4 comments

BNB trading in binance could be a little problematic due to fact that BNB is used as fee payments by many users to benefit a discount over trading fees. If bot keeps selling BNB till you have none, binance will start using base currency (btc or usdt or whatever) as fee currency, so user will not be able to benefit the fee discount using BNB as fee currency.

A solution could be allow user to set a minimun % of available BNB which will be piggy bank for fees reasons and not being traded.

WarriorWithin avatar Mar 30 '21 14:03 WarriorWithin

Hello @WarriorWithin, that's a good idea. If you don't want BNB to be traded by OctoBot, in the current version, you have to prevent adding BNB pairs. But that's not a convenient solution and I like yours. Can you add your suggestion to feedback.octobot.online please ?

Herklos avatar Mar 30 '21 14:03 Herklos

Thanks @WarriorWithin ! https://feedback.octobot.online/posts/38/binance-bnb-min-protection

Herklos avatar Mar 30 '21 14:03 Herklos

Thanks to you @Herklos

WarriorWithin avatar Mar 30 '21 14:03 WarriorWithin

Maybe add this feature for all coins, not just BNB?

omicronns avatar Jun 02 '21 20:06 omicronns