Data Collector – binance (Altcoin list)

Binance is the world’s largest cryptocurrency exchange. It was founded in China in 2017, and its main features are low trading fees and support for trading a wide range of cryptocurrencies. It is the number one cryptocurrency exchange in the world by trading volume and has tens of millions of global users, so it is currently based in Singapore and Dubai.

To see what this exchange has to offer, let’s access the Developer Center and extract some information.

The Binance API is an interface that lets you programmatically access data from the cryptocurrency exchange.

Key Features

• Comprehensive functionality
  The API allows you to retrieve real-time price quotes, place and manage orders, check account details, and more.
• Supports REST API and WebSocket
  REST APIs are ideal for static tasks like account management and order execution, while WebSocket APIs are optimized for streaming real-time market data.
• Reliable and fast
  Designed for high throughput and stability in real-time trading environments.
• Robust security features
  Includes API key management, IP restrictions, and authorization controls. (I need to learn more about security.)
• Supports multiple trading instruments
  Binance offers various trading options, including spot, futures, and margin trading.

The Binance API is widely used for everything from personal investing to developing advanced trading bots.

I need an API key to trade properly, but it’s giving me the current price without it. 

https://developers.binance.com/docs/binance-spot-api-docs/faqs/market_data_only

Python pip

pip install requests

Get Coin Data 

import requests
import json


def get_altcoin_data():
    api_request = requests.get('https://api.binance.com/api/v3/ticker/price')
    _api = json.loads(api_request.content)
    return _api


if "__main__" == __name__ :
    api = get_altcoin_data()
    for x in api:
        print(x['symbol'], "${0:.4f}".format(float(x['price'])))

Output Main Code

ETHBTC $0.0248
LTCBTC $0.0012
BNBBTC $0.0068
NEOBTC $0.0001
QTUMETH $0.0011
EOSETH $0.0002
SNTETH $0.0000
...
GPSBNB $0.0001
REDBTC $0.0000
REDUSDC $0.6051
REDFDUSD $0.6060
REDTRY $22.0700

I didn’t realize there were so many different types of coins, so I need to do some research.

Crypto prices have been rising for a while, but they’ve dipped again recently. Now, it really feels like they’re turning into an investment platform similar to stocks.

Due to their high volatility, they seem well-suited for automated trading. However, I don’t fully grasp the market trends yet because I haven’t studied enough.