Close a position in Binance of the future with CCXT **

Introduction

————–

As a user of the popular bony for the exchange of cryptocurrencies, the management of your positions is crucial for optimizing your trade strategy. In this article we will show how the position of the Binance Futures closes with the CCXT library in Python.

Requirements

—————-

• Installed the required libraries:

+ Ccxt (currency and Exchange)

+ Binance Download Exchange data download

• Make sure you have created an account with Binance and have received your API key

Code implementation

——————–

`Python

Import ccxt

Define API key and other necessary parameters

Api_key = 'your_binance_api_key'

Api_secret = 'your_binance_api_secret'

Exchange_Name = 'Binance'

DEF REACH_PION ():

"" "To access the current balance." "" ""

Exchange = ccxt.binance ()

Answer = Exchange.fetch_balanca () ['info']

Return answer ['positions']

Def Close_Position (position):

"" Close the position on the binans of the future. "" ""

Position_id = position ['id']

Exchange = ccxt.binance ()

result = Exchange.close_position ({{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{

'Positioning_id': Position_id,

'Type': 'Close',

"Page": "Markt"

I)

The result of a return

You get the current balance

Position = Reach_Position ()

Close the position with CCXT

POS = [P for P in a position if P ['symbol'] == Exchange_Name and P.Gget ('status') == 'Open']

If Pos:

Close_position (POS [0])

Explanation

--------------

• The first functionfetch_position ()calls the current account balance of your account using theccxt.binca ().

• The second functionclose_position ()takes the facility as an entrance and closes it withccxt.binance ()libraries. You can access your position details by containing a “position” variable “with open or closed position information.

Note : Make sure you replace with your actual API key from Binance I Yourbinance_api_Key’` if you are not used with your secret API key (in this example). Also ensure that you use the current version of the “CCXT” library.

Examples of application cases

————————

• Close an open position to lock your profit

• Close a closed position to open a new asset

• Open a closed position after a market correction

According to this article, you should be able to close positions on Binance -Futures using the CCXT library in Python. Remember to keep your API key securely and update them accordingly.