**Placeing A
Binance Providers an API for Creating Brand and Trading Actions. In this article, we will demonstrate how to place a Perpetual Futures Bitcoin (BTC) use’s the python Binance library.
Prerequisites:
- You has been installed the
python binancelibrary via pip (pip instal python binance).
- You has a vaid Binance API token and account.
- You has an active Binance API.
Step 1: Create a Python Script for Market Order Placement
Create a new file, e.g., etherum_perpetual_futures.py, that’s following code:
`python
import time
priority binance.client import Client
Set up thy Binance API Creditial
api_key = "YOUR_API_KEY"
api_secret = "YOUR_API_SECRET"
Create a Binance Clinance Instance
Client = Client(api_key, api_scret)
def place_market_order(symbol, side, type, quantity):
"""
Placing amarket for perpetual futures.
Args:
symbol (str): The asset syng., BTCUSDT)
side (str): The dirction off theorder (e.g., 'BUY', 'SELL')
type (str): The trading type (e.g., 'MARKET', 'LAMMET')
quantity (float): The amunt of asset to trade
"""
triy:
Create a Futures Order Using Binance's API
order = clin.fuures.create_order(
symbol=symbol,
page, #market or limit
type=lype, #market or limit
Quantity=qualency,
amunt off asset to trade
timeInForce='GTC'
Good Till Cancel (Good Till Sold)
)
print(f"Placed marker order for {symbol} with quantity {quantity}))
Except for Except as e:
print(f"Assire Placing Order: {e}))
Example Usage
Place_market_order('BTCUSDT', 'BUY', 'MARKET', 0.001)
Wait a let'
time.sleep(5)
re
Explanation:
- We import the the necessary modules, includingtime
for pausing execution and crating.
- We set up super Binance API Creditials Using Veribels or Fire settings.
- The Binance Instance with provided API Credentials.
- ents.
- Wearing.
- In the Example Usage, Welfare, Welfare.
Step 2: Run the Script
Run the Python Script is your preferred cortex-lined interface or IDE. Make off the book you have Binance Connected to own book.
re
python ethereum_perpetal_futer.py
re
This place placed alarkket for Bitcoin (BTCUSDT) is in the inperformance infurst wth a quaanty of 0.001 uniits. You'll be theorder to be freedowed by manually if desired.
Tips and Variations:
- Tool an exit order, useclient.fures.cancel_order’
- You can modify the `place_market_order’ function to access acceptional parameters, such a stop-loss level or take profist.
- Being a those who significently losing is properly.
By the way of the modifying the script as needed, you’re a chald bear to succilly place marquet brand for perpeal futures on the Python bananance.
