Here is a detailed guide and an example of an article on how to create an order in the Binance API interface with Python:
Creating an order at a stopped price for Binance API
This article goes through the price of the order creation process at the Binance API interface with Python. We use the exchange.create_order
method, which is part of the Binance application subscription.
assumptions:
- You have the Binance API key and a few cryptomena symbols you want to trade.
- You have installed the “Binance -API
application using PIP:
Bash
PIP to install Binance-API
`
- In a file called
main.py
you have the following Python code (replaced with ‘symbol’,page 'etc. with your right values):
Python
Import requirements
Exchange = ‘Binance’
Symbol = ‘BTC/USDT’
Kryptome symbols pairs
Api_Key = ‘Your_Binance_Api_Key’
Api_secret = ‘Your_Binance_api_secret’
headlines = {
‘X-SMBX-APYKY’: API_KEY,
‘X-Imbx-Secrecret-Pres’: Api_secret
}
params = {
“Symbol”: a symbol,
‘Side’: ‘Buy’,
‘Type’: ‘stop_loss_limit’,
‘Time_in_Force’: ‘GTC’,
may be ‘GTC’, ‘iOC’, ‘Foca’
‘Referenly’: ‘true’
reduce the location only after the loss of stopping
}
Response = Request.Post (f
If response.tatus_code == 200:
Order_id = Response.json () [‘ID’]
Print (F’order ID: {order} ‘)
otherwise:
Print (f’failed to create an order
`
Explanation of Code:
- First we bring the “request” library, which is used for HTTP requirements.
- We define the Binance API (API_KEY and API_SECRET) access information in the “Title” dictionary.
3.
4 Time_in_Force
parameter is set ” GTC’(good until it is canceled) to stop loss of loss.
- If the order is successfully created, dismantle the order ID from the JSON response and print it.
- Getting any errors that may occur during the application.
tips and variations:
- Remember to replace the "symbol",api_key
and the api_secret
with your real values.
- You can customize the
time_in_force
parameter if necessary.
- Cancel an existing order to update the dictionary “Params” and include updated parameters.
- Be aware of API limits when creating orders (eg 100 orders per minute).
- Consider the use of an exemption block to resolve any errors and exceptions.
I hope this article helps!