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Creating Multiple Orders for Multiple API Keys Asynchronously on Binance Using Python

As a developer, creating multiple orders asynchronously for different API key pairs is essential when working with large trading volumes or implementing complex trading strategies. In this article, we will help you create multiple API key orders asynchronously on the Binance platform using Python.

Requirements:

• You have a Binance API key and secret pair.

• You have installed the binance library via pip: «pip install binance-client»

Step 1: Create an order with multiple pairs

To create multiple orders asynchronously for different API key pairs, we will first create a single order that includes all the required pairs. To create this order, we will use the «binance.client.order.Order» class.

from binance.client import client

Set up your Binance API key and secret pair
api_key = "YOUR_API_KEY"
api_secret = "YOUR_API_SECRET"

Create a Binance client instance
client = Client(api_key, api_secret)

Define the pairs we want to create orders for
pairs = ["ETHUSDT", "BNBUSDT"]

Create an order object for each pair
orders = []
for paired pairs:

Define the order type and parameters
parameters = {
"side": "Market",
"type": "Limit"
}

Create a new order for the current pair
order = client.order_create(
symbol = pair,
side=params['side'],
type=parameters['type'],
quantity=100, 
Set the transaction quantity to 100 units
timeInForce='GTC', 
Set the expiration time to "Valid until canceled"
comment=f"Order {pair}"
)

Add the order object to the list
orders.append(order)

Print the created orders
i, order to write (orders):
print(f"Order {i+1}: {order.symbol} – Quantity: {order.quantity}")

Step 2: Asynchronously create multiple orders for each pair

To asynchronously create multiple orders for each pair, we will create one order for each pair using a loop. This method can be memory intensive and may not be suitable for a large number of pairs.

from time import sleep

Set the API key and secret pair
api_key = "YOUR_API_KEY"
api_secret = "YOUR_API_SECRET"

Create a Binance client instance
client = Client(api_key, api_secret)

Set the pairs we want to create orders for
pairs = ["ETHUSDT", "BNBUSDT"]

Create an order object for each pair and save it in a list
orders = []
for pair pairs:

Set the order type and parameters
parameters = {
"side": "Market",
"type": "Limit"
}

Create a new order for the current pair
order = client.order_create(
symbol = pair,
side=params['side'],
type=parameters['type'],
quantity=100, 
Set the transaction quantity to 100 units
timeInForce='GTC', 
Set the expiration time to "Valid until canceled"
comment=f "Order {pair}"
)

Add the order object to the list
orders.append(order)

Wait a while before creating another order
sleep (1)

Print the created orders
i, order to write (order):
print(f"Order {i+1}: {order.symbol} – Quantity: {order.quantity}")

Step 3: Cancel orders

To cancel orders asynchronously, you can use the client.order.cancel method. This method is more efficient than sending multiple API requests.

«` python

Set the order ids we want to cancel

order_ids = [str(order.id) for orders]

Cancel orders

order_id to order_ids:

customer.order.