Binance API

Binance offers a marketplace for trading multiple cryptocurrencies on their exchange platform. Changpeng Zhao and Yi He founded the platform in China in 2017. It moved its headquarters to Malta later, concerned by regulations in China.

The company adopted using APIs from the very start to enable users to access its platform programmatically. Custom applications that interface with its trading infrastructure can be developed by using multiple APIs provided by the platform. These APIs encompass:

Accessing real-time market data, account information, and trading functionality is possible for developers via the REST API. To execute trades, manage accounts, and retrieve market data, developers can leverage this API.

The WebSocket API offers streaming of market data in real-time. Real-time updates on prices, trades, and other market information can be obtained by developers.

The protocol utilized by institutional traders to have direct access to the trading infrastructure is the FIX API.

An API key can be created in their account to provide developers access to these APIs. Using an API key is how requests made to the API are authenticated. APIs can be interacted with using different programming languages, like Python or JavaScript.

These APIs are utilized by developers to create personalized applications which communicate with the trading system. One can create bots for trading which follow predetermined strategies automatically using the REST API that developers can utilize. Insights into market conditions can be gained by building real-time data visualization tools using the WebSocket API.

To enable developers to build applications on top of its ecosystem, Binance offers several more APIs via its platform, including the Binance Spot API, Futures API, and Margin API. By utilizing these APIs, developers can design specialized applications for trading, margin trading, and futures trading.