From now on, it is possible to trade cryptocurrencies with your Binance spot account directly from TradingView. Here’s how to set up this integration.
Binance Spot Trading Now Available on TradingView
TradingView, the famous chart analysis platform, now integrates Binance services for cryptocurrency trading :
Binance spot trading is now integrated with TradingView. Keep building.https://t.co/5E7gA7HkpF pic.twitter.com/cZTLkyPKUf
— CZ 🔶 Binance (@cz_binance) May 19, 2023
This novelty only concerns spot trading for the moment.
The whole point of such an integration is to be able to benefit from a more customizable work environment than the different cryptocurrency exchanges can be. This thus allows to trade the different Binance pairs while staying on TradingView.
Once the two accounts are linked, the TradingView interface precisely highlights the pairs of the platform in the search tool:
Figure 1 — Binance spot trading pairs on TradingView
👉 To go further — Find our guide on the Binance cryptocurrency platform
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How to link your Binance account to TradingView?
To link the two services, it is a matter of going find Binance in the list of available platforms at the very bottom of its chart in the “Trading Panel” area:
Figure 2 — Adding Binance to TradingView
This action will then send you back to the exchange, in order to authorize its connection with TradingView:
Figure 3 — Allow connection between Binance and TradingView
Once the connection is established, it will then be possible place orders directly from their chart, using the appropriate buttons. Different types of orders are available for purchase or sale such as market orders, limit orders or stop limit orders:
Figure 4 — Order placement on TradingView
Of course, you have to make sure to have the necessary funds in their spot account in order to be able to program orders on TradingView. By extension to this same logic, there will also be some provisions to take into account for the security of its assets.
Indeed, once the link is made, even if it is not possible to withdraw funds from TradingView, some flaw could theoretically allow a malicious third party to place trades on behalf of the account owner. A problem of this order was, for example, highlighted a few months ago, which made it possible to carry out market manipulation.
To avoid unpleasant surprises, it is therefore best not to store cryptocurrencies on your spot account after trading sessions, and/or to disconnect the link from TradingView.
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Source: Trading View
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I timidly discovered the world of blockchain at the end of 2018 during my quest for financial freedom. Initially invested moderately, it was only two years later that I took the gamble of betting everything on the movement that was taking shape then. I then dedicate 2021 to training myself better to acquire more knowledge and seriousness. As I often like to say: I still have a billion things to learn. And what I do know, I want to share with you.
Vincent Mayor
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