Account has insufficient balance for requested action.

Question

Account has insufficient balance for requested action.

mmeftah opened this issue 3 years ago · 1 comments

Hello,
thank you for your work. It appears that when I try the example code on Binance Spot (not the testnet) I have a BinanceApiException. Account has insufficient balance for requested action.

I am looking at testing the algorithm with 100 EUR and targeting ETH/EUR.

What should be the minimum initial cash ? Can it be a parameter (like in fastquant).

Thanks

Answer 1 · 2021-10-20T12:54:01.000Z

Hi @mmeftah,

1 - You must have EURO in your account.
PS.: When trading this symbol, for example you are buying ETH using your EUR balance. Check that the purchase amount (EUR) is not greater than your quote converted to EUR.