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      Binance Margin Launches Margin Special API Keys for Lower-Latency Connection

      This is a general announcement. This announcement is not intended for users in regions where products and services referred to here are not available.

      Fellow Binancians,

      Binance Margin is pleased to announce the launch of Margin Special API Keys. Eligible users who hold Margin Special API Keys will enjoy lower-latency connection for margin trading, and maximize their asset utilization on Binance Margin.

      Key Differences Between Margin Special API Keys & Normal API Keys:

      Margin Special API Keys

      Normal API Keys

      Specialty

      Lower latency as orders are placed via spot endpoints. Traders can enjoy the same level of low latency as spot trading on Binance Margin. 

      Higher latency as orders are placed via margin endpoints.

      Functions

      • Order placement

      • Order placement

      • Automatic borrowing and repayment

      Compatibility

      • Classic Portfolio Margin Program

      • Cross and Isolated Margin

      • Classic Portfolio Margin Program

      • Portfolio Margin Program

      • Cross and Isolated Margin

      Availability

      • VIP 4 - 9 users

      • Regular, and VIP 1 - 3 users who qualify for one of the three categories as per our review:

        • Market makers

        • High frequency traders

        • High margin volume traders 

      • All users

      Requirements

      Binance users who:

      • Have completed identity verification and Proof of Address, and

      • Do not reside in a Binance Margin-restricted country/region

      Notes:

      • All VIP 4 - 9 users, as well as market makers, high frequency traders or high margin volume traders who are VIP 3 or below, can contact their key account coverage team to request for a Margin Special API Key. 

      • The Margin Special API Key is only applicable to “/api” endpoints, and can only be used to place orders. For margin borrowings or repayments, please use the normal API key.

      • Binance reserves the right to remove users’ access to Margin Special API Keys when they no longer meet the eligibility requirements.

      • For more information, please refer to the FAQ on Margin Special API Key

      • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

      Thanks for your support!

      Binance Team

      2023-08-10

      Read the original article at binance

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