Binance API Tutorial: Market Data Interface (Part 1)

This guide explores Binance's API endpoints for market data, focusing on connectivity, server time retrieval, and exchange information. Designed for developers and traders, it provides clear instructions and technical details.

Key Features Covered

Connectivity Testing (/fapi/v1/ping)
Server Time Retrieval (/fapi/v1/time)
Exchange Rules & Pairs (/fapi/v1/exchangeInfo)

Testing API Connectivity

👉 Verify your API connection

Endpoint:

GET /fapi/v1/ping

Response:

{}

Details:

Weight: 1
Parameters: None
Purpose: Confirms API service availability.

Retrieving Server Time

Endpoint:

GET /fapi/v1/time

Response:

{
  "serverTime": 1499827319559
}

Details:

Weight: 1
Parameters: None
Use Case: Synchronize local systems with Binance's timestamp.

Exchange Information Endpoint

👉 Understand trading rules

Endpoint:

GET /fapi/v1/exchangeInfo

Response Structure:

{
  "exchangeFilters": [],
  "rateLimits": [
    {
      "interval": "MINUTE",
      "intervalNum": 1,
      "limit": 2400,
      "rateLimitType": "REQUEST_WEIGHT"
    }
  ],
  "assets": [
    {
      "asset": "USDT",
      "marginAvailable": true
    }
  ],
  "symbols": [
    {
      "symbol": "BLZUSDT",
      "contractType": "PERPETUAL",
      "baseAsset": "BLZ",
      "quoteAsset": "USDT",
      "pricePrecision": 5,
      "filters": [
        {
          "filterType": "PRICE_FILTER",
          "minPrice": "0.0001",
          "tickSize": "0.0001"
        }
      ]
    }
  ],
  "timezone": "UTC"
}

Key Fields:

Field	Description
`rateLimits`	API request limits
`symbols`	Supported trading pairs
`filters`	Price/quantity restrictions

FAQ Section

Q1: How do I test if the Binance API is operational?
A1: Use the /ping endpoint. An empty {} response confirms connectivity.

Q2: What’s the purpose of the /time endpoint?
A2: It returns Binance’s server timestamp for synchronization.

Q3: Where can I find list of tradable pairs?
A3: The /exchangeInfo endpoint provides all available symbols and rules.

Q4: Are there API rate limits?
A4: Yes. For example, 2400 requests/minute under REQUEST_WEIGHT.

Keywords

Binance API
Market Data
API Connectivity
Server Time
Exchange Rules
Trading Pairs
Rate Limits
Precision Settings


*Notes:*