Binance volume meaning. May 6, 2020 · How to calculate position size.
Binance volume meaning A low value signals over-selling, while a high value warns of a potential market correction. Jul 17, 2024 · Learn Crypto explains what crypto trading volume can tell you about price movement & introduces some of the popular volume based technical indicators. Another example is Project Serum being built on the Solana blockchain. 15-minute trading volume ≥ (15-minute average trading volume of the previous 24 * 15 minutes) * 50. What does Volume in kline data mean #118. Source: CoinGecko As previously reported, Binance faced significant regulatory pressure throughout 2023, culminating in a settlement agreement in November that required the exchange to pay a $4. Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. This metric measures trades of all digital currencies, and can be used for both centralized and decentralized exchanges. Market Capitalization and Trading Volume. US news and announcements: Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; or (2) relied upon for any investment activities. bid-ask spread is one mechanism, but another is volume and that's what I think I'd like to focus on. Sep 27, 2023 · The OBV works under the premise that when volume increases sharply without a significant change in the stock's price, the price will likely move upward, and vice versa. Mar 1, 2022 · What is the Volume number? Is it in USD? ETH? Quote asset? binance / binance-public-data Public. December marks the second month Binance has achieved the $1 trillion in trading volume mark in 2024 , with the first time being in March, when it For instance, if person A buys 50 BTC at $10,000 each from person B on the crypto exchange platform Binance, the volume for that trade is $500, 000. Recently they have added an Open Interest indicator for Binance futures. Multiple Trading Pairs. To learn more about Binance Futures Trading, please visit the Futures Contracts FAQs page. Jan 29, 2019 · The trading charts on Binance are pretty basic and they offer a much larger amount of coins to trade versus places like Coinbase or the Voyager app (which is the best MOBILE exchange solution). We’ve established that we’re not risking more than 1% on a single trade. S. 1. First up, use the on-balance volume indicator (OBV) to measure the positive and negative flow of volume in a security over time. BSC’s proof-of-staked-authority (PoSA) consensus model combines aspects of both the proof-of-stake (PoS) and proof-of-authority (PoA) configurations. He launched Binance in July 2017 and, within 180 days, grew Binance into the largest digital asset exchange in the world by trading volume. You can buy GMX on cryptocurrency exchanges like Binance. If the price deviates significantly from the mean, the bot will make trades assuming the price will return to the mean. Volume can be measured in two ways - by focusing on a specific exchange or by considering the aggregated data from all the exchanges. Apr 29, 2024 · High Trading Volume. Let's take a look at the definition of VWAP, how it works, and how traders can incorporate the indicator into their trading strategy. Sep 7, 2019 · Explore top gaining cryptocurrencies by market cap and 24-hour trading volume on Binance. The network currently boasts over 274 million accounts and has 4 days ago · On the other hand, Binance is one of the largest cryptocurrency exchanges according to its trading volume so it was a strategic approach to produce a stablecoin that will add up to a mainstream adoption of cryptocurrencies. My questions: Is the “Volume” field the number of BNX tokens? What does Volume in Binance mean and how is it calculated? It is the amount of coins traded between the pairs you select. The system decides if an order is stop-loss or take-profit based on trigger price levels and last price or mark price when the order is placed. Traders tend to use the volume indicator as an attempt to gain a better understanding of the strength of a given trend. Sep 20, 2023 · Alongside historic data, you also have access to accurate crypto pricing according to some of the industry’s most liquid and high-volume markets. May 12, 2023 · 2. Binance was initially based in China, then moved to Japan Crypto Trading Data - Get the open interest, top trader long/short ratio, long/short ratio, and taker buy/sell volume of crypto Futures contracts from Binance. Nov 6, 2023 · Binance DEX is built on BNB Chain, and it’s specifically designed for fast and cheap trading. Nov 25, 2024 · According to Foresight News, data from TRONSCAN reveals that the total transaction volume on the TRON network has exceeded $15 trillion. 70, a change of 259. US does NOT provide investment, legal, or tax advice in any manner or form. 3. This is why a short squeeze results in a sharp price spike. Our platform offers the lowest fees and highest security to buy and sell DZI and other cryptocurrencies. What Is the Circulating Supply of UTC? The current circulating supply of UltraCoin (UTC) is 47. Sep 25, 2024 · Binance is a centralized cryptocurrency exchange established in 2017 and is registered in Cayman Islands. The example pair is IOTA/USDT. Binance is capable of processing 1,400,000 orders per second and supports many cryptocurrencies. Binance Academy Launches AWS Blockchain Node Runners for BNB Chain Course: Share Up to $9,000 in BNB Rewards! 