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Binance API Connector: Get 6X the Data With Vezgo

Vezgo is proud to announce several updates on the Binance API International connector. This live version of our connector brings a wide range of new features and improvements to help users get the most crucial data out of their Binance accounts via the Binance API.

All Major Wallets Supported by the Binance API

Binance API Support on Vezgo

One of the biggest new features is the support for all the main wallets available in the Binance API:

This means that users can now access their entire Binance account through our connector, rather than just the Spot wallet as was the case with the previous version. This provides a much more comprehensive view of a user’s Binance API account and allows for more accurate tracking of transactions and balances.

Real-Time Updates

Now, Vezgo clients can seamlessly integrate with Binance, gaining access to real-time updates of their accounts like never before. We’ve established a robust WebSocket connection via Binance’s API, ensuring lightning-fast communication between your platform and the Binance exchange. This is particularly useful to portfolio trackers like Wealthica and Merlin Investor.

Key features of our Binance API integration:

  1. Real-Time Updates: Enjoy instantaneous access to the latest information about your accounts on Binance. Stay informed about balances, transactions, and more in real time.
  2. Webhook Alerts: Never miss a critical update! Our enhanced API now supports webhooks to alert you immediately when there’s new information available. This means you can respond promptly to market changes and make informed decisions.

To implement real-time data on Binance please contact us for activation and find the detailed information in the API Docs here.

Binance API Real-Time Data

Real-Time & Historical Orders

The Binance API connector now also includes real-time and historical orders data.

Real-Time Order Updates: Stay in the Flow of Market Dynamics

Vezgo now seamlessly connects with the Binance API, offering real-time updates on your orders. Whether you’re executing a trade, adjusting your positions, or closely monitoring market movements, our live connectivity ensures that you’re always up-to-date with the dynamic cryptocurrency landscape.

Historical Order Data: Learn from the Past, Shape Your Future

Understanding the historical context of your orders is key to refining your trading strategies. Vezgo’s integration with the Binance API enables you to access and analyze your past orders, allowing you to identify patterns, assess the success of your trades, and make well-informed decisions for future investments.

Why Does Orders Support Matter for Portfolio Tracking?

  1. Dynamic Portfolio Valuation: Real-time order updates contribute to accurate and dynamic portfolio valuation. Monitor the value of your assets in real time, enabling you to make timely adjustments aligned with your investment goals.
  2. Strategic Decision-Making: Armed with both real-time and historical order information, you can make more informed decisions about when to buy, sell, or hold assets. This comprehensive view of your trading history is invaluable for strategic portfolio management.
  3. Performance Evaluation: Analyze the efficiency of your trading decisions by reviewing historical order data. Identify trends, evaluate the impact of market events on your portfolio, and refine your strategy for optimal performance.

How Does Orders Support Strengthen Risk Management?

  1. Swift Response to Market Changes: Real-time order updates empower you to respond swiftly to market changes. Adjust your positions, execute stop-loss orders, and stay informed in the moment to mitigate risks effectively.
  2. Analyzing Past Performance: Historical order data aids in assessing risk tolerance and understanding how different market conditions impact your portfolio. Utilize this information to adjust your risk management strategy and safeguard your investments.
  3. Proactive Stop-Loss Management: With real-time order updates, set and adjust stop-loss orders based on the latest market conditions. Proactively minimize potential losses and protect your capital.

NFT Holdings on Binance

NFTs Binance API

We have successfully integrated NFT holdings from Binance into the Vezgo crypto API.

However, it’s important to note that the metadata returned by the Binance API for NFTs is currently limited. In our ongoing efforts to provide comprehensive data, we are actively exploring alternative sources to enhance the available information. Clients testing this feature are encouraged to reach out to us, share their experience, and provide feedback.

Transaction Classification Across All Cexs, Including Binance API

The challenge of inconsistent transaction types across various centralized exchanges, especially concerning tax and accounting software like SoftLedger, has been a persistent obstacle. Divergent naming conventions employed by exchange APIs for identical transaction activities, such as “trade,” “swap,” or “conversion,” introduce complexities that hinder accurate interpretation and categorization by financial tools.

In response to the common struggles faced by our users, we’re excited to announce the implementation of a standardized subfield known as transaction_subtype. This new addition complements the existing transaction_type field, covering primary transaction types, and the origin_type in the Misc section, which provides the original transaction type as observed on the blockchain/exchange. Rest assured, these fields remain accessible and robust.

For a detailed understanding of these enhancements and comprehensive coverage of transactions, we encourage you to refer directly to our API documentation here. As part of our commitment to continuous improvement, any newly encountered transaction types will promptly be incorporated into our model. We greatly value your assistance in identifying and documenting any missing types, as your input is instrumental in refining our services.

Vezgo, the Sharpest Tool for Integrating the Binance API

Vezgo Connect Flow

Working with the Binance API can be challenging, but Vezgo has optimized our connector to extract the maximum amount of data possible. Our connector has been structured in a way that makes it easy to maintain and enhance in the future, which means that users can expect even more features and improvements in the future.

In summary, Vezgo’s updated Binance connector is a significant improvement over the previous version. It provides support for all the main wallet types; Spot, Margin, Earn (Staking), Funding, Futures, and Auto Investments, real-time data, orders, NFTs, more transaction types, and better optimization for extracting data from the Binance API.

We are confident that this update will provide users with a much more comprehensive view of their Binance account and make it easier to track and analyze their activity. You can get your API Keys to the Vezgo API in the client portal here. Find the API Docs here. And, the list of integrations here. Vezgo is a SOC 2 Type 2 certified API, see all security measures in place here.

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