Binance Restores Market Order Function For Spot and Margin Trading

Key Points:

• Binance resumes “Market Order – Total” feature for Spot and Margin trading pairs, providing enhanced flexibility and customization options for users.
• API users can check the feature status with a query.
• Update expected to enhance trading experience and reaffirms Binance’s commitment to meeting user needs.

Binance has announced the resumption of the “Market Order – Total” feature for impacted Spot and Margin trading pairs.

Starting from July 19, 2023, at 02:00 (UTC), users will once again have access to this important functionality. The feature had been temporarily suspended since May 7, 2023, at 09:00 (UTC).

This update brings good news to BNB users as they will now be able to utilize both the “Total” and “Slider for Amount Customization” features while placing market orders on any Spot or Margin trading pair. These features provide enhanced flexibility and customization options, enabling users to optimize their trading strategies.

For API users, Binance has provided a convenient way to check the status of the “Market Order – Total” feature for a specific trading pair. By querying the api/v3/exchangeInfo, API users can retrieve information regarding the availability of the feature. If the query returns “quoteOrderQtyMarketAllowed: true,” it signifies that the “Market Order – Total” feature is once again active for that particular trading pair.

This update is expected to enhance the trading experience for Binance users, allowing them to execute market orders more efficiently and with greater control. By reinstating the “Market Order – Total” feature, Binance demonstrates its commitment to meeting the needs and preferences of its user base.

BNB users to stay informed about such updates and announcements to ensure they can take full advantage of the platform’s functionalities. By staying updated, users can make well-informed trading decisions and adapt their strategies accordingly.

Binance play a pivotal role in providing reliable and feature-rich platforms for traders. The resumption of the “Market Order – Total” feature reaffirms Binance’s dedication to delivering an optimal trading experience to its users.

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