Binance
Crypto spot trading by hand, on Binance’s testnet or your live account.
Trading on margin can lose you more than you put in. Past results, including backtests, do not predict future results. Cloud9Trader provides tools and education, not financial advice. Read the full risk warning.
Connect your own Binance account to see your balances and to send spot orders. The connection is new: it is built and tested against Binance’s published API but has not yet been run end to end on the testnet, so it is marked beta. Start on Testnet and check each order on Binance’s own site.
Binance does not serve every country. binance.com does not accept US residents, and it has taken no new UK users since October 2023. Check that Binance serves you before you open an account.
What you can do
Section titled “What you can do”- Manual orders: market, limit, stop and stop-limit orders on Binance spot pairs. A limit order is GTC unless you choose IOC or FOK.
- Account view: your balances, valued in USDT, and each coin you hold as a position in its USDT pair. Binance gives no entry price for a coin you hold, so profit on it is not shown.
Algorithm sessions cannot trade on Binance yet.
Connect
Section titled “Connect”- Start on Binance’s spot testnet, which trades with test funds. Sign in to the testnet site and generate an API key there. Testnet keys only work on the testnet.
- Give the key Enable Reading and Enable Spot & Margin Trading only. Cloud9Trader refuses a live key that can withdraw or transfer funds, or cannot trade, and checks again every hour. Testnet keys are not checked, since they reach no real funds.
- In Cloud9Trader, open Exchange API Keys from the user menu. In Binance’s row, paste the API Key and Secret, leave the choice on Testnet, and click Save. A saved key shows which one it runs on.
To trade with real money later, create a key on binance.com, delete the testnet key in Cloud9Trader, and save the live key with Live (real money).
Limits
Section titled “Limits”- Spot only: margin and futures are not offered.
- No stop loss, take profit or trailing stop on an entry yet. An order that asks for one is refused, not sent without it.
- Quantities and prices must be in the pair’s steps and inside its limits, and a priced order must meet the pair’s minimum value. Anything else is refused, never rounded.
- When you close a coin you bought, the sell is capped at what is free in your wallet, because Binance may have taken the fee from the coin bought.
- One Binance connection per Cloud9Trader account.