Market Buy using Total instead of Amount (or Quantity)

[shifatul-i]

As the title mentions, how do I place a buy order using the Total Instead of mentioning the Quantity. Please see screenshot below for reference.

The documentation does not have an example of this type of order.

[edafonseca]

Hello, This is done by the parameter quoteOrderQty of the endpoint POST /api/v3/order (see documentation here : https://github.com/binance/binance-spot-api-docs/blob/master/rest-api.md#new-order--trade).

But looks like this is not implemented yet (see node-binance-api.js:366).

[shifatul-i]

Hello, This is done by the parameter quoteOrderQty of the endpoint POST /api/v3/order (see documentation here : https://github.com/binance/binance-spot-api-docs/blob/master/rest-api.md#new-order--trade).

But looks like this is not implemented yet (see node-binance-api.js:366).

Yes, I saw that. ended up using this library: https://github.com/Ashlar/binance-api-node

[cheezeburger]

Hello, This is done by the parameter quoteOrderQty of the endpoint POST /api/v3/order (see documentation here : https://github.com/binance/binance-spot-api-docs/blob/master/rest-api.md#new-order--trade).

But looks like this is not implemented yet (see node-binance-api.js:366).

@jaggedsoft will this be implemented soon?

[shivchawla]

@cheezeburger Add this in the order function.

if (opt.type == 'MARKET' && typeof flags.quoteOrderQty !== 'undefined') {
            opt.quoteOrderQty = flags.quoteOrderQty
            delete opt.quantity;
} 

[ne0c0de]

quoteOrderQty didn't implemented to Futures APi on Binance side, so we have to wait to implement on them.

PS: https://dev.binance.vision/t/is-there-a-plan-to-introduce-quoteorderqty-option-in-margin-and-futures-market-orders/742/7

[Lippa73]

How do I structure the query for a market buy using quoteorderQty? Ive tried every combination I can think of but keep getting "{"code":-1104,"msg":"Not all sent parameters were read; errors

[ne0c0de]

unfortunately it's still not implemented on Binance API yet

[Lippa73]

I thought the snippet shown by shivchawla above, and has been added to my code resolved it?

EDIT: I managed to solve it, in case anyone else is looking for it, this is the required syntax -

binance.marketBuy("BTCUSDT", quantity, {type:'MARKET', quoteOrderQty: amount}, function(error, response) { console.info("Market Buy response", response); console.info("order id: " + response.orderId); });

quantity needs to be input, however it is ignored by the query

[Mas313]

@Lippa73 Its giving me undefined response. Are you sure its working for node-binance-api ?