--- title: "Binance" description: "Our Binance integration lets you deploy live trading algorithms on our co-located servers that trade the capital you have in your Binance account." canonical: https://www.quantconnect.com/docs/v2/cloud-platform/live-trading/brokerages/binance markdown: https://www.quantconnect.com/docs/v2/cloud-platform/live-trading/brokerages/binance.md language: python source: https://github.com/QuantConnect/Documentation/tree/master/01%20Cloud%20Platform/10%20Live%20Trading/02%20Brokerages/10%20Binance modified: 2026-11-02 index: https://www.quantconnect.com/llms.txt --- # Binance [Documentation](https://www.quantconnect.com/docs/v2.md) > [Cloud Platform](https://www.quantconnect.com/docs/v2/cloud-platform.md) > [Live Trading](https://www.quantconnect.com/docs/v2/cloud-platform/live-trading.md) > [Brokerages](https://www.quantconnect.com/docs/v2/cloud-platform/live-trading/brokerages.md) > Binance > Code examples are shown in Python. Append `?lang=csharp` to this URL for the C# version of this page. ## Introduction QuantConnect enables you to run your algorithms in live mode with real-time market data. Binance was founded by Changpeng Zhao in 2017 with the goal to "increase the freedom of money globally". Binance provides access to trading Crypto through spot markets and perpetual Futures. They serve clients with no minimum deposit when depositing Crypto. Binance also provides an NFT marketplace, a mining pool, and services to deposit Crypto coins in liquidity pools to earn rewards. To view the implementation of the Binance brokerage integration, see the [Lean.Brokerages.Binance repository](https://github.com/QuantConnect/Lean.Brokerages.Binance). ## Account Types Binance supports cash and margin accounts for spot trades, but only supports margin accounts for Futures trades. Binance US only supports cash accounts. To set the account type in an algorithm, see the [Binance brokerage model documentation](https://www.quantconnect.com/docs/v2/writing-algorithms/reality-modeling/brokerages/supported-models/binance.md). ### Create an Account Follow the account creation wizard on the [Binance.com](https://accounts.binance.com/en/register) or [Binance.us](https://accounts.binance.us/en/register) website to create a Binance account. You will need API credentials to deploy live algorithms with your brokerage account. After you open your account, [create API credentials](https://www.binance.com/en/support/faq/360002502072) and store them somewhere safe. As you create credentials, make the following configurations: - Choose system-generated API key type which works using HMAC symmetric encryption. - Select the **Restrict access to trusted IPs only** check box and then enter our IP addresses, 146.59.85.21, 57.128.231.46 and 57.128.233.143. For Binance.us, enter 207.182.16.137. - If you are going to trade Crypto Futures, select the **Enable Futures** check box. ### Paper Trading Binance supports paper trading through the Binance Spot Test Network. You don't need a Binance account to create API credentials for the Spot Test Network. Follow these steps to set up paper trading with the Binance Spot Test Network: 1. Log in to the [Binance Spot Test Network](https://testnet.binance.vision/) with your GitHub credentials. 2. In the **API Keys** section, click **Generate HMAC_SHA256 Key**. 3. Enter a description and then click **Generate**. 4. Store your API key and API key secret somewhere safe. Paper trading Binance Crypto Futures or with Binance US isn't currently available. ### Sub-Accounts Our Binance and Binance US integrations don't support trading with sub-accounts. You must use your main account. ## Asset Classes Our Binance integration supports trading [Crypto](https://www.quantconnect.com/docs/v2/writing-algorithms/securities/asset-classes/crypto.md) and [Crypto Futures](https://www.quantconnect.com/docs/v2/writing-algorithms/securities/asset-classes/crypto-futures.md). Our Binance US integration supports trading [Crypto](https://www.quantconnect.com/docs/v2/writing-algorithms/securities/asset-classes/crypto.md). ## Data Providers The [QuantConnect data provider](https://www.quantconnect.com/docs/v2/cloud-platform/datasets/quantconnect/crypto.md) provides Crypto data during live trading. Binance and Bybit restrict access from the United States, so you must use the Europe (WAW) [region](https://www.quantconnect.com/docs/v2/cloud-platform/live-trading/getting-started.md#07-Redundancy) to