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Ethereum: Binance receives an aggregate order book for higher tick size
As the popularity of Ethereum -based decentralized finance applications continues to grow, traders and investors are looking for more efficient ways to perform their negotiations. One way to achieve this is to access respectable exchanges of aggregate requests like binance.
In this article, we will explore how to access an aggregate order book with larger tick sizes using the Binance API and demonstrate how it can improve your trading experience.
Why larger sizes of important ticks
Larger tick sizes allow traders to run negotiations at more frequent intervals, which may lead to increased negotiation and profitability. However, access to larger tick sizes usually requires additional exchange infrastructure or APIs, which may take a long time and intensive in resources.
The Binance API
To access the Binance Added Order Book using the Binance API, you will need to follow these steps:
- Create a Binance API account : If you don’t have an existing binance account, create a [binance developer portal] (
- Return to a Binance API token (BNB) : After creating your account, go to the [API Credentials] section ( and generate a token API.
- Get your API key
: You will need the
Apiid
and Apisecretkeys from your registered account. These values are used for authentication.
Accessing the added order book with larger tick sizes
After obtaining your API credentials, follow these steps to access the Binance Added Order Book:
- Use EndpointGET /Orders
: Endpoint /Orders
provides a comprehensive view of all exchange requests, including aggregate order books.
- Specifyticksize
as 0.01 (default)
: When consulting Endpoint/Orders
, you can specify the size of the tick by passing the value as a query parameter:? Ticksize = 0.01
.
- ** Filter results with parameters
symbol
eside
: use the parameter? Symbol
To filter orders by active type (eg,btcussdt
) and the parameter? .
Here is an example of API request:
Bash
Get BTCUSDT? Ticksize = 0.01
`
Answer Example
The answer will contain a list of aggregate order books for each asset, including LastfillPrice
,Lastqty
and fill in. The API returns approximately 1000 orders per minute.
Json
{
“Orders”: [
{
“ID”: “123456789”,
“symbol”: “BTCUSDT”,
“Side”: “Buy”,
“Timestamp”: “1643723400”,
“Price”: “40000.12”
},
{
“ID”: “987654321”,
“symbol”: “BTCUSDT”,
“Side”: “Sell”,
“Timestamp”: “1643723500”,
“Price”: “41000.25”
}
]
}
`
Conclusion
By leveraging the Binance API, you can access added order books with larger tick sizes, allowing you to run business at more frequent intervals and potentially increase your negotiating and profitable volume. This article demonstrated the steps involved in accessing a bin -sized tick -sized binnance order book using the Binance API.
However, remember that this approach requires experience and technical infrastructure, which may not be suitable for all traders or exchanges. Be sure to research and meet any regulations, laws or exchange requirements applicable before implementing this strategy.
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