Error 1001: Order has been cancelled as there is not enough balance in the user’s account
Error 1003: Too many parameters sent for this endpoint
Error 1021: Timestamp for this request was 1000ms ahead of the server’s time
Error 1022: Timestamp for this request was 1000ms behind the server’s time
Error 1104: Order would trigger immediately and has been cancelled
Error 1105: Price is more than 10% away from the market price
Error 2001: New Order Id is ignored as POST endpoints don’t require a clientOrderId
Error 2004: Check symbol and ticker symbol
Error 3005: A user was not authenticated
Error 3008: You are not authorized to execute this operation
Comprehensive Binance Error Guide
As a trader, there’s nothing more frustrating than encountering errors on your trading platform, especially when you’re in the midst of a crucial trade. Binance, one of the most popular cryptocurrency exchanges, is not immune to errors. In this article, we’ll delve into common Binance errors, their causes, and provide step-by-step solutions to help you resolve them quickly.
Common Binance Errors
Before we dive into the solutions, let’s take a look at some common Binance errors you may encounter:
Error Code
Error Message
Description
1001
System error
Generic system error, can be caused by various issues
1002
Connection timeout
Failed to establish a connection to the server
1003
Invalid API signature
Incorrect API signature, please check your API credentials
1004
Insufficient balance
Not enough funds in your account to complete the trade
1005
Order not found
Unable to locate the order, may have been canceled or completed
System Error (1001)
The system error is a generic error that can be caused by various issues, such as:
* Server maintenance: Binance may be undergoing scheduled maintenance, resulting in system errors.
* Network issues: Poor internet connectivity or network congestion can cause system errors.
Solution:
1. Check the Binance status page for any scheduled maintenance or issues.
2. Ensure a stable internet connection and try again.
3. If the issue persists, contact Binance support for assistance.
Connection Timeout (1002)
A connection timeout error occurs when the system fails to establish a connection to the server.
Solution:
1. Restart your application: Close and reopen your Binance application or web browser.
2. Check your internet connection: Ensure a stable internet connection and try again.
3. Disable any VPNs or proxies: Some VPNs or proxies may interfere with your connection.
Invalid API Signature (1003)
An invalid API signature error occurs when your API credentials are incorrect or out of date.
Solution:
1. Check your API credentials: Verify that your API key and secret are correct and up-to-date.
2. Generate a new API key: If your API key is old or compromised, generate a new one and update your application.
Insufficient Balance (1004)
An insufficient balance error occurs when you don’t have enough funds in your account to complete the trade.
Solution:
1. Check your account balance: Verify that you have sufficient funds in your account.
2. Deposit funds: Add funds to your account to complete the trade.
Order Not Found (1005)
An order not found error occurs when the system is unable to locate the order.
Solution:
1. Check your order history: Verify that the order was not already canceled or completed.
2. Contact support: Reach out to Binance support for assistance.
Preventing Binance Errors
While errors can be frustrating, there are steps you can take to minimize their occurrence:
* Regularly update your application: Ensure you’re using the latest version of the Binance application.
* Verify your API credentials: Double-check your API key and secret to prevent invalid signature errors.
* Monitor your account balance: Keep an eye on your account balance to avoid insufficient balance errors.
By following these tips and solutions, you can quickly resolve common Binance errors and continue trading with confidence.
Frequently Asked Questions:
Comprehensive Binance Error Guide
Binance is a popular cryptocurrency exchange that allows users to buy, sell, and trade various digital assets. However, as with any complex system, users may encounter errors while using the platform. In this guide, we will cover some of the most common Binance errors and provide solutions to help you resolve them.
General Errors
### Q: What is the Binance system error?
A: The Binance system error typically occurs when there is an issue with the exchange’s server or infrastructure. This error is usually temporary and can be resolved by trying again after a few minutes. If the error persists, please contact Binance Support.
### Q: How do I fix the Binance maintenance error?
A: Binance regularly performs maintenance to ensure the security and stability of the platform. During this time, you may encounter a maintenance error message. Please try again after the maintenance period is over. You can check the Binance Blog for maintenance schedules and updates.
Account and Login Errors
### Q: Why is my Binance account locked?
A: Your Binance account may be locked due to various reasons such as:
* Logging in with the correct credentials
* Checking your account security settings
* Contacting Binance Support for assistance
### Q: How do I fix the Binance two-factor authentication (2FA) error?
A: If you’re experiencing issues with 2FA, try the following:
* Check your 2FA app for any errors or incorrect codes
* Ensure that your 2FA app is synced with the correct time zone
* Contact Binance Support for further assistance
Trading and Deposit Errors
### Q: What is the Binance “Balance Minimum” error?
A: The “Balance Minimum” error occurs when you try to trade or withdraw an amount that is below the minimum required balance. To resolve this issue, try:
* Checking your balance and ensuring that it meets the minimum requirements
* Adjusting your trade or withdrawal amount accordingly
### Q: Why is my Binance deposit pending?
A: If your deposit is pending, it may be due to various reasons such as:
* Checking the deposit status on the blockchain explorer
* Verifying the deposit address for accuracy
* Contacting Binance Support for further assistance
Withdrawal Errors
### Q: Why is my Binance withdrawal pending?
A: If your withdrawal is pending, it may be due to various reasons such as:
* Checking your balance and ensuring that it meets the minimum requirements
* Verifying the withdrawal address for accuracy
* Contacting Binance Support for further assistance
