Home FAQ DCA bot 07-Received insufficient funds notification but there are funds in account

DCA bot 07-Received insufficient funds notification but there are funds in account

Last updated on Aug 16, 2024

Received insufficient funds notification but there are funds in account

Fully funded account usually does not mean sufficient funds are available.You need to confirm whether the available quantity of the coin required by the bot to place an order is sufficient.For example, you create a DCA bot that shorts BTC spot.But your account only has USDT, at this time you will not be able to place the order successfully. Because you need to sell your BTC at a high price first and buy it back at a low price.

When your bot has active deals on multiple trading pairs, each trading pair will occupy a part of the funds, which will make your funds used very quickly. At the same time, you also need to pay attention to whether there are other funds occupied.

Any trade that creates a limit order, including DCA bots / smart trading / Grid bots will occupy funds