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Why do I see 'The buy amount is too low, lower than the minimum for this market'?

This message means your buy amount is below the minimum required by your exchange. Increase your buy amount or enable Force minimum buy amounts to fix it.

Written by Pete Darby
Updated over 2 weeks ago

What it means

This message means your buy amounts are too low to open a new position.

Cause

Every crypto exchange has different minimum trade amounts for all trading pairs and quote currencies. If your buy amount is set below the exchange's minimum, the bot can't place the order.

How to fix

  • Check the minimum trade amounts for your crypto exchange and ensure your 'Percentage buy amount' or 'Minimum amount per order' is above the exchange's minimum. In some cases, the value may differ from what the crypto exchange indicates as the minimum trade amount.

  • Enable 'Force minimum buy amounts'. This ensures that no orders are placed lower than the amount set by you in Cryptohopper. If this feature is disabled, the bot will still attempt to execute orders on your crypto exchange account.

Read more about how to configure your buy amounts with set amounts per order or based on a percentage of your portfolio.

An example of the error message in your trading bot output:

05/22/2024 6:25:01 PM INFO The buy amount is too low, lower than the minimum for this market. Please increase your buy amounts.

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