Topic: Token trade problem - page 2. (Read 251 times)
Token trade problem has been around where people will trade their tokens and have leftovers that they couldn't sell. To overcome this problem, exchanges implemented convert to dust option. Convert to dust function is there in most exchanges to turn your coin into exchange token. You can leave them or turn them into exchange token and use them to trade.
Can you be more specific with what you mean here?
That's leftover. Don't sweat those are just tiny amounts. I have also those tokens if you are in the Binance account you can turn them into BNB. But if you trade on Uniswap, it will just tokens will be leftovers there. It's not worth sending though because the transaction fee is worth than the value of the leftovers. Just leave it. We all have wallets where there are fraction of tokens on it.
Those are dust amounts and I feel you with that problem but there's nothing we can do with that even if we're setting to send the whole amount to exchanges or our wallets, there's always the instance that it will leave some dust amounts. Well, just get used to it and it's not really a big problem that you should be problematic about. If it's just worth a centavo or just a few dollars then leave it there for good or waste some amounts for the fee but as said, just leave it there and don't be too anxious with that.
Do you really care about leftover tokens that are valued at thousandths of cents?
A lot of times this happens with tokens that are invaluable. Because an exchange cannot put a price for it, it should be left there.
No worries though, they will keep it there and if somehow the value of it grows then you can still withdraw it as long as the exchange is still up and running.
A lot of times this happens with tokens that are invaluable. Because an exchange cannot put a price for it, it should be left there.
No worries though, they will keep it there and if somehow the value of it grows then you can still withdraw it as long as the exchange is still up and running.
When I trade a token, some part of that token remains. This is what happens when almost all tokens are traded. Especially on the exchange side.
My question is can the whole token be returned? If so, tell me.
it happened all the time mate when trading different coin wherein there's a remaining cents like for expample $0.02 and even you spend the entire balance you have to another coins you will always see a cents in it. That's why sometime i came back after trading different alts just to get all those cents, lol because you know even it's just a cents it's still a money. My question is can the whole token be returned? If so, tell me.
Tokens are calculated in fraction and as such it depends on the available quantity. Most times the left over token on the exchange is due to conversion rates and inorder to avoid complexity in exchanges some fraction of the token is left and if by any means you try returning the said token back to the exchange a transaction fee is taken again and might still leave some fraction back on the exchange.
When I trade a token, some part of that token remains. This is what happens when almost all tokens are traded. Especially on the exchange side.
My question is can the whole token be returned? If so, tell me.
Some exchanges don't allow to trade in decimal points or they have minimum trade limit to order a trade so you always need to create trade order with exact amount you have or better click sell all then you won't see any dust amount. And some of the exchange also have dust conversion so you can convert dust amount into their exchange's tokens which can be later used for various purposes. My question is can the whole token be returned? If so, tell me.
When I trade a token, some part of that token remains. This is what happens when almost all tokens are traded. Especially on the exchange side.
It's rather unclear what could be your case.
* There are the fees you have to pay for transaction. Here the small amount is received by the exchange for their services. It's spent.
* There are minimum trade amounts and if you try to fill others' small orders one by one you'll end up under the minimum trading amount. That dust will add to your next deposit and it's not necessarily lost.
* Some exchanges use 10 decimal point, some use 8, some use only 4-6 and the rest remains unused. Again, that dust will add to your next deposit and it's not necessarily lost.
Executing buy and sell orders is often accompanied by deducting some platform fees. To execute the order correctly, small portions of the order value remain in your account.
Some platforms provide the advantage of converting all small quantities of "dust" into a specific currency/coin. For example, binace enables you to convert it to BNB.
Amounts in the form of dust are supposed to be small and not to exceed a few cents.
Some platforms provide the advantage of converting all small quantities of "dust" into a specific currency/coin. For example, binace enables you to convert it to BNB.
Amounts in the form of dust are supposed to be small and not to exceed a few cents.
When trading, some amount of token is left which is very small. I can't trade complete token. The amount that remains is never like trading next time, very little.[Cherylstar86] as he said.
There's nothing you can do with those besides converting the small amounts(frequently referred to as "dust"); just like what I've said with my previous reply. But really, just leave them there. It's not like you're missing out on huge amounts of money.
Can you be more specific with what you mean here?
When I trade a token, some part of that token remains. This is what happens when almost all tokens are traded. Especially on the exchange side.
My question is can the whole token be returned? If so, tell me.
My question is can the whole token be returned? If so, tell me.
I once encountered that concern, but it made me realized that small quantities of tokens usually the small decimal won't be traded. But don't you worry on that matter my friend I believed it won't rob your for a dollar because that amount is really cheap.
You can't withdraw that token or return to your external wallet because there's a minimum withdrawal for every tokens listed on exchange sites.
My question is can the whole token be returned? If so, tell me.
Can you be more specific with what you mean here? Returned where?
If you meant something like throwing the tokens away(because chances are they're worth just a few cents), then some exchanges like Binance and FTX have this "convert to dust" feature. Other than that, the exchange you're using might have some "hide small balances" feature.
When I trade a token, some part of that token remains. This is what happens when almost all tokens are traded. Especially on the exchange side.
My question is can the whole token be returned? If so, tell me.
My question is can the whole token be returned? If so, tell me.
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