Ethereum: binance api, i cant put an order with a price in dollar (not in quantity)
Problems with order arrangement Ethereum API: Exceptions of binance and orders based on quantity
As an ethereum developer, you are probably familiar with the importance of the exact placement of the order to achieve the desired results. However, when using API Binance, certain errors may arise as a result of the differences in how the platform addresses orders based on quantities compared to price orders.
Problem: Restrictions of order based on quantity
When placing an order order or sale at a specific price at Ethereum (Ethusdt), Binance often requires you to specify the amount of tokens you want to buy or sell. This is done in order to ensure that your transaction meets market requirements and does not exceed the available liquidity.
However, if you try to place your order with this amount -based approach, you may encounter similar errors:
* APierror (40004): Invalid request or
* APierror (40005): Insufficient means
These exceptions usually occur because Binance API is designed to handle price orders (eg “buy $ 20 etusdt”) more effectively.
The problem solution: Using price orders with quantity
To solve this problem, you can try to use a combination of prices -based approaches. Here are several strategies:
* Use the basic menu for your price order
: Enter the basic menu (eg USD) for your price order, allowing Binance to be transferred to Ethereum (Etusdt).
* Enter the basic amount in ETUSDT : Use the basic amount in ETUSDT as the quantity when placing an order for a specific price. In this way, you can avoid entering the exact number of tokens.
* Use the quantity 'to adjust your order size : You can also enter the' Movetity 'parameter when placing an order. For example::
*Json
{
“Type”: “Limarder”,
“Side”: “Sell”,
“Price”: 800,
“Quantity”: 20 // Enter the basic amount in ETUSDT
}
`
Example code
Here is an updated example of a scrap of code that shows how to place your purchase order at a specific price with quantity:
`json
{
“Type”: “Buylimitor”,
“Side”: “Buy”,
“Price”: 800,
“Quantity”: 20 // Enter the basic amount in ETUSDT
}
`
Proven procedures
If you want to avoid similar problems and ensure successful API requests, consider the following proven procedures:
* Test your orders thoroughly : Test your orders with a small quantity of chips before making large or complex transactions.
* Use built -in Binance tools and services: Use API documentation and tools to automate the order of order location.
Understanding how Binance API works with orders based on quantities compared to price orders, you will be better equipped to make successful stores on Ethereum. Happy trading!
