Problems of the Ethereum and Binance API: a solution for the creation of limit orders
As an enthusiastic and cryptocurrency developer, you are not alone to face the frustration of finding the Lot_Size error when creating orders limit in the Binance API. In this article, we will deepen the reasons behind this problem and provide a solution to solve it.
The problem: Lot_Size error
The Lot_Size error (1013) is an internal error that occurs during the execution of an order of limit in the Binance API. The exact cause of this error can be difficult to determine, but the common guilty includes:
- Incorrect or missing necessary parameters
- Inappropriate or missing market data
- Insufficient balance in your account
The problem: min quantity
A potential reason for the Lot_Size error is a problem with the Min Amount parameter. When establishing the minimum amount of a limit order, it is possible that you exceed the margin available in your account.
To solve this, immerse in some examples of Python code and explore possible solutions.
Example code: Creation of Binance API limit
`Python
Import requests
Replace with its Binance API credentials and end point url
API_URL = "
Defines the consultation parameters for the creation of the limit order
Query_params = {
"Symbol": "ethusd",
specify the pair of assets
"Side": "limit",
specify if it is a purchase or sale request
"Type": "order",
order type (in this case, limit)
"Address": "Buy",
Commerce address (buy/sell)
"Quantity": 0.1,
amount of order (in decimal format, for example, 100)
"Timeinforce": "Well until canceled"
time in force for the order
}
Configure authentication and headers
headers = {
"Type of content": "application/json",
"X-MBX-Apikey": "Your_api_Key"
}
Execute the consultation
Answer = request.post (API_url, Json = Query_params, headed = headers)
Check if the answer contains an error message
If "error" in response.json () ::
print ("error:", answer.json () ["error"] ["message"])
others:
Handling the API Successful API
order_id = answer.json () ["data"] ["Orderid"]
print (f "order of limit created: {order_id}")
Solve the error Lot_Size
When examining your code, you can see that establishing the 'min_quantity parameter at 0.1 is probably causing error. You can try to increase this value to guarantee enough margin in your account.
In addition, make sure:
- The balance of your account has enough funds for the transaction.
- The
Lotesize
(in this case,Lot_size
) API returns a successful response without any error.
Additional tips and problem solving
To further solve the problem, consider verifying the following:
- Verify that your Binance API credentials are correct and updated.
- Make sure you are using the Correct Final Point URL for the creation of limit orders (
- Verify if there is any other error or warning in the JSON answer.
If none of these steps solve the problem, provide more details about its configuration and environment, including your Binance API credentials, account information and code fragments. We will be happy to help you more!
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