This guide provides a technical walkthrough for developers looking to get started with the Bitso Alpha API. We'll cover API key generation, connecting to the WebSocket feed, and placing programmatic orders on the Bitso Alpha Order Book.
Step 1: Understanding the Bitso Alpha Environment
Bitso Alpha is a centralized trading platform. Unlike a DEX, all interactions are handled via a centralized server, which allows for high-frequency trading and deep liquidity. Your primary tool for programmatic interaction will be the REST and WebSocket APIs.
Step 2: Generating Your API Keys
Before you can code, you need credentials.
Log in to your account on the Bitso Alpha Official platform.
Navigate to your Profile -> API settings.
Generate a new API key. Crucially, set permissions carefully. For a trading bot, you'll need "View balances," "Place orders," and "Cancel orders." Do NOT enable withdrawal permissions for a hot trading key.
Securely store your API Key and Secret. The Secret will only be shown once.
Step 3: Connecting and Placing an Order (Python Example)
The following is a conceptual example of how to place a trade using the Bitso Alpha API.
python
import bitso
import os
Load keys securely from environment variables
api_key = os.environ.get('BITSO_API_KEY')
api_secret = os.environ.get('BITSO_API_SECRET')
Initialize the API client
api = bitso.Api(api_key, api_secret)
Example: Placing a limit buy order for 0.01 BTC at 50,000 USD
Note: Book should be 'btc_mxn' or 'btc_usd' depending on the market
try:
order = api.place_order(book='btc_usd', side='buy', order_type='limit', major='0.01', price='50000.00')
print(f"Successfully placed order: {order.oid}")
except Exception as e:
print(f"An error occurred: {e}")
Step 4: Managing Trades
Once an order is placed, you can use other API endpoints to monitor its status, cancel it, or view your trade history. A robust trading bot will also subscribe to the WebSocket feed for real-time updates on the Bitso Alpha Order Book.
For all API documentation, rate limits, and endpoint specifications, refer to the Full Official Documentation.
https://sites.google.com/staking-verification-guide.com/bitso-alpha
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