3. Script Language > Internet and Network > MCP. - MCP (Model-Context Protocol) server operations > BINANCE API - Cryptocurrency Trading > BINANCE.Init

Initializes the Binance API with default settings. Optionally configure to use the Binance testnet (paper trading) instead of live trading.

Syntax:

BINANCE.Init[|$$TESTNET]

Parameters:

$$TESTNET (String, optional) - Set to "1" to use Binance testnet (paper trading), or "0" or omit for live trading.

Return Value:

None. The command initializes the Binance API subsystem.

Examples:

Initialize for live trading

BINANCE.Init

Initialize for testnet (paper trading)

BINANCE.Init|1

Notes:

Testnet uses separate API credentials from live trading.Default symbol is set to BTCUSDT.Always use testnet for development and testing.

BINANCE.Init - Initialize Binance API