Ethereum: Python Binance Futures Take Profit and Stop Loss order API Error 2021 Order would immediately trigger

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Ethereum: Python Binance Futures Take Profit and Stop Loss Order API Error 2021

As a margin trader using futures accounts for leverage, it is not uncommon to encounter errors when integrating with external APIs. One such error that can be frustrating is the APIError returned by Binance Futures, which occurred in 2021.

The problem: APIError(14) – Invalid argument

When an error occurs, it often provides valuable insight into what went wrong. In this case, the error message APIError(14) - Invalid argument indicates that there was a problem sending a request to the Binance Futures Take Profit and Stop Loss APIs.

The Error: Why did it happen?

While we can’t know for sure without debugging the code, I’ll provide you with some insights based on common issues related to API errors:

• Invalid or Malformed Input: The error message suggests that an invalid or poorly formatted request was made to the API.

• Missing Required Parameters: Make sure that all required parameters are present in the request.

• Incorrect or Excessive Requests: Be mindful of the number and volume of requests you make to avoid hitting rate limits.

How ​​to Fix the Error

To troubleshoot this issue, let’s focus on debugging your code:

• Check API Documentation: Verify that you are using the correct endpoint, parameters, and syntax for your specific use case.

• Validate Input Data

  

  : Verify that all required fields are present, correctly formatted, and meet API requirements.

• Monitor Requests: Keep a record of incoming requests to help identify potential issues.

Updated Code: Take Profit and Stop Loss Order with Binance Futures

To illustrate how you can handle this error, I will provide an updated example using Python:

import requests





Set API credentials (replace with your own)
API_KEY = "YOUR_API_KEY"
API_SECRET = "YOUR_API_SECRET"

Set endpoint URL
ENDPOINT_URL = "

Parameters for take profit and stop loss orders
params = {
"symbol": "ETHUSDT", 
Choose your asset pair
"side": "SELL", 
Buy or sell
"type": "LIMIT_BUTTER", 
Take profit and stop loss order
"timeInForce": "GTC" 
Valid until canceled
}

Configure API request parameters
headers = {"API-Key": API_KEY, "API-Secret": API_SECRET}
data = params.copy()

Make the API request
try:
response = requests.post(ENDPOINT_URL, headers=headers, data=data)
response.raise_for_status() 
Raise an exception for HTTP errors
except requests.exceptions.APIError as e:
print(f"APIError(14) - {e.text}")

Additional tips

To avoid similar issues in the future:

• Review and update your knowledge base regularly to stay up to date with API changes.

• Use tools like requests or BeautifulSoup to inspect request parameters and headers.

• Consider implementing error handling mechanisms to catch and log errors.

By following these steps, you should be able to resolve the APIError 2021 issue and continue using Binance Futures for take profit and stop loss orders on your Ethereum futures account.

Please let me know if there is any other way I can help!

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