Ethereum: Binance API: How do I get the quantity precision of a futures asset?

API Ethereum: Obtaining the accuracy of the prices of futures assets

As Ethereum developer, it is likely to work with the Binance API to access several cryptocurrency markets. In this article, we will explore how to use the Get_Symbol_info method to obtain the accuracy of the price of a futures asset in Binance.

Method:

Client.get_symbol_info (symbol = 'my symbol')

The get_symbol_info method returns information about a specific symbol, including its:

• Symbol name

• Type of symbol (point or future)

• Exchange (for example, Binance)

To obtain the accuracy of the price of a futures asset, you must use the property ‘spot_price_precision. However, this property is only available for spot markets.

Method: Client.get_symbol_info (symbol = ‘My symbol’)With additional parameters

You can modify theget_symbol_infomethod adding two new parameters:

• Symbol_type: Establish in Future '' to obtain price precision information for futures assets.

• Exchange: Establish in the exchange of Binance (for example, 'Futeros de Binance')

Here is an example:

JavaScript

const client = require ('binance/api');

// Create a new API client instance with Futus Binance as an exchange

Client.init ({{

API: {

Binancefutures: {

Symboltype: 'Future',

Exchange: 'Binance Futures'

}

},

Key: 'Your_api_key',

Secret: 'Your_api_secret'

});

// Obtain information about a specific futures asset

const symbolinfo = alea client.get_symbol_info ({{

Symbol: 'My symbol',

spot_price_prrecision: true,

spot_exchange: false, // optional: establish in true for spot markets

spot_exchange_type: 'spot'

});

In this example, we are using theClient.initmethod to create a new API client instance with binance futures as an exchange. Then we pass additional parameters to specify that we want pricing precision information for futures assets.

Example response

The response of theget_symbol_infomethod will contain an object with several properties:

• Symbol: The name of the symbol.

• Spot_price_prrecision: The precision of the spot market price (for example, 5).

• FUTURE_PRICE_Precision: The precision of the price of the future market (for example, 2).

You can access these values ​​using the following code:

JavaScript

const {symbol, spatepriceprecision, futurepriceprecision} = await client.get_symbol_info ({{

// ...

});

Console.log (Symbol: $ {symbol});

Console.log (Precision of spot price: $ {spotpriceprecision});

Console.log (Future price precision: $ {Futurepriceprecision});

Conclusion

When using theGet_Symbol_infomethod with additional parameters, you can access pricing precision information for futures assets in Binance. This will help you work with more precise and precise price data in your cryptocurrency trade applications.

Note: Be sure to replaceyour_api_Keyand your_api_secretwith your real API credentials. In addition, adjust the parameterssymbol_typey exchange` according to their specific use case.