24h Volume(XRP) 336,081,946. Neither the Binance P2P platform nor merchants shall be responsible for your loss in a completed payment. Currently, there are 394 coins and 1335 trading pairs available on the exchange. Jun 9, 2023 · In this formula, k is a fixed constant, meaning the pool’s total liquidity always has to remain the same. Jul 7, 2024 · Live price of EthereumPoW is $2. So if the simple moving average calculates the mean based on 10 days worth of data, the entire data set is constantly being updated to only include the last 10 days. These stablecoins are supposed to be backed or "collateralized" by fiat, other cryptocurrencies, or commodities like gold. Binance provides a crypto wallet for traders to store their Sep 8, 2019 · 3. 7% market share of total spot trading volume in December 2024. Volume, or trading volume, is the number of units traded in a market during a given time. Bull markets are often accompanied by increased trading volume and on-chain activity, indicating increased investor interest. Nov 11, 2024 · The latter is based on your trading volume and BNB balance. As such, a short squeeze is typically accompanied by an equivalent spike in trading volume. High relative volume candles are the more important; they are an indication of either breakouts or the end of the moves. The spot rate (spot price) reflects how much of the Quote asset is required to buy 1 unit of the Base asset. Updates every 10 seconds [High] Price up with Sep 25, 2024 · The trading level of Binance Coin in November 2021 was not as high as it was in April and, especially, February 2021. Traders can use VWAP as a tool to confirm trends or a tool to determine entry and exit points. Other AMMs will use other formulas for the specific use cases they target. t is a free platform that uses Tradingview UI but brings in its proprietary indicators that plot aggregated Open Interest, Liquidations, CVD and Funding rates. 24h Volume(ORDI I am trying to get 24 hr volume quotes but don't understand which volume means what. Oct 26, 2023 · Most stablecoins in circulation today are collateralized stablecoins, meaning their values are backed by other assets. Introduction Technical indicators are an essential part of analyzing the financial markets. Binance (Futures) 24h trading volume is reported to be at $37,982,520,445. US name and intellectual property, the exchange is managed independently by BAM Trading Services. Market trades that fill in 100ms with the same price and the same taking side will have the quantity aggregated. Sep 18, 2019 · The BAM Platform currently offers the following Digital Assets trading services module: The spot purchase and sale of Digital Assets on a many buyers and many sellers basis through a central order book matching facility, known as the multilateral trading service (the "Multilateral Trading Service"). Market demand and trading volume are key considerations for listing a coin. volumes python27 binance-api Resources. Binance volume tracker Topics. The Binance Volume Tracker is a Python script designed to monitor trading pairs on the Binance cryptocurrency exchange. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Find step by step guide with video instructions on how to buy DeFinition (DZI) on Binance. Trade ORDIUSDT perpetual contracts on Binance Futures - the world's leading crypto futures trading exchange with deep liquidity and low fees. the 24h volume shown on the ETH-BTC Jul 18, 2018 · These trades are "taking" volume off the order book, and therefore are taker trades. Since its establishment in 2017 by Changpeng Zhao, commonly known as CZ, both Binance and its founder quickly grew to play an enormous role in the development of the The Index Price consists of the average price of an asset, according to major spot markets and their relative trading volume. registered arm of the world’s largest cryptocurrency exchange by trading volume — Binance. Arbitrage. These tokens are closely monitored, with regular reviews conducted. Abnormal increases in the perpetual market, on the other hand, could predict volatility as well lows and highs. The order book helps traders make more informed trading decisions. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. But, what is that a volume indicator of? Total unit quantity of that particular base pair that was traded? Blue candles are high relative volume bars, in other words, candles that are above two standard deviations of fair value. Binance serves more than 15,000,000 users worldwide, operates in over 40 countries, and is based in over 180 countries & regions. Below is the 24 hr ticker output. Trading volume. ; maxQty defines the maximum quantity allowed. In his book, he described the When cryptocurrency traders talk about volume, they mean the number of tokens or contracts traded within a certain period of time, for example during an hour or a day. Jan 13, 2025 · FTM can be purchased directly from Binance using a debit or credit card. Analyze Volume: Look at the volume bars to see how active the market is. Binance Spot Algo Orders (on the VIP Trading platform) currently offers Time-Weighted Average Price (TWAP) and Percentage of Volume (POV) order types to facilitate time-based or volume-based execution objectives. This is due to a large volume of orders in the order book. Jul 26, 2021 · 2. Binance Square combines trading data and unique user behavior insights for a precise overview. BNB Chain now exists as a fully decentralized ecosystem run by its community and a distributed network of validators. Taker Buy Volume: the total volume of buy orders filled by takers within the period. To enhance user experience, we identify and verify reliable merchants with a yellow badge on their profiles. Sufficient market capitalization and trading activity indicate strong investor interest. Selecting a reliable cryptocurrency exchange is critical. Feb 2, 2024 · Main Takeaways. December marks the second month Binance has achieved the $1 trillion in trading volume mark in 2024 , with the first time being in March, when it 5 days ago · Binance was the market leader amongst the centralized exchanges, with a 34. I tried to get it back but I do not how to do it. 55% in the last 24 hours. This gives us a theoretical limit of retrieving 13 days worth of minute level price volume Nov 16, 2023 · Binance Futures, for example, has a Stop Order function that combines stop-loss and take-profit orders. Liquidity - With trillions of dollars in monthly volume, the crypto futures markets provide deep liquidity. This script represents a Z-score of the volume of perpetual and 4xspot on Binance. I understand that's the rolling 24h volume indicator, not the 1d volume indicator. The cryptocurrency world operates 24/7, and market conditions can change rapidly. May 27, 2022 · A volume indicator is data from the exchange on how much cryptocurrency or shares were traded during a certain period of time. Time in Force Order. Type “GMX” in the search bar to view the available trading pairs. regulations restricting the main exchange. Becoming a Binance VIP comes with a range of exclusive benefits and privileges, including discounted trading fees, bespoke products, exclusive invitations, priority customer support and personalized coverage from our Key Account Team. Among traders and market participants, there are common vocabularies and a handful of terms that are useful to know. Sep 5, 2024 · 5. Although Binance is the exchange at the moment regarding volume, you still might miss some details from other venues. High values above 0 mean that the volume is skewed towards perpetual … May 22, 2024 · Binance is the world’s largest cryptocurrency exchange in terms of daily trading volume, where users can buy, sell, trade and stake a wide variety of cryptocurrencies. Jul 25, 2021 · Binance order books show the cumulative size of liquidity for each side of the market (buy/sell) up to the top of the book. Jun 15, 2020 · What does "whitewashing" mean in this paragraph from The Picture of Dorian Gray? Linear version of std::bit_ceil that computes the smallest power of 2 that is no smaller than the input integer Download the Binance. The Binance VIP program is designed to enhance the experience of high-volume traders and large-scale investors on our platform. So if 100 shares are traded in one trading day, the daily volume of the stock is 100 shares. Exchanges evaluate a coin's market capitalization and trading volume on other platforms to gauge its popularity and liquidity. You can rely on Binance Academy’s educational courses to understand the basic trading concepts and specific cryptocurrencies you're interested in trading. Binance 24h volume is reported to be at $38,417,111,071. Feb 10, 2021 · Abnormal increases in the spot market could be associated with accumulation. They can see order imbalances that may provide clues to an asset’s direction in the short term. Jun 9, 2023 · Since the price of Bitcoin should, in theory, be equal on Binance and on another exchange, any difference between the two is likely an arbitrage opportunity. Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. Down volume is the volume on a day when the price falls. Jun 1, 2023 · There are several types of algorithmic orders commonly used in trading. US exchange; however, popular U. US shall not be liable for any consequences thereof. 