binance-trading-bot
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chrisleekr
feat: Automatic conversion to BNB using feature "Convert to small BNB assets"
Is your proposal related to a problem?
Being the tired human being I am, I usually forget to convert small useless remaining coins to BNB.
Describe the solution you'd like
Can we make a feature, configurable in the global configuration, and only handling coin pairs handled by the bot exclusively, and also lower than a certain USDT price and currently not in a trade nor with the last buy price set, to automagically convert to BNB every now and then using the feature already provided with the bot, but with a cron instead?
It should be default to disabled, and you need to explicitly enable it to get the desired effect.
Additional context
Me and @pedrohusky are currently discussing about it on Discord chat and getting suggestions and possible problems would be useful.
It should be not a big of a development effort on our side, but that can be a fine improvement to the bot automation in general, which I especially prefer :)
Oh, interesting.
But there are some issues with automating that.
If you are trading a small amount of quote assets like 10 USDT, then the coin is eligible for the dust transfer, which I don't want. The calculation for dust transfer is as below:
- https://github.com/chrisleekr/binance-trading-bot/blob/master/app/frontend/websocket/handlers/dust-transfer-get.js
- https://github.com/chrisleekr/binance-trading-bot/blob/master/app/cronjob/trailingTradeHelper/common.js#L89
Based on the Binance doc - https://academy.binance.com/en/articles/converting-dust-on-binance - you can execute dust transfer if the value is less than 0.001BTC, which I just found this is updated. Last time when I checked that document, it was 0.0003BTC.
Anyway, for small traders, this automation can cause unexpected results.
We were thinking about setting a maximum threshold for each quote, like 5 for USDT pairs, to handle this.
Right, that should resolve the issue. :+1:
As you can see from the official doc, it should be calculated against BTC to determine dust-transferable. So if you want to calculate with USDT (quote assets), then it may not correct way to achieve it.