trade with them or to receive their data. To set the region, see [Deploy Live Algorithms](https://www.quantconnect.com/docs/v2/cloud-platform/live-trading/brokerages/binance.md#16-Deploy-Live-Algorithms). ## Orders We model the Binance and Binance US APIs by supporting several order types, supporting order properties, and not supporting order updates. When you deploy live algorithms, you can [place manual orders](https://www.quantconnect.com/docs/v2/cloud-platform/live-trading/algorithm-control.md#03-Place-Manual-Trades) through the IDE. ### Order Types The following table describes the available order types for each asset class that our Binance and Binance US integrations support: | Order Type | Crypto | Crypto Futures | | --- | --- | --- | | [Market](https://www.quantconnect.com/docs/v2/writing-algorithms/trading-and-orders/order-types/market-orders.md) | ![green check](https://cdn.quantconnect.com/i/tu/check.png) | ![green check](https://cdn.quantconnect.com/i/tu/check.png) | | [Limit](https://www.quantconnect.com/docs/v2/writing-algorithms/trading-and-orders/order-types/limit-orders.md) | ![green check](https://cdn.quantconnect.com/i/tu/check.png) | ![green check](https://cdn.quantconnect.com/i/tu/check.png) | | [Stop Market](https://www.quantconnect.com/docs/v2/writing-algorithms/trading-and-orders/order-types/stop-market-orders.md) | | ![green check](https://cdn.quantconnect.com/i/tu/check.png) | | [Stop limit](https://www.quantconnect.com/docs/v2/writing-algorithms/trading-and-orders/order-types/stop-limit-orders.md) | ![green check](https://cdn.quantconnect.com/i/tu/check.png) | ![green check](https://cdn.quantconnect.com/i/tu/check.png) | | [Bracket](https://www.quantconnect.com/docs/v2/writing-algorithms/trading-and-orders/order-types/contingent-orders/bracket-orders.md) | ![green check](https://cdn.quantconnect.com/i/tu/check.png) | | | [One cancels other](https://www.quantconnect.com/docs/v2/writing-algorithms/trading-and-orders/order-types/contingent-orders/one-cancels-other-orders.md) | ![green check](https://cdn.quantconnect.com/i/tu/check.png) | | | [One triggers other](https://www.quantconnect.com/docs/v2/writing-algorithms/trading-and-orders/order-types/contingent-orders/one-triggers-other-orders.md) | ![green check](https://cdn.quantconnect.com/i/tu/check.png) | | ### Order Properties We model custom order properties from the Binance and Binance US APIs. The following table describes the members of the `BinanceOrderProperties` object that you can set to customize order execution: | Property | Data Type | Description | Default Value | | --- | --- | --- | --- | | `time_in_force` | `TimeInForce` | A [TimeInForce](https://www.quantconnect.com/docs/v2/writing-algorithms/trading-and-orders/order-properties.md#03-Time-In-Force) instruction to apply to the order. The following instructions are supported: `DAY` `GOOD_TIL_CANCELED` `good_til_date` | `TimeInForce.GOOD_TIL_CANCELED` | | `post_only` | `bool` | A flag to signal that the order must only add liquidity to the order book and not take liquidity from the order book. If part of the order results in taking liquidity rather than providing liquidity, the order is rejected without any part of it being filled. | | ### Contingent Orders Binance accepts [contingent orders](https://www.quantconnect.com/docs/v2/writing-algorithms/trading-and-orders/order-types/contingent-orders.md) for spot Crypto with the following rules: - A set has up to three orders for the same security: a bracket order, a limit order that triggers one order, or a one cancels other pair. - An order that triggers other orders is a limit order outside any one cancels other pair. - A one cancels other pair has one limit order and one stop limit order on the same side. Binance US and Binance Futures don't support contingent orders. ### Updates We model the Binance and Binance US APIs by not supporting order updates, but you can cancel an existing order and then create a new order with the desired arguments. For more information about this workaround, see the [Workaround for Brokerages That Don’t Support Updates](https://www.quantconnect.com/docs/v2/writing-algorithms/trading-and-orders/order-management/order-tickets.md#workaround-for-brokerages-that-dont-support-updates). ## Fees To view the Binance or Binance US trading fees, see the [Trading