Insufficient Balance Error

Written By Ehsaan XP

Last updated 5 months ago

We want to clarify that this issue is unrelated to Binance's fee requirements. If your Binance account is configured to take BNB trading fees by default, you may have received this error if you did not have enough BNB available for taker fees. Alternatively, the exchange may have been unable to deduct the required fee from your base or quote currency during trade execution.

To solve this issue, we recommend the following steps:

If your account is configured to take trading fees in BNB, please make sure to keep some amount of BNB available on your spot wallet on Binance.

If your account is not enabled to take the BNB fee, in that case, fees will be taken either from your base or quote currency. In such a case, please make sure you have some funds always available on base/quote currency.

You can check your Binance account's exchange fee configuration by following the guide on Binance's website: https://www.binance.com/en/support/faq/how-to-use-bnb-to-pay-for-fees-and-earn-25-discount-115000583311

We are also working to improve our notification system and provide better insights on our platform to help you better understand and resolve any potential issues related to Binance's fee requirements.

We appreciate your patience and understanding as we work with Binance to improve your trading experience. If you have any further questions or concerns, please do not hesitate to contact our support team.

Disclaimer: Trading involves significant financial risk and can result in substantial losses. Past performance does not guarantee future results. SageMaster does not provide financial advice. Users should ensure compliance with local regulations.