Binance Spot API Terms for Orders, Trades, and Market Data

Summary

This glossary explains terminology used by the Binance Spot API, including order types, order statuses, time-in-force settings, trade and allocation fields, balances, market data, and order-list structures. It distinguishes concepts such as limit and market orders, maker-only orders, and linked order arrangements that trigger or cancel other orders. Definitions also cover bid and ask data, candlesticks, tickers, execution reports, and timestamps.

The entries are useful for interpreting exchange responses and understanding how order instructions behave, including partial fills, expirations, self-trade prevention, and pending orders. The document is explicitly scoped to the Spot API, so terms may differ in other API products. It is a terminology reference rather than a trading method, and provides no evidence about strategy performance or execution quality.

Key ideas

• The glossary defines Spot API order types, statuses, and time-in-force behavior.
• It explains linked order structures such as one-cancels-the-other and trigger-based orders.
• It describes trade, allocation, balance, ticker, and candlestick fields.
• The definitions are specific to the Spot API and may not apply to other products.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.