Fees](https://www.binance.com/en/fee/schedule) page on the Binance.com website or the [Fee Structure](https://www.binance.us/en/fee/schedule) page on the Binance.us website. To view how we model their fees, see [Fees](https://www.quantconnect.com/docs/v2/writing-algorithms/reality-modeling/brokerages/supported-models/binance.md#06-Fees). The Binance Spot Test Network does not charge order fees. ## Margin We model [buying power](https://www.quantconnect.com/docs/v2/writing-algorithms/reality-modeling/brokerages/supported-models/binance.md#07-Buying-Power) and [margin calls](https://www.quantconnect.com/docs/v2/writing-algorithms/reality-modeling/margin-calls.md) to ensure your algorithm stays within the margin requirements. If you trade Crypto Perpetual Futures, we model the margin cost and payments of your Crypto Future holdings by directly adjusting your portfolio cash. For more information about Futures margin interest modeling, see the [Binance Futures Model](https://www.quantconnect.com/docs/v2/writing-algorithms/reality-modeling/margin-interest-rate/supported-models.md#04-Binance-Futures-Model). ## Slippage Orders through Binance and Binance US do not experience slippage in backtests and [QuantConnect Paper Trading](https://www.quantconnect.com/docs/v2/cloud-platform/live-trading/brokerages/quantconnect-paper-trading.md). In live trading, your orders may experience slippage. To view how we model Binance and Binance US slippage, see [Slippage](https://www.quantconnect.com/docs/v2/writing-algorithms/reality-modeling/brokerages/supported-models/binance.md#05-Slippage). ## Fills QuantConnect fills market orders immediately and completely in backtests and [QuantConnect Paper Trading](https://www.quantconnect.com/docs/v2/cloud-platform/live-trading/brokerages/quantconnect-paper-trading.md). In live trading, if the quantity of your market orders exceeds the quantity available at the top of the order book, your orders are filled according to what is available in the order book. To view how we model Binance and Binance US order fills, see [Fills](https://www.quantconnect.com/docs/v2/writing-algorithms/reality-modeling/brokerages/supported-models/binance.md#04-Fills). ## Settlements Trades settle immediately after the transaction To view how we model settlement for Binance and Binance US trades, see [Settlement](https://www.quantconnect.com/docs/v2/writing-algorithms/reality-modeling/brokerages/supported-models/binance.md#08-Settlement). ## Security and Stability When you deploy live algorithms with Binance or Binance US, we don't save your credentials. ## Deposits and Withdrawals You can deposit and withdraw cash from your brokerage account while you run an algorithm that's connected to the account. We sync the algorithm's cash holdings with the cash holdings in your brokerage account every day at 7:45 AM Eastern Time (ET). ## Demo Algorithm The following algorithm demonstrates the functionality of the Binance and Binance US brokerages: ### Binance ```python # Demonstrate Binance brokerage functionality with an EMA crossover strategy. class BinanceDemoAlgorithm(QCAlgorithm): def initialize(self) -> None: self.set_start_date(2024, 9, 1) self.set_end_date(2024, 12, 31) self.set_cash(100000) self.set_brokerage_model(BrokerageName.BINANCE, AccountType.CASH) self._symbol = self.add_crypto("BTCUSDT", Resolution.DAILY, Market.BINANCE).symbol self._fast = self.ema(self._symbol, 10, Resolution.DAILY) self._slow = self.ema(self._symbol, 50, Resolution.DAILY) def on_data(self, slice: Slice) -> None: if not self._slow.is_ready: return if self._fast.current.value > self._slow.current.value and not self.portfolio.invested: self.set_holdings(self._symbol, 1) elif self._fast.current.value < self._slow.current.value and self.portfolio.invested: self.liquidate() ``` ### Binance US ```python # Demonstrate Binance US brokerage functionality with an EMA crossover strategy. class BinanceUsDemoAlgorithm(QCAlgorithm): def initialize(self) -> None: self.set_start_date(2024, 9, 1) self.set_end_date(2024, 12, 31) self.set_cash(100000) self.set_brokerage_model(BrokerageName.BINANCE_US, AccountType.CASH) self._symbol = self.add_crypto("BTCUSD", Resolution.DAILY, Market.BINANCE_US).symbol self._fast = self.ema(self._symbol, 10, Resolution.DAILY) self._slow = self.ema(self._symbol, 50, Resolution.DAILY) def on_data(self, slice: Slice) -> None: if not self._slow.is_ready: return if