I can provide you with an example article on how to achieve this using Python and the Binance API.
Beginning
Before you start, make sure you have:
- Binance API Account (Free plan available)
- A custom Python environment (similar to PyCharm or VSCode)
- Installed library
requests(pip install requests)
- Installed library
binance-api(pip install binance-api)
Article:
Extracting data from Binance after the 5-minute candle closes
Are you tired of constantly extracting data every second to get only the same information? Do you want to automate the data collection process for the Binance cryptocurrency market? Look no further!
In this article, we’ll show you how to use Python and the binance-api' library to extract data from Binance after a 5-minute candle closes. This ensures that your application will extract new data only after the current candle has finished.
Step 1: Set up API Credentials
First, let's set up our API credentials:
Python
import os
Replace with your actual API credentials
API_KEY = "YOUR_API_KEY"
API_SECRET = "YOUR_API_SECRET"
Binance API endpoint
BINANCE_API_ENDPOINT = "
Binance API options
PARAMETERS = {
"symbol": "BTCUSDT",
Your preferred cryptocurrency pair
"limit": 100,
Number of data points to extract
}
data_fetcher.py
Step 2: Create a function to retrieve the data
Create a new Python file (eg
) and add the following code:
Python
import requests
import time
definition get_binance_data():
API_URL = f"{BINANCE_API_ENDPOINT}/ candle?symbol={OPTIONS['symbol']}&limit={OPTIONS['limit']}"
headers = {
"API Key": API_KEY,
"API-Secret": API_SECRET,
}
response = requests.get(API_URL, headers=headers)
if response.status_code == 200:
return response.json()
more:
print("Failed to get data:", response.status_code)
return no
Step 3: Creating the main function
Create another Python file (e.g. main.py) and add the following code:
Python
import os
from data_fetcher import get_binance_data
definition of main():
while Truth:
data = get_binance_data()
if the data is None:
Processing of received data here
seal (date)
Wait 5 minutes before reloading
time.sleep(300)
`
Step 4: Run the main function
Run themain.pyfile using Python (egpython main.py`). This will start an infinite loop that will retrieve new data every 5 minutes.
That’s it! Your application will now extract data from Binance after the 5-minute candle has finished, ensuring that your API credentials will not be exposed to anyone running the script.