Automating Multi-Pair Spot Holdings Liquidation with Market Orders
Summary
This utility automates selling holdings across a user-specified list of spot trading pairs, a task that can arise when stopping a multi-pair grid or martingale system. It repeatedly checks each pair, combines available and order-frozen balances, estimates the holding’s value, cancels outstanding orders, and submits a market sell when the holding meets the exchange’s stated minimum trade value. A configurable polling interval controls how often the process repeats, and shutdown or error handling also cancels open orders.
The instructions note that very small residual balances may remain after selling and may need to be converted through the exchange’s small-balance feature; they also suggest liquidating BNB last. This is operational guidance rather than a trading signal or tested strategy, and no execution results are provided. Market orders can incur slippage, and the routine’s thresholds and balance handling depend on the exchange interface and pair settings. It should therefore be understood as a convenience for closing listed spot holdings, not as a guarantee that every asset will be fully liquidated.
Key ideas
- The tool processes a comma-separated list of spot pairs and checks each holding in turn.
- It cancels open orders before attempting to sell eligible balances at market.
- Holdings below the stated minimum trade value may remain unsold and require a separate small-balance conversion.
- The process repeats on a configurable polling interval and cancels outstanding orders on shutdown or error.
- Market execution and exchange-specific minimums limit the reliability of complete liquidation.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.