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place_market_order

Execute immediate cryptocurrency trades on Binance by specifying trading pair, buy/sell direction, and quantity for instant order fulfillment.

Instructions

Place a market order to buy or sell.

Args: symbol: The trading pair, e.g., BTCUSDT. side: BUY or SELL. quantity: Amount to trade.

Returns: Order placement result.

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault
symbolYes
sideYes
quantityYes

Implementation Reference

  • The handler function for the 'place_market_order' tool. It is registered via the @mcp.tool() decorator and implements placing a market order on the Binance spot market using signed API requests.
    @mcp.tool() def place_market_order(symbol: str, side: str, quantity: str) -> Any: """ Place a market order to buy or sell. Args: symbol: The trading pair, e.g., BTCUSDT. side: BUY or SELL. quantity: Amount to trade. Returns: Order placement result. """ url = "https://api.binance.com/api/v3/order" timestamp = int(time.time() * 1000) params = { "symbol": symbol, "side": side, "type": "MARKET", "quantity": quantity, "timestamp": timestamp } query_string = "&".join([f"{k}={v}" for k, v in params.items()]) signature = hmac.new(BINANCE_SECRET_KEY.encode(), query_string.encode(), hashlib.sha256).hexdigest() params["signature"] = signature headers = {"X-MBX-APIKEY": BINANCE_API_KEY} response = requests.post(url, headers=headers, params=params) if response.status_code == 200: return {"message": f"{side} {quantity} {symbol} order placed"} return {"error": response.text}

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