Frequently Asked Questions on Margin Special API Key

2023-07-11 03:22

Last updated: 10 September 2024

1. What is the Margin Special API Key?

The Margin Special API Key is designed for margin trading, offering low-latency connectivity similar to spot trading. It allows traders to efficiently utilize their assets on Binance Margin.

2. Who can access the Margin Special API Key?

For VIP 4 and above:
The Margin Special API Key is available to VIP 4 and above users who aren’t residing in margin trading-restricted countries or regions.
For VIP 3 and below:
If you are a VIP 3 or lower tier user and qualify as a market maker, high-frequency trader, or high volume trader, please contact your VIP Manager for potential access.

3. How to create a Margin Special API Key?

If you meet the above requirements, please contact your VIP Manager to learn more about creating a Margin Special API Key.

4. What happens if I move to a country where margin trading is restricted?

Your access to the Margin Special API Key will be revoked.

5. How can I borrow assets on margin using a Margin Special API Key?

You can only use the Margin Special API Key to place orders. For margin borrowings, please utilize the standard API key.

6. Which endpoints are compatible with the Margin Special API Key?

The Margin Special API Key is only applicable with “/api” endpoints. It is strongly recommended not to use this key for “/sapi” endpoints.

7. Will my Margin Special API Key be deleted?

Your Margin Special API Key will remain active even if it is not used, as we have discontinued the practice of deleting non-IP keys after 30 days of inactivity.

8. How many Margin Special API Keys can I own?

You can create up to 30 API keys per Binance account, including both normal and special keys.

Feature	Margin Special API Key	Normal API Key
Specialty	Lower latency as orders are placed via spot endpoints. Traders can enjoy the same level of low latency as spot trading on Binance Margin.	Higher latency as orders are processed via margin endpoints.
Function	Used for placing orders.	Supports order placement, automatic borrowing, and repayments.
Compatibility	Portfolio Margin Pro Program Cross and Isolated Margin	Portfolio Margin Program Portfolio Margin Pro Program Cross and Isolated Margin
Availability	VIP 4 - 9 users Regular, and VIP 1 - 3 users who qualify for one of the three categories as per our review: Market makers High frequency traders High margin volume traders	All users
Requirements	Binance users who: Have completed identity verification and proof of address. Do not reside in a Binance margin trading-restricted country/region.

To learn more, please visit the Margin API Functions FAQs page.