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A must-read for quantitative trading veterans: Can you earn commissions by placing orders using API? Teach you a trick to reduce the handling fee!

Are the handling fees for quantitative trading too high? Don't let your profits be eaten up! This article will teach you step by step how to access major exchanges such as Binance and OKX through API, and enjoy a permanent 20% discount on handling fees, safely and saving money in one step.

A must-read for quantitative trading veterans: Can you earn commissions by placing orders using API? Teach you a trick to reduce the handling fee!

A must-read for quantitative traders: How to get commission rebates for API orders? Lao Jiucai teaches you how to save handling fees!

Brothers, those who engage in quantitative trading and write their own programs to run strategies, do you always feel that handling fees are like blood-sucking insects, eating away your profits bit by bit? Today we are not going to talk about mystical strategies, but let’s talk about something practical - how to get rebates when calling the exchange API to place an order, so as to severely reduce transaction costs! This is not a small amount of money, and it can save a mining machine in the long run.

Core Principles: Stay away from pheasants and embrace formality

Before we get started, Lao Liucai has to say one more thing: When playing quantitatively, capital safety always comes first! ** Don’t use some pheasant platforms you’ve never heard of just to save on handling fees or pursue high leverage. One day the needle goes missing and you can't even find a way to cry. We only recommend the world’s top, licensed and compliant exchanges such as Binance and OKX, which are as stable as an old dog.

All tutorials and recommendations revolve around these regular licensed exchanges, so feel free to follow them.

Mainstream exchange API rebate access guide

For quantitative teams or individual developers with independent development capabilities, the core of getting rebates through API transactions is to correctly fill in the "recommendation code" or "tag" when creating the API. The following takes two major platforms as examples to teach you how to operate them step by step.

Option 1: OKX (OUYI) API rebate setting

OKX is very friendly to quantitative trading, the API is powerful, and setting up rebates is as easy as drinking water.

Core steps:

  1. Register OKX account with exclusive link. This is the most critical step. The rebate relationship must be tied up at the source. Don’t wait for a pat on the back later.
  1. Log in to OKX and create an API Key in the account center. Remember to check the withdrawal and transaction permissions, don’t make a mistake.
  2. In your quantification program, when calling OKX’s order interface (such as /api/v5/trade/order), you need to set the tag field in the request parameters.
  3. Set the value of this tag field to your referral code, which is LULALA. In this way, all transactions conducted through this API can be correctly identified and enjoy rebate discounts, which brings peace of mind.

Official Documentation: For all interface details and parameter descriptions, be sure to read OKX Official API Documentation. Do it yourself, have enough food and clothing, don’t be lazy!

Option 2: Binance API rebate settings

As the world's largest exchange, Binance has the most complete API ecology, but the rebate rules may be a bit confusing. Note that the API rebates for spot and contract may be different, so don’t get confused.

Core steps:

  1. Sign up for a Binance account using the exclusive link. Likewise, this is the basis for enjoying all subsequent benefits, and no step can be omitted.
  1. Log in to Binance and create an API Key in the User Center. It is recommended to create a separate set of Keys for the quantification program and keep the Secret well so as not to leak it.
  2. Currently, for Binance’s spot transactions through API, the rebate association is usually locked through the referral code during the account registration stage. As long as you register an account through the link and referral code above, you can generally enjoy the corresponding fee discount for API transactions generated by this account.
  3. Important Note: The rebate policies for different products may be updated. The most stable way is to try to add the recommendation code identifier (such as LULALA) in the newClientOrderId and other fields of the order request in the program, or read the latest Binance API documentation, don't take it for granted.

Why choose CoinRebate’s referral code?

  1. Highest authority discount: What we provide is the top agent code officially recognized by the exchange, ensuring that you get the highest rebate ratio on the market (Binance, OKX, Bybit, etc. are all 20% OFF), which is not comparable to those of ordinary agents.
  2. Permanently valid: Register once and enjoy the fee discount for life. Regardless of whether you are doing it in a small way or in a big way, the discount will always be effective and will not be fake.
  3. Security and worry-free: All registration links have undergone security testing and are directly connected to the exchange’s official or trusted alternative domain names to eliminate phishing risks. You just need to concentrate on your strategy, and we will help you with the commission rebates, making it a stable one.

The ultimate advice for quantitative brothers

  1. Register first, develop later: Before starting to write code, first use our recommended links to register for mainstream exchange accounts. In this way, you can enjoy the discount seamlessly regardless of testing or real-time trading. Don’t regret it after the strategy is implemented.
  2. Documentation is the Bible: OKX API Documentation and Binance API Documentation are your best friends. Any interface changes and parameter updates must be based on official documents and do not rely on hearsay.
  3. Decentralized Configuration: Don’t put all your eggs in one basket. You can configure the APIs of multiple platforms such as Binance, OKX, Bybit, etc. at the same time, select the optimal trading channel according to strategic needs and market conditions, and move the market flexibly.

Act now to reduce your quantitative costs:

Wouldn’t it be great to turn the saved handling fees into additional profits for your strategy? If you are also interested in API commissions from other exchanges (such as Bitget, Gate.io), please follow us and we will bring more useful tutorials in the future.

祝各位量化大神，策略长红，费率最低，早日财富自由！

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