Disclaimer: This glossary refers only to the SPOT API Implementation. The definition for these terms may differ with regards to Futures, Options, and other APIs by Binance.
ACK
newOrderRespType
enum. Stands for a type of order response in JSON where only the following fields are emitted:symbol
,orderId
,orderListId
,clientOrderId
, andtransactTime
.
avgPrice
- Represents the volume weighted average price for a set interval of minutes.
aggTrade
/Aggregate trade
- Aggregation of one or more individual trades from the same taker order that got filled at the same time and price.
asks
- Orders on the
SELL
side.
baseAsset
- The first asset in the symbol (e.g.
BTC
is thebase asset
of symbolBTCUSDT
), which represents the asset being bought and sold (thequantity
).
baseAssetPrecision
- A field found in
GET /api/v3/exchangeInfo
that shows the number of decimals allowed on thebaseAsset
.
baseCommissionPrecision
- A field found in
GET /api/v3/exchangeInfo
that represents the number of decimals base asset commission will be calculated to.
bids
- Orders on the
BUY
side.
BREAK
- Symbol's trading status that represents the symbol is not available for trading, which can happen during expected downtime. Market data is not generated during
BREAK
.
BUY
- An enum in the
side
parameter when a user wants to purchase an asset (e.g.BTC
).
CANCELED
- Order
status
indicating the order has been canceled by the user.
clientOrderId
- A field, which can be set by the user, in the JSON response for
POST /api/v3/order
to identify the newly placed order.
commission
- The fee that was paid on a trade.
commissionAsset
- The asset the commission fees were deducted from.
cancelReplaceMode
- Parameter used in Cancel Replace orders (i.e.
POST /api/v3/order/cancelReplace
) that define whether the New Order Placement should proceed if the Cancel Request fails.
cummulativeQuoteQty
- The accumulation of the
price
*qty
for each fill of an order.
Data Source
- Specifies where the endpoint or request is retrieving their data.
executedQty
- The field that shows how much of the quantity was filled in an order.
EXPIRED
- Order
status
indicating the order was canceled according to the order type's rules or by the exchange.
filters
- Defines the trading rules on the exchange.
FOK
/ Fill or Kill
timeInForce
enum where the order will not fill and expire if the order cannot be fully filled.
free
- The amount of an asset in a user's balances that can be used to trade or withdraw.
FULL
newOrderRespType
enum. Stands for a type of order response in JSON, where all the order information is emitted, including ordersfills
field.
GTC
/ Good Til Canceled
timeInForce
enum where the order will remain active until it is canceled or fully filled.
HALT
- Symbol's trading status that represents the symbol is not available for trading, which can happen during emergency downtime. Market data is still generated during
HALT
.
intervalNum
- Describes the amount of time in the interval (e.g. if
interval
isSECOND
andintervalNum
is 5, then this will be interpreted as every 5 seconds).
IOC
/ Immediate or Canceled
timeInForce
enum where the order tries to fill as much as possible, and the remaining unfilled quantity will expire.
isBestMatch
- Field in the Response JSON that determines if the price of the trade was the best available on the exchange.
isBuyerMaker
- Field in the Response JSON that indicates if the Buy side (the Buyer) was also the market maker (the Maker).
isWorking
- Field in the JSON that shows if the order has started working on the order book.
kline
- Identifies the open, close, high, low price, trading volume, and other market data, of a symbol at a specified time for a specific duration. Also known as a Candlestick.
LIMIT
- a
type
of order where the execution price will be no worse than the order's set price. The execution price is limited to be the set price or better.
LIMIT_MAKER
- A
type
of order where the order can only be a maker order (i.e. The order cannot immediately match and take).
limitClientOrderId
- A parameter used in placing OCO orders (i.e.
POST /api/v3/order/oco
) that identifies theLIMIT_MAKER
pair of the OCO Order.
listClientOrderId
- A parameter used in placing OCO Orders (i.e.
POST /api/v3/order/oco
) that identifies the pair of orders.
listenKey
- Individual key used on User Data Stream to get live updates on the associated account.
locked
- The amount of an asset in a user's balances that are currently locked in open orders and other services by the platform.
MARKET
- A
type
of order where the user buys or sells an asset at the best available prices and liquidity until the order is fully filled or the order book's liquidity is exhausted.
Matching Engine
- This can either refer to a Data Source in the documentation which means the response is coming from the engine.
- Or this is referred to as the system that handles all the requests and matches orders.
Memory
- Data Source where the response is coming from the API's internal memory or cache.
NEW
- Order
status
where a order has been successfully sent to the Matching Engine.
newClientOrderId
- Parameter used in the SPOT API to assign the
clientOrderId
for the order being placed or the cancel message.
