Configuring a Binance account

The following steps are only necessary if you are going to use the CONNECTOR to synchronize with Binance.

Register an account at the Binance website or log in to your account if it was previously registered.

Go to your profile and make sure the two-factor authentication (2FA) is enabled.

Make sure you have completed the Identity Verification and your Verification Level is Verified Plus.

If you are going to use the USDⓈ-M Futures derivative and have not used it previously, go to the Binance Futures web-terminal and make sure that this instrument is activated.

Create an API Key.

Go to the API management page and click the Create API button:

Select the System generated API Key type and click the Next button:

Enter an arbitrary API Key label and click the Next button:

Pass a security check including CAPTCHA and 2FA.

Click Edit restrictions

Make sure that the API functions you need are enabled: Futures and/or Spot trading. Select the Unrestricted IP access option to allow using the key from any IP address. Keep the API Key and the Secret Key in a safe place. Click the Save button.

3.6. If you use Futures, the MT5 account type (netting, hedge) must match the Binance Position Mode (one-way, hedge), otherwise the CONNECTOR will not be launched.

To change the Binance Position Mode in the Binance Futures web-terminal:

Click the settings icon in the upper right corner, and then click Preference in the menu that opens:

Select the Position Mode tab in the Preference window, and then select the required position mode: