How to trade on Binance
If you have accounts on multiple exchanges, you can connect and manage them all on Cryptowatch.
You can connect your exchange accounts by generating API keys on the exchange site, then plugging those keys into Cryptowatch’s Exchange Keys page. See this article for some tips on API key security, if you haven’t already.
Cryptowatch offers a lot of tools that can enhance your trading on Binance. You can:
Do technical analysis and chart drawings while you trade
View real-time order book and trade history feeds
Track your balances across multiple exchanges in real-time on the Portfolio page
Receive SMS and email alerts for price and volume and order-fills
Create and save custom themes
Stream prices and order books with the Market Data WebSocket API
Pull market data into Google Sheets with the Cryptofinance.ai plugin
Automate orders and alerts using triggers and actions with Zapier integration
In Cryptowatch, click the profile icon in the top-right corner, then select Exchange Keys from the menu:
The Exchange Keys page is where you can plug in API keys from trading- and portfolio-enabled exchanges into Cryptowatch:
Cryptowatch connects to your exchange accounts using the public and private keys generated by the exchange. API keys generally come in pairs — one public key, and one private (like a crypto wallet). As you will see soon, these keys can be set up to allow or disallow different actions.
You can open Binance in another window and sign in, or click the “Generate key here” button in the Binance square on the Exchange keys page. Enter your Binance.com credentials on the login screen to create a new API key.
Alternatively, you can reach the API page on Binance.com by clicking on your profile icon in the top-right of the page after signing in, and choosing API Management:
If you click the “Generate Key here” on Cryptowatch a new Binance page will open:
It helps to give your key a label relevant to its purpose — like “Cryptowatch”.
When you click “Create API” Binance will prompt you to enter a 6-digit email code as well as your Google Authenticator 2FA code. When the codes are received, Binance will send you an email with an activation link.
After entering both codes you will be taken to a window displaying your public and private API keys:
To be able to trade on Cryptowatch you will need to select “Read Info” and “Enable Spot & Margin Trading” permissions in your API key. If you want to trade Vanilla Options on Binance, check the "Enable Vanilla Options" box as well. Withdrawals are not possible through Cryptowatch — leave “Enable Withdrawals” un-checked.
Do not enable IP Access Restriction — this feature is currently unsupported by Cryptowatch.
Copy and paste the Secret Key into Cryptowatch now — Binance will hide the key if you leave the page. If that happens, you will have to delete the key and start over.
Next, copy and paste in the key labeled “API key” into the API Key field. Cryptowatch will then automatically attempt a connection to your Binance.com account.
If an error occurs, you must delete the API key in Binance and try again with a new key.
If your Binance box on the exchange keys page changes color and looks like the image above, the connection was successful:
If you received an Invalid Key, Unprivileged Key, Key Not Exclusive, or Unhandled error, visit the How to connect exchange accounts to Cryptowatch article for troubleshooting tips
Now you can place and cancel orders and manage your Binance.com portfolio on Cryptowatch. If you’re new to Cryptowatch, try following the Onboarding guide to get acquainted with the interface.
Now you can use Cryptowatch to trade on Binance markets!
A good way to get started is to visit the Markets page, then filter the list by exchange. Click the Exchanges drop-down list on the left and select Binance. Alternatively, type “Binance” in the search bar to narrow the exchange list down.
This will filter the list to show Binance markets only. If you want to view markets for a specific asset, use the Asset’s drop-down list to filter the results even further. Clicking any market here will open that market in the trading terminal.
You can select multiple assets on the Markets page to quickly compare markets.
Binance traders can use Cryptowatch’s advanced charts to trade and perform technical analysis as well as track their funds alongside any other exchange accounts on the Portfolio page.
Check out these articles to learn more about trading and analysis on the Charts page:
These articles demonstrate the Portfolio page:
Cryptowatch’s alerts function is a favorite among traders as well. Check out these articles to learn how to set alerts for price, volume, and order fills: