Understanding the Error
When reviewing your deal history or your bot’s "Last Events" log, you may encounter the following message:
"Trading is disabled on this account"
This error indicates account-level or exchange-level restrictions that prevent certain trades. Below is a specific reason and solution for Binance US users.
For Binance US Exchange Users
Cause
The error "Trading is disabled on this account" often occurs when you attempt to trade a cryptocurrency that is restricted in your geographic region.
This is more common for users in the United States due to regulations imposed by the SEC, which block certain cryptocurrencies from being traded.
Why Does This Happen?
Binance US blocks restricted cryptocurrencies on its service. However, these tokens may still appear in 3Commas trading pairs. When an attempt is made to trade such assets, Binance US enforces the restriction based on your geographic location.
Solution
Blacklist Restricted Cryptocurrencies:
Go to the top of the DCA Bots page in 3Commas.
Add restricted cryptocurrencies to the blacklist. This prevents your bots from attempting to trade these assets and eliminates the error messages from the "Last Events" log.
Understand Geographic Restrictions:
Be aware of trading regulations specific to your region and adjust your bot settings to avoid errors.
Key Takeaways
Geographic restrictions may block certain cryptocurrencies. Use the blacklist feature in 3Commas to prevent trading errors.
Regularly review your bot settings and exchange rules to align with software updates and regional regulations.
By addressing these issues proactively, you can prevent the ERR_808Y error and ensure smoother trading with 3Commas.