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Ethereum: Issues Placing a Trade with Binance API using Python

Published by Terlumun Aondover on February 8th, 2025.

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Ethereum: Problems to set up a company with a Python Binance API -Oom

As a developer, it is exciting to explore new API and trading platforms, especially when it comes to cryptocurrencies like Ethereum. However, I encountered problems while trying to ask for the American version of Binance API using Python without external libraries.

In this article I will describe the challenges I have faced, I will provide bypass solutions and offer a solution that will help you make the API Binance store.

Challenges:

Authentication : Binance API requires tocine to authentication tokens, which are mainly obtained through the flow or authenticity of the OAUTH based on the password.

API keys: Each user has its own API key, which must be replaced for API Binance Token (BEP20) before the trade requests are submitted.

Restrictions of the rate : Binance API has the limitations of the rate on the number per hour, which can limit your ability to frequently perform transactions.

Sullages:

Ethereum: Issues Placing a Trade with Binance API using Python

use of OAUTH flow

To overcome problems with authentication with OAUTH flow:

Install libraries “Requirements” and Oauthlib":

Bash



PIP OAUHLIB COMPLETE INSTALLATION

'




Generate the customer and secret ID for Binance API in your application:

Python



Customer_id = 'Your_Client_id'

Client_secret = 'Your_client_secret'

'

Create an OAUTH FURNITURE OBJECTER using user ID, secret and diverting URI (which ishttps: // api.binance.com / API / V3 / Auth / Outh2 / return call):

Python



Importing the request

OAUTH_PROVIDER = OAUTHPROVIDER (

    Customer_id = customer_id,

    Customer_secret = Customer_secret,

    redirect_uri = 'https: //your-our-app-ppo-rl.com/callback'

)))



Read the user on the URL Authorization of the OAUTH supplier

URL = OAUTH_PROVIDER.GET_AUTHORIZE_URL ()



Manage the OAUTH supplier reminder

Def Authorization_callback (code):



Replace with your own CONSIGNMENT OPPORTANCE CODE

    pass



Request a store using the API BEP20 (BEP20) Token

Trade_request = {

    "Symbol": "Ethusdt"

    "Side": "Buy,"

    "Type": "Limit"

Iche

Answer = demands.post (

    F'https: //api.binance.com/api/v3/tickers/ethusdt? Symbol = {trade_request ["symbol"]} ',

    Headers = {'x-MBX-Depikey': OAUTH_PROVIDER.GET_TOKEN (code)}

)))



Treat the answer

'





Use of authentication check on the basis of a password

To overcome problems with authentication problems using a password -based authentication:


Create API Binance Token (BEP20) for your application:

Python



Importing the request

API_TOKEN = 'your_api_token'

'




Make a commercial request using the API Bep20 token:

Python



Trade_request = {

    "Symbol": "Ethusdt"

    "Side": "Buy,"

    "Type": "Limit"

Iche

Answer = demands.post (

    f'https: //api.binance.com/api/v3/tickers/ethusdt? Symbol = {trade_request ["symbol"]} ',

    Headers = {'x-MBX-SOFIKEY': API_TOKEN}

)))



Treat the answer

` ‘

limit exceptions to limited rates and rates

In order to avoid speed limit errors:

Make API requests per plot to reduce the number of requests per hour.

Connect the exceptions of speed limit by trying out a malfunctioning requirements with a smaller charm size.

Conclusion:

Transactions on API for Binans without external libraries can be difficult, but there are ways to overcome these problems. Using authentication and handling restrictions based on the OAUTH flow or password, you can successfully place transactions on the American version of the API Binance API using Python. Remember to replace reserved spaces with your own values.

Additional Resources:

[Documentation of the API-JA] (

[OAUTH FLOW FOR BINANCE API] ( documentation on OAUT FLOWU)

Keep in mind that this is not an exhaustive guide, and you should consult the documentation of the API Binance and the Library documentation “Requirements” for more information on how to use API -ja.

NEED COMPREHENSIVE REGULATION