From now on, it’s possible to trade cryptocurrencies with your Binance spot account directly from TradingView. Here’s how to set up this integration
Binance spot trading is now available on TradingView
TradingView, the popular charting platform, now integrates Binance’s cryptocurrency trading services:
Binance spot trading is now integrated with TradingView. Keep building.https://t.co/5E7gA7HkpF pic.twitter.com/cZTLkyPKUf
– CZ Binance (@cz_binance) May 19, 2023
This new feature only concerns spot trading at the moment.
The whole point of such an integration is to be able to benefit from a more customisable working environment than can be provided by the various cryptocurrency exchanges. This means that you can trade Binance’s various pairs while remaining on TradingView.
Once the two accounts have been linked, the TradingView interface highlights the platform’s pairs in the search tool:
Figure 1 – Binance spot trading pairs on TradingView
How do I link my Binance account to TradingView?
To link the two services, find Binance in the list of available platforms at the bottom of your chart in the Trading Panel area:
Figure 2 – Add Binance to TradingView
This action will then send you to the exchange to authorise its connection with TradingView:
Figure 3 – Authorising the connection between Binance and TradingView
Once the connection has been established, you can place orders directly from your chart using the appropriate buttons. Different types of orders are available for buying or selling, such as market orders, limit orders or stop limit orders:
Figure 4 – Order placement on TradingView
Of course, you will need to ensure that you have the necessary funds in your spot account to be able to place orders on TradingView. By extension of this same logic, there are also a few provisions to be taken into account for the security of your assets.
Indeed, once the link has been made, even if it is not possible to withdraw funds from TradingView, any loophole could theoretically allow a malicious third party to place orders in the place of the account owner. A problem of this kind was highlighted a few months ago, for example, which led to market manipulation.
To avoid unpleasant surprises, the best thing to do is not to store cryptocurrencies on your spot account after trading sessions, and/or to disconnect the link from TradingView.
