Sometimes you think you have enough funds to cover your deals, but sometimes funds may be locked on other trades.
To find out if you have funds locked on other orders:
- Go to the Smart Trades page
- Choose the exchange and market that matches the funds you wish to check
- Choose the "Buy/Sell" trade type
- Look for the blue balance display and hover over it with your mouse
Here you can see a pop-up message showing if you have funds locked on other trade orders:
Any deal or Bot/Grid Bot that creates a Limit Order, will lock funds, this stops essential funds being accidentally over-allocated for other, new, trades.
If you see the message:
Error placing Take Profit trade: Insufficient funds
This is where the bot is trying to sell the exact amount of coins that it bought to start the trade. But, you no longer have this amount of coins on your account.
This can happen when you run out of BNB to pay the trading fees (and the fee is taken from the coins bought leaving the bot with less coins than it thought it had bought), or you may have accidentally traded the coins for a different coin or created a GRID Bot with them, for example.
You can buy more of the coins that the bot is missing, so the bot can close this trade or you can cancel the trade with the red cancel button and use the Smart Sell trade type to sell the coins you have left on your account.