Tradoflow

How to Set Up Binance Spot Live Trading

This guide walks you through setting up a Binance Spot live account and connecting it to Tradoflow for executing your strategies with real funds.

Step 1: Sign Up for a Binance Live Account

  • Visit the Binance website.
  • If you don't already have an account, click on the Create an account button and follow the prompts to create an account.

Step 2: Enable API Access

  • Navigate to the API Management section under your Binance account settings.
  • Click the Create API button to generate a new set of API keys.
  • Label your API key and set the permissions needed for trading.
  • Make sure to save the API Key and Secret that are generated, as they will be needed later.

Step 3: Connect to Tradoflow in Live Trading Mode

  • Open Tradoflow and navigate to the Connections section.
  • Click on Create Connection and select Binance Spot from the list of available exchanges.
  • Choose Live mode to execute real trades with your funds.
  • Paste the API Key from Binance into the API Key field in Tradoflow.
  • Paste the API Secret into the API Secret field.
  • Save your connection settings.

Additional Notes

  • Why Live Mode? - Live mode allows you to execute your strategies with real money on the market. It's essential for moving from simulation to actual trading.
  • Troubleshooting - If you encounter issues connecting your Binance account to Tradoflow, double-check your API key settings and ensure that you are using the correct keys for live trading.

By following these steps, you'll be able to set up and test your Binance Spot integration in Tradoflow using live mode, allowing you to execute your strategies with real funds in the market.