Is Binance API free (2024)

FAQs

Is the Binance API free? ›

Binance API provides a variety of free services. Its public API allows users to access market data, such as price and trading volume, without any cost.

Here are the specific rate limits for Binance API: Public Endpoints: Requests per minute: 1,200 (assuming 20 requests per second as a baseline) Requests per minute in bursts: Up to 1,800 (assuming 30 requests per second in bursts)

Binance has initiated the Fast API feature to enhance the experience of API keys. Fast API assists users in swiftly authorizing specific account privileges, generating API keys, and automatically integrating with third-party API link platforms.

Place a withdrawal

You must have withdrawn to the address through the website and approved the withdrawal via email before you can withdraw using the API.

Binance fees for cryptocurrency trading

Users of the platform benefit from the lowest fees in the industry. In particular, deposits are free and the minimum amount is €1. However, the costs of other fees vary depending on the type of transaction.

However, by sharing your API key, you are effectively providing these third-parties with critical access to your account. As such, you must treat API keys like passwords — keep them private and secure.

Causes of HTTP Error 429: Too Many Requests

A 429 response is not technically an error — it's a response from a server, application programming interface (API), or plugin that tells the client application to stop sending requests because they simply don't have enough resources to accept it at this time.

An API rate limit refers to the number of calls the client (API consumer) can make in a second. Rate limits are calculated in requests per second (RPS). Let's say you only want a client to call an API a maximum of 10 times per minute. You can apply a rate limit to expressed as “10 requests per 60 seconds”.

Binance API

The API is easy to use and well-documented, making it a great choice for both beginners and experienced traders. One of the key benefits of the Binance API is its scalability. It can handle a large volume of requests, making it a reliable choice for traders who need to execute trades quickly.

What are the benefits of Binance API? ›

Binance API provides developers with access to real-time market data, including price and volume data for cryptocurrencies traded on the platform. Developers can use this data to create custom trading tools, perform data analysis, and monitor market trends.

FastAPI is a modern, fast (high-performance), web framework for building APIs with Python based on standard Python type hints. The key features are: Fast: Very high performance, on par with NodeJS and Go (thanks to Starlette and Pydantic). One of the fastest Python frameworks available.

In order to improve the trading experience of Spot API users, Binance Spot API will optimize the rules on order rate limit used by a single account. Effective from 2023-11-21 11:00 (UTC), the order rate limit for a single account will be increased from 50/10s and 160,000/24h to 100/10s and 200,000/24h.

Binance highly recommends users to use an IP whitelist on all of their API keys, regardless of the permissions or purposes of the API keys. With an IP whitelist, your API keys can only be accessed from specific IP addresses. This prevents bad actors from using your API keys in the event that they get compromised.

Binance.US is the only major U.S. exchange to offer FREE Bitcoin trading on select pairs. Enjoy 0% fees on Tier 0 pairs and some of the lowest fees in the industry on the rest. Trading fees are determined by your 30-day trading volume*, calculated on a rolling basis every day at 8 p.m. EDT.

Trading bots have been used in traditional financial markets for years — allowing those who use them to take advantage of the value they can provide. Now, thanks to Binance, you also have access to these trading bots and their benefits — all at no extra cost.