(Important clarification for beginners)
In recent comments, a frequent doubt has arisen:
👉 “I have a bot created and I am at a loss, does it have to do with the expired KYC, the recovery address, or the memo?”
Let's go step by step, calmly 👇
🔹 1. Bot at a loss: what does it mean?
A bot can be at temporary losses due to:
Market conditions (volatility, downward trend).
Configured strategy (chosen pair, range, active time).
Entry moment.
📌 This DOES NOT mean that Binance has taken your money or that the bot is broken.
These are “paper” losses (PNL), typical of the market.
🔹 2. Expired or restricted KYC
When your document expires:
Binance limits functions (deposits, withdrawals, sales).
Your funds do not disappear.
The bot may be paused or continue showing results, but you cannot move the money until the KYC is approved.
📌 Priority always: update and approve the KYC.
🔹 3. Recovery address and memo/tag
This is another distinct topic 👇
It is requested when:
There was a deposit with incomplete data.
A network that requires a memo/tag (XRP, XLM, ATOM, EOS, etc.) was used.
The “recovery address” + “memo/tag” are used for:
✔️ Correctly identify where to return or credit the funds.
❌ They are not related to bots or their performance.
❓ Frequently asked questions
Did my bot lose my money?
➡️ No. A bot does not “disappear” funds. It operates according to the market and configuration.
Does the expired KYC affect the bot?
➡️ It affects access to functions, not the internal balance.
Does the memo relate to trading or bots?
➡️ No. It is a technical data of some networks for deposits/recoveries.
What do I do first if I have everything mixed up?
1️⃣ Approve the KYC.
2️⃣ Check the status of the deposit (if any).
3️⃣ Analyze the bot separately (strategy, market).
✨ Conclusion
Everything has its cause… and its solution. Calm, correct information, and clear steps = regained control.
#bots #fondos #Binance #AguilasDelTrueno
