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Why do I see 'Error placing buy order' on BingX?
Why do I see 'Error placing buy order' on BingX?

Seeing 'Error placing buy order' on BingX? Ensure your order meets the minimum trade amount and quantity requirements.

Pete Darby avatar
Written by Pete Darby
Updated over a month ago

When you see the error 'Error placing buy order' on BingX, it means that the order amount is too small. The minimum trade amount on BingX is 5 USD, but it is possible that the trade quantity for a cryptocurrency is higher. In this example, the minimum trade amount was met, but the trade quantity wasn't:

Cryptohopper troubleshooting guide: BingX error modal showing minimum order size requirement of 701 LAI while attempting to place 472.1 LAI order, demonstrating common trading bot order placement error

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