Using Binance demo exchange

[gottfrois]

Hey mate, great work with your videos! I was wondering if you managed to use the Binance demo exchange? I tried without success as it looks like no orders are generated even from very common symbols...

Maybe I missed something, if you managed to make it work, I would love some insights or even a video about it as I think it's important to evolve in a safe demo account when working on this project rather than on the real thing.

Thanks!

[Cinderella-Man]

Hi @gottfrois

Thank you for your comment :heart:

One of the viewers commented about the demo exchange(Binance testnet - https://testnet.binance.vision/) last year.

There are a few important details to consider when using the Binance testnet:

• it's completely isolated from the real exchange. That means when you connect to WebSocket you won't see any trades that are happening in real Binance exchange (that's fine/expected on its own)
• all trading data gets removed from the testnet Binance exchange every month

Because of the above, almost nobody uses it which is visible by looking at order book(list of all currently placed/active orders) on any popular symbol for example BTCUSDT: https://testnet.binance.vision/api/v3/depth?symbol=BTCUSDT

At the moment of writing this response there are no "bids" (buy orders; so there won't be any trades ever, so nothing on the socket for the most traded symbol on Binance):

{
  "lastUpdateId":115938,
  "bids":[],
  "asks":[
     ["40000.00000000","0.32495000"],
     ["40768.00000000","0.00100000"],
     .....
   ]
}

I do agree that it's important for this exercise/project for people to be able to play around without even opening a Binance account - sadly I realized it a little bit late in the series. In the 7th episode ("Mocking the Binance exchange") I went through creating a mock of Binance so nobody needs to have an account with Binance to follow along. You can't "revert back the time" with YouTube sadly, I managed to get BinanceMock much sooner inside the book - so there were lessons learnt from this.

I hope that makes sense,

Best of luck and thanks again for creating an issue