Tag: accuracy

Ethereum API: Getting Futures Asset Value Precision

As an Ethereum developer, you might be most likely working with the Binance API to entry numerous cryptocurrency markets. On this article, we are going to discover use the get_symbol_info methodology to get the value precision of a futures asset on Binance.

Methodology: shopper.get_symbol_info(image='My Image')

The get_symbol_info methodology returns details about a particular image, together with:

• Image identify

• Image kind (spot or futures)

• Trade (e.g., Binance)

To get the value precision of a futures asset, you might want to use the spot_price_precision property. Nonetheless, this property is simply out there for spot markets.

Methodology: shopper.get_symbol_info(image='My Image') with extra parameters

You possibly can modify the get_symbol_info methodology by including two new parameters:

• symbol_type: Set to `futureto get worth accuracy info for futures property.

• alternate: Set to Binance alternate (e.g., 'binance-futures')

const shopper = require('@binance/api');
// Create a brand new API shopper occasion with Binance-Futures because the alternate
shopper.init({
api: {
binanceFutures: {
symbolType: 'future',
alternate: 'binance-futures'
}
},
key: 'YOUR_API_KEY',
secret: 'YOUR_API_SECRET'
});
// Get details about a particular futures asset
const symbolInfo = await shopper.get_symbol_info({
image: 'My Image',
spot_price_precision: true,
spot_exchange: false, // Non-obligatory: Set to true for spot markets
spot_exchange_type: 'spot'
});

On this instance, we're utilizing the shopper.initmethodology to create a brand new API shopper occasion with Binance-Futures because the alternate. We then move extra parameters to specify that we wish worth precision info for futures property.

The response from theget_symbol_infomethodology will include an object with a number of properties:

• image: The identify of the image.

• spot_price_precision: The precision of the spot market worth (e.g. 5).

• future_price_precision: The precision of the futures market worth (e.g. 2).

const { image, spotPricePrecision, futurePricePrecision } = await shopper.get_symbol_info({
// ...
});
console.log(Image: ${image});
console.log(Spot Value Precision: ${spotPricePrecision});
console.log(Future Value Precision: ${futurePricePrecision});

Utilizing the get_symbol_infomethodology with extra parameters, you possibly can entry worth precision info for futures property on Binance. This can assist you work with extra correct and exact worth information in your cryptocurrency buying and selling functions.

Notice: Be sure to exchangeYOUR_API_KEYandYOUR_API_SECRETalong with your precise API credentials. Additionally, regulate thesymbol_typeandalternate` parameters in line with your particular use case.