Binance

1. Create a Binance account

If you already have a Binance account, you can skip this step and go directly to step 2.

To use Blackquant solution on Binance, a Binance Futures account is required. But before opening a Binance Futures account, you need to have a regular Binance account.

If you don’t have a Binance account, go to the official Binance website or use our referral link below to get a 10% discount on spot/margin trading fees :

2. Open a Binance Futures account

Once you have completed the registration process for your Binance account or if you already had an account, you can open a Binance Futures account :

  • Go to "Derivatives" tab then click on "USD(S)- M Futures"

From there, you will be able to open Binance Futures account

3. Fund your Binance Futures account

3.1 Get funds in your Binance main account

Before funding your Futures account, you first need to have some funds in your Binance main account.

  • Transfer crypto-currencies from other crypto-currency wallets to your Binance account.

  • Buy some crypto-currencies directly from Binance. Several options exist for payments :

3.2 Transfer funds from Binance main account to Binance Futures account

  • Go to "Wallet" then click on "Futures"

  • Click on "Transfer" then click on "Futures"

On transfer popup window :

  • In "From" field, select "Fiat and Spot"

  • In "To" field , select "USD-M Futures"

  • In "Coin" field, select "USDT Tether US"

  • Under "Amount", fill desired amount you want the bot to trade

  • Click "Confirm"

4. Create API keys

To communicate between your Binance Futures wallet and our system, API keys are necessary.

  • Go to your account menu then click on “API Management”

  • Click on "Create API" button

  • On "Create API" popup window, type desired API label name

  • Complete security verification if requested by Binance

Once created, please store your Public API key and your Secret API key in a safe place. You will need to copy both keys later on in your Blackquant dashboard.

  • Go to "Edit restrictions" then activate "Enable Futures"

  • Click on "Save" button to confirm modifications

Important : if you tick the withdrawals field, funds can be withdrawn through API key. It is highly recommanded to never tick withdrawal option to any API keys.

Note : API Key created before your Futures account open, does not support Futures API service. So if you created an API key first and opened a Futures account after that, your old API key will not work for Futures trading. You will need to create a brand new API key.

5. Configure your Blackquant account

  • Find the best subscription package based on your needs :

  • Process to checkout to confirm signup

You need to be logged in to see "My account" page

In your Blackquant "My account" page, set the following parameters :

  • Exchange, select "Binance"

  • Public API Key : Enter your Binance Public API Key

  • API Secret : Enter your Binance Secret API Key

  • Allocation : set % allocation of portfolio used by the robot. Default value is 100%.

At any time, you can update allocation parameter. All settings are read continuously by our software. If allocation has been modified during an ongoing trade, position size will be updated accordingly.

6. Verification

Under "My account" page, go to "Dashboard" section

Make sure the field “API Connectivity” displays “Connected” status.

Otherwise, check your exchange API keys again.

Initial connectivity test can take several minutes.

First trades (if any) will appear within <15 minutes on your exchange if you are correctly connected.

7. Congratulations

Your account is now fully operational and already generating profits for you.

Some extra informations can be found on the Frequently Asked Questions page :

F.A.Q.

May you have any questions, feel free to reach us through the following methods :

  • Public Telegram Group

  • Private Telegram Direct Message

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