Notional value
- The
price
*qty
value.
OCO
- One-Cancels-the-Other type of order that is composed by a pair of orders (i.e.
STOP_LOSS
orSTOP_LOSS_LIMIT
paired with aLIMIT_MAKER
order) with the condition that if one of the orders execute, the other is automatically expired.
Order Book
- List of the open bids and asks for a symbol.
orderId
- A field in the order response that uniquely identifies the order on a symbol.
origQty
- The original
quantity
that was sent during order placement.
origClientOrderId
- Field used when canceling or querying an order by providing the
clientOrderId
.
PARTIALLY_FILLED
- Order
status
indicating that part of the order has been partially filled.
quantity
- Parameter used to specify the amount of the
base asset
to buy or sell.
quoteAsset
- The second asset in the symbol (e.g.
USDT
is thequote asset
of symbolBTCUSDT
) which represents the asset being used to quote prices (theprice
).
quoteAssetPrecision
- A field found in
GET /api/v3/exchangeInfo
that shows the number of decimals allowed on thequoteAsset
.
quoteCommissionPrecision
- A field found in
GET /api/v3/exchangeInfo
that represents the number of decimals quote asset commission will be calculated to.
quoteOrderQty
MARKET
order parameter that specifies the amount of the quote asset one wants to spend/receive in a "Reverse MARKET order".
quoteQty
price
*qty
; the notional value.
recvWindow
- Parameter in the APIs that can be used to specify the number of milliseconds after the
timestamp
the request is valid for.
RESULT
newOrderRespType
enum. Stands for a type of order response in JSON, where all the order information is emitted, except order'sfills
field.
Reverse MARKET
order
- A
MARKET
order that is specified using thequoteOrderQty
instead of thequantity
.
SELL
- An enum in the
side
used when a user wants to sell an asset (e.g. BTC).
SPOT
- This is to distinguish a type of trading, where the purchase and delivery of a asset is made immediately.
stopClientOrderId
- A parameter used in placing OCO orders (i.e.
POST /api/v3/order/oco
) that identifies theSTOP_LOSS
orSTOP_LOSS_LIMIT
pair of the OCO Order.
stopPrice
- The price used in algorithmic orders (e.g.
STOP_LOSS
,TAKE_PROFIT
) that determines when an order will be triggered to be placed on the order book. - The price used in trailing algorithmic orders (e.g.
STOP_LOSS
,TAKE_PROFIT
) to determine when trailing price tracking begins.
STOP_LOSS
- A
type
of algorithmic order where once the market price hits thestopPrice
, aMARKET
order is placed on the order book.
STOP_LOSS_LIMIT
- A
type
of algorithmic order where once the market price hits thestopPrice
, aLIMIT
order is placed on the order book.
strategyId
- Arbitrary numeric value identifying the order within an order strategy.
strategyType
- Arbitrary numeric value identifying the order strategy.
symbol
- A trading pair, composed of a
base asset
and aquote asset
. (e.g. BTCUSDT and BNBBTC)
TAKE_PROFIT
- A
type
of algorithmic order where once the market price hits thestopPrice
, aMARKET
order is placed on the order book.
TAKE_PROFIT_LIMIT
- A
type
of algorithmic order where once the market price hits thestopPrice
, aLIMIT
order is placed on the order book.
ticker
- Reports the price change, and other maker data, of a symbol within a certain rolling interval.
timeInForce
- Determines the taker behavior of an order, if an order can be a maker order, and how long the order will stay on the order book before it expires.
- Supported enums are
GTC
,IOC
, andFOK
.
TRADING
- Trading status where orders can be placed.
trailingDelta
- Trailing Stop Order parameter that specifies the delta price change required before order activation.
trailingTime
- The time when the trailing order is now active and tracking price changes.
transactTime
- The time when the order occurred. This field (as well as all timestamp related fields) will be in milliseconds.
uiKlines
- Modified candlestick data that is optimized for presentation of candlestick charts.
updateTime
- Last update to the order. This field (as well as all timestamp related fields) will be in milliseconds.
User Data Stream
- Websocket stream used to get real-time information of a user's account. (e.g. Changes to Balances, Order Updates, etc.)
weightedAveragePrice
- The volume weighted average price in the last x minutes.
workingTime
- The time when the order started working on the order book.
X-MBX-ORDER-COUNT-XX
- Response header that is emitted when a user places an order, indicating the current order count for the interval XX for that account.
X-MBX-USED-WEIGHT-XX
- Response header that is emitted when a user sends any request to the API, indicating the current used request weight for the XX interval by the user's IP.