Ethereum: create an order in Python Binance API with a stop Price

Here's a Step -By -step Guide and an Semevise on how to create an order in Binance API with Python:


Create an order in Binance API at Stop price

In this article, we will use Python to carry out the process of creating a stop order in Binance API. We will use the “Essance.create_order method that is part of Binance API.


Prerequisites:

Ethereum: create an order in Python Binance API with a stop Price

  • There is a Binance API key and a pair of cryptocurrency characters you want to trade.

  • Use PIP to install the "Binance-Aapi" directory:

`Bash

Install Binans-Api Pip

  • The next Python code is in the file called "Main.py" (replace the symbol, the "page", etc.

`Python

Application for imports

Exchange = 'Binance'

Symbol = 'btc/USDT'





pair of cryptocurrency characters

api_key = 'your_binance_api_key'

Api_Secret = 'Your_binance_api_Secret'

Headers = {

'X-mbx-apikey': api_key,

'X-MBX-Secret-Pres': Api_Secret

}

Params = {{

“Symbol”: symbol,

"Country": "Buy",

'Type': 'stop_loss_limit',

'Time_in_force': 'gtc',

can be 'gtc', 'ioc', 'degree'

'Remow_only': 'TRUE'

only reduce the position if the STOP loss is triggered

}

Answer = Requests.Post (F'https: // {Replacement}/Api/V3/Order ', Headers = Addresses, Params = Params)

If the answer.status_code == 200:

Order_id = Responsse.json () ['id']

Print (F'order ID: {Order_ID} ')

otherwise:

Print (f'fail to create an order. Condition code: {Responsse.status_code} ')

`


Explanation of the code:

  • First, import the “requests used to make HTTP requests.

  • Binance API credentials (API_KEY and API_SECR) are defined in the header of a dictionary.

  • The parameters of the request (params) are made using the" replacement "," symbol "and other values ​​that we want to enclose in the order.

  • We ask for a publication to be /api/v3/order to the API of the Binance by transferring nails and" paramums "as arguments. The 'time_in_force parameter' 'gtc' '(good for cancellation) set order to stop the losses.

  • If the order has been successfully created, we will download the order ID and print it from the JSON response.

  • We grab all the errors that may occur during the request.


Tips and variations:

  • Be sure to replace the "symbol", "API_KEY" and API_SECRE "for its actual values.

  • Customize the "Time_in_force" parameter if necessary for the given use.

  • If you want to delete an existing order, just update the "Params" dictionary to turn on the updated parameters.

  • Be aware of API restrictions with restrictions on orders (eg 100 orders / min).

  • Consider the use of the block except to handle possible errors and exceptions.

Hope this article helps!

navigating global crypto taxation

Leave a Reply

Your email address will not be published.