Binance API, short for Binance Application Programming Interface, is a set of web services provided by Binance, a leading cryptocurrency exchange platform. This API allows developers to build applications that interact with Binance\“s trading platform, providing users with functionalities like checking account balances, executing trades, and fetching market data.
In Indian local culture, this concept can be related to a traditional market where a middleman, known as a \“Baniya\“, facilitates transactions between buyers and sellers. The Baniya would ensure the reliability of transactions and provide information about market trends, much like the Binance API does for modern cryptocurrency trading. |
