Ethereum: Binance: Partial Ledger Depth Flows
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Ethereum: Binance: Partial Book Depth Streams
Partial book depth streams are an advanced feature offered by Binance, a leading cryptocurrency exchange. This feature allows users to connect their Ethereum accounts to the Binance API and access real-time market data, including partial book depth.
What is Partial Book Depth?
Partial book depth refers to the ability of a market maker or liquidity provider to provide information about the current state of the order book for a particular asset at any given time. This information can be used by users who want to execute trades with more precision and accuracy.
Binance’s Partial Book Depth Streams
Binance offers partial book depth streams for Ethereum, allowing users to access this data through the Binance API. To use partial book depth streams, you will need:
- A valid Ethereum account on Binance
- A Binance API key (create one in your Binance account)
- The
stream.partialBookDepthendpoint
Here is some sample code for JavaScript and WebSocket usage:
const APIKEY = 'YOUR_API_KEY';
const APISECRET = 'YOUR_API_SECRET';
const socket = new WebSocket('wss://stream.binance.com/spot/api/v4/stream/partialbookdepth');
socket.onmessage = (event) => {
const partialBookDepthData = JSON.parse(event.data);
console.log(partialBookDepthData);
};
socket.onopen = () => {
// Send a request to the API for partial book depth data
socket.send(JSON.stringify({
'method': 'GET',
'path': '/spot/partialbookdepth?symbol=ETH&limit=100'
}));
// Set up event listeners for incoming messages
socket.onmessage = (event) => {
const partialBookDepthData = JSON.parse(event.data);
console.log(partialBookDepthData);
};
};
<?php
const APIKEY = 'YOUR_API_KEY';
const APISECRET = 'YOUR_API_SECRET';
$socket = new WebSocket('wss://stream.binance.com/spot/api/v4/stream/partialbookdepth');
$socket->onmessage = function(event) {
$partialBookDepthData = JSON_decode($event->data, true);
echo "Partial book depth data: " . json_encode($partialBookDepthData) . "n";
};
$socket->onopen = function() {
// Send a request to the API for partial book depth data
$socket->send(JSON.stringify({
'method': 'GET',
'path': '/spot/partialbookdepth?symbol=ETH&limit=100'
}));
// Set up event listeners for incoming messages
$socket->onmessage = function(event) {
$partialBookDepthData = JSON_decode($event->data, true);
echo "Partial book depth data: " . json_encode($partialBookDepthData) . "n";
};
};
Using the WebSocket API
To use partial book depth streams with JavaScript, you need to create a WebSocket connection to wss://stream.binance.com/spot/api/v4/stream/partialbookdepth. You can then send requests to this endpoint and listen for incoming messages.
For PHP, you can use the WebSocket library to connect to the Binance API and access partial book depth data.
Important Notes
- Make sure to replace
YOUR_API_KEYandYOUR_API_SECRETwith your actual Binance API keys.
- Partial book depth streams may have usage limits and requirements for creating an account or purchasing a plan on Binance.
- Be aware of the risks associated with using WebSocket APIs, including potential security vulnerabilities.
I hope this helps! Let me know if you have any questions or need further assistance.
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