73% as compared to the previous day. What is VWAP? My FUTURE TRADING VOLUME INDICATOR on Binance shows nothing but FLAT LINE only and the number beside the Volume shows zero (0)(meanwhile other… The low volume on the next candle seems a bit concerning to me. It will use Binance’s token listing price as the cost. Another reason is because Binance has a very generous limit on its open API. This would result in a less volatile market, meaning that a whale would need a lot of money to significantly manipulate the price. Adjust Settings (Optional): If needed, adjust the indicator's settings by tapping its menu icon. Looks like too much movement for too little volume compared with other similar volume candles before. In this case, the trading volume is particular to only Binance. Binance rewards active traders with lower costs as they increase their trading volume. Even so, since much of the assets in the crypto space are on Ethereum, you can’t trade them on other networks unless you use some kind of cross-chain bridge . On Binance, it’s simple to find up-to-the-minute information on prices, trading volumes, and order book depths. As short sellers close their positions, a cascading effect of buy orders adds more fuel to the fire. Source: CryptoQuant. 00. The indicator is a running total of up volume minus down volume. Time in force indicates how long your order will remain active before it is executed or expired. Newcomers to crypto have access to simple conversion tools like Binance Convert, while experienced traders can use the Spot Exchange's TradingView tools. dApp volume. Obviously this is less consistent on shorter time frames, but still something worth The Monitoring Tag is applied to tokens that exhibit notably higher volatility and risks compared to other listed tokens. For example, the Bitcoin futures market has an average monthly turnover of $2 trillion, surpassing trading volumes in Bitcoin spot markets. Try our Crypto Pro app Live Prices, Widgets, Alerts, Portfolio, Apple Watch app Nov 16, 2022 · How to Buy GMX on Binance. Thus, unlike conventional futures, perpetual contracts are often traded at a price that is equal or very similar to spot markets. With 350+ listed altcoins, it is the world's leading crypto exchange. , branded Binance, is a global [8] company that operates the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Binance boasts a high trading volume, meaning that there are always buyers and sellers available on the platform. Binance coin (BNB) Binance coin (BNB) is the native asset May 27, 2022 · A volume indicator is data from the exchange on how much cryptocurrency or shares were traded during a certain period of time. Compressed/Aggregate Trades List API Description . This sudden increase in early 2021 occured as Binance's blockchain called BSC Oct 19, 2021 · Main Takeaways: Market manipulation is an attempt to artificially influence an asset’s price or the behavior of the markets. Jan 20, 2023 · Binance P2P merchants can also enjoy special benefits including exclusive promotions, access to more trading tools, and lower fees. Volume can be used as an indicator of how the cryptocurrency is performing in the market and what its prospects are. It was launched as an Ethereum token in 2017, but migrated to its own network in 2019. Feb 28, 2024 · The momentum continued into the new year as Binance attracted over $2 billion in inflows in January this year. Live FTM price is updated in real-time on Binance. The more bought and sold, the higher the bars on the indicator. Registering is easy and does not require any information beyond an email address. The LOT_SIZE filter defines the quantity (aka "lots" in auction terms) rules for a symbol. Base Volume, Quote Volume, Relative Volume. 89M USD. Thank you. While Binance owns the Binance. Binance, the largest crypto exchange by trading volume, serves 250M+ users in 180+ countries. Also what is the difference between "Total traded base asset volume" and "Volume". It is a measurement of the number of individual units of an asset that changed hands during that period. I use Binance every day and it is my go-to exchange right now. Aug 30, 2024 · Granville believed that volume was the key force behind markets and designed OBV to project when major moves in the markets would occur based on volume changes. US is the U. 89, a change of 1. Example: trading pair TRX/BTC 5000 BTC means there were trades (buying and selling) for a total amount of 5000 BTC. Risk Warning: Digital asset prices are subject to high market risk and price volatility. 20 in Exchange Reserves. 1% for both makers and takers (which makes it a standard spot fee). Dec 19, 2022 · Meaning that you will no longer be able to access such Digital Assets as part of the Binance Services and will only be permitted to withdraw the Digital Assets from your Binance Account. Apr 3, 2024 · I would like to understand the relationships between Volume, Quote asset volume, Taker buy base asset volume, Taker buy quote asset volume. Total trading volume of the top 10 DEXs in 2023. An pioneer within the blockchain industry, CZ has built Binance into the leading blockchain ecosystem, comprised of Binance Exchange, Labs, Launchpad, Academy, Research, Trust Wallet, Charity, NFT, and more. While crypto exchanges have become more wary of market manipulators, it’s still essential to identify common behaviors in order to spot potential bad actors. Here’s something else to consider. Tokens deposited before it is listed on Binance. These variations reflect the different strategies of each exchange and depend on the profiles of traders on these platforms. Updates every 10 seconds [Mid] Price up with High Vol-15% > 15-minute