BinanceSpotTimeWeightedAveragePriceNewOrder
Place TWAP algorithmic orders on Binance USDⓈ-M Futures to spread execution over a defined duration and achieve average pricing.
Instructions
The TWAP (Time-Weighted Average Price) New Order API allows users to place TWAP algorithmic orders for USDⓈ-M Futures on Binance.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| side | Yes | Trading side (BUY or SELL) | |
| symbol | Yes | Trading symbol (e.g., BTCUSDT) | |
| duration | Yes | Duration for TWAP orders in seconds. Must be between 300 and 86400 | |
| quantity | Yes | Quantity of base asset; Maximum notional per order is 200k, 2mm, or 10mm, depending on the symbol | |
| limitPrice | No | Limit price of the order; Defaults to market price if not sent | |
| clientAlgoId | No | A unique 32-character ID among Algo orders. If not sent, a default value will be assigned |