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:
- 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',
'Remow_only': 'TRUE'
}
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!