increase ≥11%. Jun 24, 2024 · 5. Other liquid assets (such as forex) have a narrower bid-ask spread, meaning that buyers and sellers can execute their orders without causing significant changes to the price of an asset. For additional instructions and information, users can read our How to Buy Fantom (FTM) Guide. For example, if a user has made 20 BTC worth of trades on the Binance spot exchange and has made 30 BTC worth of trades on Binance Swap Farming in 30 days, the user’s total 30-day spot trading volume will be 50 BTC, which meets the requirements for Binance spot VIP 1 tier and allows the user to enjoy VIP 1 benefits. Limit immediate or cancel (IOC) and limit fill or kill (FOK) orders (accessible via the API) are also always takers orders. ## How does volume help in trading? A volume indicator can be the best tool to evaluate the potential of an emerging digital currency. Taker Sell Volume: the total volume of sell orders filled by takers within the period. On Binance, in the Markets overview, it shows a 24h volume. The platform has established itself as a trusted member of the crypto space, where users can buy, sell and store their digital assets, as well as access over 350 Nov 12, 2021 · Binance FAQ on API Limits. Time-Weighted Average Price (TWAP) Aug 14, 2024 · Staking is a way to make your idle assets work for you, meaning you can generate rewards while helping secure your favorite blockchain networks. 2. As more capital flows into a futures contract, open interest increases, which is why it is consider to indicate bull or bear trends. If volatility in price is accompanied by high trading volume, it may be said that the price move has more validity. So, now, we have all the ingredients we need to calculate position size. Binance has $152,118,822,336. Dec 13, 2024 · Live price of Bitcoin is $101,333. If you trade less than 1,000,000 BUSD a month or don't have any BNB, the trading fee is 0. On a trading exchange assets are traded in pairs, or in other words, one asset (Base asset) is traded against the other (Quote asset). Is the "volume" here: 1 The total amount of IOTA traded in number of IOTA? 2 The total USDT amount of IOTA traded? Also what does "quoteVolume" mean? There are multiple ways in which users can specify trade volume for all the supported order types. Nov 16, 2022 · How to Buy GMX on Binance. 623778 with a market cap of $282. 01B USD. Jun 20, 2023 · Mean reversion. Ready to take your crypto trading experience on Binance P2P to the next level? Learn all about the Binance P2P Merchant program and the benefits of becoming a merchant on our platform. On-Balance Volume. and . Is the "volume" here: 1 The total amount of IOTA traded in number of IOTA? 2 The total USDT amount of IOTA traded? Also what does "quoteVolume" mean? If startTime and endTime are not sent, the most recent data is returned. In essence, the on-balance volume indicator serves as an tool that uses volume flow to predict changes in price. Nov 14, 2024 · Your Binance trading fees also depend on your 30-day trading volume. Learn more about how Binance helped launch the world’s largest smart-contract blockchain by transaction volume. Go to the [Spot] box and enter the amount of GMX you want to buy. A larger Bid-Ask spread will result in larger price fluctuations when closing large volume orders. Binance’s netflow between November 2023 and February 2024. cryptocurrency exchanges such as Coinbase and Kraken do not offer BNB trading. There are 3 parts: minQty defines the minimum quantity allowed. Binance Holdings Ltd. I am trying to get 24 hr volume quotes but don't understand which volume means what. 24h Volume(USDT May 6, 2020 · How to calculate position size. Nov 28, 2018 · The difference between an SMA and a basic average of the past prices is that with SMA, as soon as a new data set is entered, the oldest data set is disregarded. Binance volume today, live markets and more. A good guideline is to opt for an VWAP combines the power of volume with price action, creating a practical and easy-to-use indicator. We will use GMX/BUSD as an example. Leverage of symbols and position mode will be the same as your futures account settings. 80, a change of -35. It supports hundreds of the most commonly traded cryptocurrencies. View the Indicator: The volume indicator will appear at the bottom of the chart, showing bars for trading volume. Jul 12, 2022 · How to Post Trade Advertisements on Binance P2P (App) Binance Launches Global P2P Merchant Program; Disclaimer: Your use of the Binance P2P services and all information and other content (including that of third parties) included in or accessible from the Binance P2P services is at your sole risk. Binance is the world’s largest crypto exchange by trading volume, with $76 billion daily trading volume on Binance exchange as of August 2022, and 90 million customers worldwide. 3% MoM to hit $1. Aug 18, 2021 · Binance Futures operates multiple insurance funds to ensure that losses are sufficiently covered in extreme volume spikes. Total Algo open orders max allowed: 10 orders. Jul 17, 2024 · Relative volume, how much volume is associated with price movement, can help inform price direction. Market Hi, I've removed the volume chart by mistake on the trading view chart on binance. Binance P2P Block Trade For professional merchants that execute large transactions. For instance, if person A buys 50 BTC at $10,000 each from person B on the crypto exchange platform Binance, the volume for that trade is $500, 000. Interestingly, although the CVD indicator for Binance is bearish, its fluctuations have a stronger correlation with price movements. Crypto Trading Data - Get the open interest, top trader long/short ratio, long/short ratio, and taker buy/sell volume of crypto Futures contracts from Binance. The total amount of this trading volume can be shown in different value, if you want you can simply divide this amount by its adjusted price of LTC to know how much LTC has been transacted on this pair. Oct 21, 2022 · Binance is a company that exists to take crypto to the masses and help move the world to a decentralized digital future. Binance P2P platform has neither the rights nor the obligations to resolve any disputes arising from a completed payment. You can set up through the trading page or fapi. Nov 30, 2021 · The Binance Coin (BNB) is the native cryptocurrency of the Binance blockchain, and Binance Smart blockchain. Binance DEX is Binance's decentralized exchange, which is the company's DeFi The LOT_SIZE filter defines the quantity (aka "lots" in auction terms) rules for a symbol. How can I use this knowledge to my advantage? 896K subscribers in the binance community. Binance provides a crypto wallet for traders to store their Nov 22, 2023 · Binance is an online exchange where users can trade cryptocurrencies. 49 with a market cap of $2,008. Simply put, a high-volume and liquid market cannot be easily manipulated because there are many orders in the order book and possibly a big volume of orders within the different ranges of price. Only the data of the latest 30 days is available. 0 trillion. Some of them aim to illustrate momentum like the Relative Strength Index (RSI), the StochRSI, or the MACD. A wider bid-ask spread will have more substantial price fluctuations when closing large volume orders. Investors can spot the increase in trading volume on cryptocurrency exchanges and on-chain data to identify increased demand for cryptocurrencies, potentially signaling a bull market. 7. Oct 4, 2023 · 3. 8. Yellow candles are low relative volume bars, those that are under two standard deviations of fair value. The separate exchange was launched in response to U. You can trade BNB on the Binance. It retrieves historical candlestick data for each trading pair, calculates the mean volume over the past 24 hours, and sends Telegram alerts if the current volume exceeds certain thresholds relative to the mean volume. 3 billion fine to the Department of Justice (DOJ) and the Commodity Futures Trading Commission (CTFC) for alleged financial breaches. It can also be traded for other cryptocurrencies on the Binance exchange. Besides offering various cryptocurrencies, Binance also provides multiple trading pairs for each coin. Dec 5, 2018 · Similarly to crypto, liquidity is influenced by several factors, including the number of shares outstanding, trading volume, and the bid-ask spread. More liquid assets (like forex) have a lower Bid-Ask spread, meaning buyers and sellers can execute their orders without significantly changing the price of an asset. Blue candles are high relative volume bars, in other words, candles that are above two standard deviations of fair value. The number of transactions that have taken place on a specific cryptocurrency exchange. Binance’s netflow dynamics during this period can also be attributed to the broader cryptocurrency market recovery. If it stayed that way until candle close I wouldn't trust that price level to be very stable. Higher bars mean more trading activity. Let’s say we have a $5000 account. Up volume is how much volume there is on a day when the price rallied. It is cumulative, meaning that every 5 minutes it adds or subtracts to each pair. Conversely, if a price move is accompanied by low trading volume, it may indicate weakness of the underlying 5 days ago · Binance was the market leader amongst the centralized exchanges, with a 34. Volume accounts for all contracts that have been traded in a given period On the other hand, open interest considers the total number of open positions held by market participants at any given time. 78M. What is the BUSD token? The BUSD token is built on the Ethereum ERC-20 token standard. Jun 5, 2023 · All payments are final upon completion unless otherwise required by law. The Binance Smart Chain network runs in parallel, but independent from the Binance Chain, meaning that in the event BC ever went offline BSC would continue to operate. On technical indicators, I've searched for the volume indicator but it's not the same as before (it's not a "separate" chart on the bottom). The index ranges from 0 (Extreme Fear) to 100 (Extreme Greed), reflecting crypto market sentiment. Crypto staking is