Imagine being able to track your trades on Binance moment by moment via Telegram, with instant detailed notifications sent to your phone or personal computer. This technology provides you peace of mind, helping you make quick decisions based on live market updates.
In this professional guide, we will take you step by step to link the Binance API with the Telegram Bot to receive instant notifications about your trades. Whether you are a beginner or a professional, this guide will make the integration process simple and smooth.
What is the importance of linking Binance and Telegram?
With the increasing interest of traders in real-time analysis, it has become essential to continuously monitor trades on Binance. But what if you could receive an instant notification on Telegram when there is any market change or a new trade execution?
Why is linking important?
Instant notifications: You will receive an instant notification when any trade is executed or when there is a change in your portfolio.
Smart automated trading: You can track strategies without having to sit in front of the screen all the time.
Instant analysis and reporting: Get a quick summary of executed trades and their performance as they happen.
How to link Binance and Telegram?
Step One: Create a Telegram Bot
1. Open the Telegram app:
Search for the BotFather bot in the search bar within the Telegram app.
2. Create the bot:
Send a message to BotFather containing the command /newbot.
Next, you will be asked to choose a name for the bot (for example: 'BinanceNotifier').
Choose a distinctive name and keep it secure.
3. Obtain an API token:
After creating the bot, you will receive a unique API Token. This will be used in the code to connect to the bot.
Step Two: Set up Binance API
1. Create an account on Binance:
If you haven't done so yet, open an account on Binance.
2. Create an API key:
After logging into your account, go to account settings, then to API Management.
Create a new API key and specify the necessary permissions like trading and reading data.
Keep your API keys (secret key) in a secure place.
Step Three: Write the code to link Binance with Telegram
Now comes the coding part that links the Binance API with the Telegram Bot to send instant notifications.
Example Python script:
import requests
import time
import hmac
import hashlib
# Binance API credentials
API_KEY = 'YOUR_BINANCE_API_KEY'
API_SECRET = 'YOUR_BINANCE_API_SECRET'
# Telegram Bot credentials
TELEGRAM_TOKEN = 'YOUR_TELEGRAM_BOT_TOKEN'
CHAT_ID = 'YOUR_TELEGRAM_CHAT_ID'
# Binance endpoint for order status
url = 'https://api.binance.com/api/v3/order'
# Function to send messages to Telegram
def send_telegram_message(message):
telegram_url = f'https://api.telegram.org/bot{TELEGRAM_TOKEN}/sendMessage'
params = {
'chat_id': CHAT_ID,
'text': message
}
requests.get(telegram_url, params=params)
# Function to get Binance order status
def check_binance_order():
params = {
'symbol': 'BTCUSDT',
'orderId': 'YOUR_ORDER_ID',
'timestamp': int(time.time() * 1000)
}
query_string = '&'.join([f"{key}={value}" for key, value in params.items()])
signature = hmac.new(API_SECRET.encode('utf-8'), query_string.encode('utf-8'), hashlib.sha256).hexdigest()
params['signature'] = signature
response = requests.get(url, params=params, headers={'X-MBX-APIKEY': API_KEY})
return response.json()
# Check order and send notification if completed
def monitor_order():
order_status = check_binance_order()
if order_status['status'] == 'FILLED':
message = f"Order {order_status['orderId']} for {order_status['symbol']} is filled."
send_telegram_message(message)
# Monitor order every 10 seconds
while True:
monitor_order()
time.sleep(10)
How does the script work?
1. Query order status: The script checks the order status on Binance using the Binance API.
2. Send a notification to Telegram: Once the order is executed (i.e., 'FILLED' status), the script sends a message to Telegram using the Telegram Bot.
3. Automatic iteration: The script runs continuously and checks the status of orders every 10 seconds.
How can the script be modified to meet your needs?
Multiple notifications: You can modify the script to include notifications for multiple orders or market movements.
Send detailed reports: Add more details such as price, time, and the amount of currency traded.
Set up personal alerts: Customize messages to include instant notifications when prices cross a certain level.
Tips for safe trading using Telegram & Binance
Protect your API data: Ensure that your API keys are stored securely and not shared with anyone.
Use two-factor authentication: Enable 2FA for your Binance account to increase security.
Continuous monitoring: Make sure to test the script first in a test environment (Testnet) before activating it on your real account.
By linking Binance and Telegram, you can now quickly and effectively track your trades and market notifications, helping you make instant decisions while trading. Don't miss opportunities with the Binance API and Telegram Bot, and use them together for smart and secure trading.
Start using this professional integration today, and always stay ahead of the markets!