self._fast.current.value > self._slow.current.value and not self.portfolio.invested: self.set_holdings(self._symbol, 1) elif self._fast.current.value < self._slow.current.value and self.portfolio.invested: self.liquidate() ``` ## Virtual Pairs All fiat and Crypto currencies are individual assets. When you buy a pair like BTCUSD, you trade USD for BTC. In this case, LEAN removes some USD from your portfolio [cashbook](https://www.quantconnect.com/docs/v2/writing-algorithms/portfolio/cashbook.md) and adds some BTC. The virtual pair BTCUSD represents your position in that trade, but the virtual pair doesn't actually exist. It simply represents an open trade. When you deploy a live algorithm, LEAN populates your cashbook with the quantity of each currency, but it can't get your position of each virtual pair. ## Deploy Live Algorithms You must have an available [live trading node](https://www.quantconnect.com/docs/v2/cloud-platform/organizations/resources.md#04-Live-Trading-Nodes) for each live trading algorithm you deploy. Follow these steps to deploy a live algorithm: 1. [Open the project](https://www.quantconnect.com/docs/v2/cloud-platform/projects/getting-started.md#02-View-All-Projects) you want to deploy. 2. Click the ![Lightning icon](https://cdn.quantconnect.com/i/tu/deploy-live-icon.png) **Deploy Live** icon. 3. On the Deploy Live page, click the **Brokerage** field and then click **Binance Exchange** from the drop-down menu. 4. Enter your API key and secret. To generate your API credentials, see [Account Types](https://www.quantconnect.com/docs/v2/cloud-platform/live-trading/brokerages/binance.md#02-Account-Types). Your account details are not saved on QuantConnect. 5. Click on the **Environment** field and then click one of the environments. The following table shows the supported environments: | Environment | Description | | --- | --- | | Real | Trade with real money | | Demo | Trade with paper money through the Binance Global brokerage | 6. In the **Region** section, click the [region](https://www.quantconnect.com/docs/v2/cloud-platform/live-trading/getting-started.md#07-Redundancy) where you want to run the algorithm. Binance and Bybit restrict access from the United States, so you must use the Europe (WAW) [region](https://www.quantconnect.com/docs/v2/cloud-platform/live-trading/getting-started.md#07-Redundancy) to trade with them or to receive their data. 7. Click the **Node** field and then click the live trading node that you want to use from the drop-down menu. 8. (Optional) In the **Data Provider** section, click **Show** and change the data provider or add additional providers. 9. If your brokerage account has existing cash holdings, follow these steps ([see video](https://vimeo.com/703024505)): 1. In the **Algorithm Cash State** section, click **Show**. 2. Click **Add Currency**. 3. Enter the currency ticker (for example, USD or CAD) and a quantity. 10. If your brokerage account has existing position holdings, follow these steps ([see video](https://vimeo.com/703024505)): 1. In the **Algorithm Holdings State** section, click **Show**. 2. Click **Add Holding**. 3. Enter the symbol ID, symbol, quantity, and average price. 11. (Optional) [Set up notifications](https://www.quantconnect.com/docs/v2/cloud-platform/live-trading/notifications.md). 12. Configure the **Automatically restart algorithm** setting. By enabling [automatic restarts](https://www.quantconnect.com/docs/v2/cloud-platform/live-trading/deployment.md#07-Automatic-Restarts), the algorithm will use best efforts to restart the algorithm if it fails due to a runtime error. This can help improve the algorithm's resilience to temporary outages such as a brokerage API disconnection. 13. Click **Deploy**. The deployment process can take up to 5 minutes. When the algorithm deploys, the [live results page](https://www.quantconnect.com/docs/v2/cloud-platform/live-trading/results.md) displays. If you know your brokerage positions before you deployed, you can verify they have been loaded properly by checking your equity value in the runtime statistics, your cashbook holdings, and your position holdings. Restarts, including automatic restarts and redeployments, don't save the state of your algorithm. To learn what a restart recovers and how to persist the rest, see [State Persistence](https://www.quantconnect.com/docs/v2/cloud-platform/live-trading/deployment.md#10-State-Persistence).