particularly common among long-term crypto holders who want to get the most out of their holdings. PNL calculation only counts assets that are listed on Binance, so the system won’t take into account the actual cost of the token as the user didn’t purchase them on Binance. May 26, 2024 · Exchange volume. A CEX will also likely have detailed guides as part of its services (Binance Academy is one example). Binance P2P is a user-friendly peer-to-peer (P2P) crypto trading platform that lets people buy and sell cryptocurrency directly with one another. What does Binance actually mean? Find out inside PCMag's comprehensive tech and computer-related encyclopedia. I'm making a program with the Binance API, but I don't understand the meaning of "Total traded base asset volume" and "Total traded quote asset volume". The similarity between all of them, however, is that they determine the prices algorithmically. When using a trading chart you have to select the Volume indicator from the menu, which will be illustrated as a bar chart at the base. Jan 31, 2023 · So, how do short sellers close their positions? They buy. Trusted by millions of users worldwide, Binance P2P Block Trade provides a secure platform that lets you buy or sell large amounts of cryptocurrency with verified users in more than 800 payment methods and 100 local currencies quickly. This strategy is based on the statistical probability that the price of an asset will revert to its mean (average) over time. Oct 19, 2024 · According to the latest data from CCData, Binance has solidified its position as the leading cryptocurrency exchange globally by surpassing a cumulative trading volume of $100 trillion across its spot Jul 7, 2023 · Volume is a metric that shows the amount of cryptocurrency traded during a specific period. In these cases, every stablecoin issued should theoretically have a corresponding asset held in reserve. Binance provides a crypto wallet for traders to store their Apr 24, 2020 · An LTC-BTC Trading pair is the buying of LTC for bitcoins, so the volume of this market will indicate how much LTC has been bought for bitcoins. Dec 14, 2022 · A CEX like Binance focuses on providing user-friendly experiences for all kinds of users. Each option has its own set of pros and cons and suitability depending on factors like order side, volume predictability, multiple orders sharing same volume, etc. This is a very common strategy in the trading world, but it’s mostly been a tool of large financial institutions. Log into your Binance account and go to [Trade] -> [Spot]. Though, as your trading volume and Binance Coin balance increase, the fees decrease. Will trading volume in the Credits Trading Mode count towards the VIP trading volume calculation? Yes, VIP trading volume calculations will factor in trading volume in the Credits Trading Mode. Dec 6, 2023 · Before diving into the world of cryptocurrency trading, it's crucial to invest time in learning. . dApp volume calculates the number of assets changing hands within a specific decentralized finance application. The volume bars will correspond to the time period already chosen for the Candlesticks. Get compressed, aggregate trades. A stock with a large number of shares outstanding and a high trading volume is generally more liquid than a stock with fewer shares and less trading activity. Binance. US app to trade on the go: iOS | Android Follow us to stay up to date with Binance. Its trading volume grew just +2. Mar 27, 2023 · 15-minute trading volume ≥ (Average 15-minute trading volume of the previous 24 * 15 minutes) * 50. This ensures quick trade execution with minimal slippage. 71% in the last 24 hours, and the 24h open interest is $32,204,545,902. For example, Binance is prone to short positions, while Bybit is prone to long positions. This allows you to be more specific about the time parameters, and customize the duration when you place an order. I've been messing around with the Binance REST API and am having trouble determining the meaning of volume vs quote volume. Arbitrage bots capitalize on price differences between different markets Nov 22, 2023 · Binance is an online exchange where users can trade cryptocurrencies. Each transaction involves a buyer and a seller. Users eligible for the Binance VIP Trader Program enjoy a range of benefits reserved for Binance VIPs, such as tier-based fee discounts, personalized limits, special invitations, and more. IP rate limit 1000 requests/5min Taker Buy/Sell Volume API Description . Volumes are displayed in the form of bars. If anyone could help me understand that would be fantastic. Maker: Total Algo open orders max allowed: 10 orders. For online traders, trading volume is an important source of information, because the analysis of volume opens up a further perspective on price movements, in addition to the Feb 9, 2024 · The Binance VIP Trader Program welcomes users who meet our requirements for Spot, Futures, or OTC trading volume, and daily BNB holding. Discover current price, trading volume, chart history, and more. srrx ilny emjqp ochg xgdggy gtu nyu zhahbsss ibjhzms whsos