Skip to content

Instantly share code, notes, and snippets.

@lukaszbinden
Last active July 28, 2021 09:00
Show Gist options
  • Save lukaszbinden/dc884eb396927d860b6f6dba718fbffb to your computer and use it in GitHub Desktop.
Save lukaszbinden/dc884eb396927d860b6f6dba718fbffb to your computer and use it in GitHub Desktop.

Trading crypto currency pairs on Binance follows the following rules:

own want action price
base quote SELL bid
quote base BUY ask

Examples:

I have I want Action price Pair I get
USDT base BUY ask BTCUSDT BTC
BTC base BUY ask FILBTC FIL
FIL quote SELL bid FILUSDT USDT

Thus:

  • if I want to get the base currency of a pair, I must own the quote currency and BUY the pair with it.
  • if I want to get the quote currency of a pair, I must own the base currency and then SELL it.
Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment