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Why do I see error code '51008 order failed' on OKX

OKX trading bot: '51008 order failed' indicates insufficient quote currency funds.

Pete Darby avatar
Written by Pete Darby
Updated over 10 months ago

When you see the error message '51008 order failed' in your OKX trading bot, it means you have insufficient funds of the quote currency to open a new position.

You can check the available funds of your quote currency under Current assets on the Dashboard or under the $ symbol on the Advanced Dashboard to see how much is available for opening new positions.

A similar error in the trading bot output looks like this:

05/22/2024 6:25:02 PM ERROR Error placing buy order, data: {"error":"{"code":"51008","message":"Order failed. Insufficient EUR balance in account. "}"}

05/22/2024 6:25:02 PM ERROR Error placing buy order, data: {"error":"{\"code\":\"51008\",\"message\":\"Order failed. Insufficient EUR balance in account. \"}"}

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