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How do I get rid of dust positions on Binance?
How do I get rid of dust positions on Binance?

Convert small, unsellable positions (dust) on Binance to BNB using the 'Convert dust to BNB' feature on Cryptohopper.

Pete Darby avatar
Written by Pete Darby
Updated over 2 months ago

When you have dust positions on Binance, meaning very small positions that cannot be sold, you can convert these positions to BNB. Binance has a feature called 'Convert dust to BNB'. This function is available on Cryptohopper under Current Assets on the Dashboard and Advanced Dashboard.

On the Dashboard, under Current Assets and then under Wallet Scrubber:

Convert crypto dust to BNB on Binance using Cryptohopper's Wallet Scrubber tool. Interface shows automatic conversion options for leftover balance amounts with warning message about Binance limitations and alternative convert dust to BNB feature.

On the Advanced Dashboard, it's under the $ sign of Current Assets and then under Wallet Scrubber:

Cryptohopper's Advanced Dashboard showing the Assets panel with Currency, Amount, and Reserved columns. Access Wallet Scrubber tool for dust conversion through the dollar sign menu. Interface displays empty balance state with Synchronize and Wallet Scrubber buttons at bottom.

Why isn't the entire position sold on Binance?

On Binance, trading fees are always charged in the asset you receive. For example, if you buy ETH/USDT, the fee is paid in ETH. If you sell ETH/USDT, the fee is paid in USDT. There is also the minimum movement in the amount of the currency you're trading. Due to this, you will get dust positions. There's unfortunately now way to prevent dust positions from occurring, however, you can use the feature called 'Pick up leftovers' shown in the Wallet Scrubber.

Binance trading minimums table showing minimum trade requirements for WAVES/USDT, WIN/USDT, WAN/USDT, and WRX/USDT pairs. Displays Minimum Amount Movement and other trading restrictions that cause dust positions when trading crypto. Table illustrates why entire positions can't always be sold due to minimum trade amounts and fee structures on Binance.

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