Here is a sample article:
Ethereum: Binance gets an order book for the larger tick size
As the popularity of Ethereum-based decentralized financial (DEFI) applications continues to increase, merchants and investors are looking for more effective methods to carry out trade. One way of achieving this is to get aggregated order books from such a reputation like Binance.
In this article, we examine how to access the Binance API to a larger Binance aggregate order book and show you how to improve your trading experience.
Why counter tick sizes count
Larger tick sizes allow merchants to perform trade at more frequently, which can lead to increased trading quantities and profitability. However, to achieve larger tick sizes, they often require additional infrastructure or APIs on the stock exchange, which can be time-consuming and resource-intensive.
Binance Api
With the help of Binance API, you must follow these steps to access the Binance Overall Book:
- Create a Binance API account : If you don’t have an existing Binance account, create one by visiting [Binance Developer Portal] (
- Sign up for a Binance API token (BNB) : After creating an account, go to [API credentials] ( and generate an API -token.
- Get the API Key
: You will need both Apiid “and Apisecret
Keys" from your registered account. These values are used for authentication.
Available for a cumulative order book with larger tick sizes
Once you have obtained API's credentials, follow these steps to the Binance Overall Order Book:
- Use the endpoint of get /orders : " /endpoint of orders" provides a comprehensive picture of all ordering of the exchange, including aggregate order books.
- Enter the "ticksize" 0.01 (default)
: When querying the endpoint of orders, the tick size can be determined by passing the value as a query parameter:
? Ticksize = 0.01 ”.
- ** Filter results with "symbol" and "Side" parameters: Use "? Symbol ”parameter for filtering orders by type of device (eg Btcusdt
) and “? Side
parameter for market control filters. Or
Here’s an example of API request:
`Bash
Get the btcusdt? Ticksize = 0.01
`
Example Answer
The answer includes a list of aggregate order books for all devices, including “Lastfillprice”, “Lastqty” and “Fillquantity”. API returns about 1,000 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
Utilizing the Binance API, you can access the aggregate order books with a higher level of tick, allowing you to practice trade at a more frequent intervals and potentially increases trading quantities and profitability. This article introduced the Binance API to the Binance Overall Ordering Book Access.
Remember, however, that this approach requires technical expertise and infrastructure that is inadequate for all merchants or exchanges. Before implementing the strategy, it is imperative to research and comply with applicable regulations, laws, or exchanging requirements.
Leave a Reply