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Binance Integrates its Futures Platform With TradingView

Validated Media

Binance, the largest crypto exchange in daily trade volume and global users, has announced the integration of its futures platform with the popular charting tool and website, Tradingview.com.

The team at Binance explained that the integration will allow its users ‘to perform technical and fundamental analysis in a comprehensive manner, manage their trades efficiently and learn new strategies with an active community.’

How to Set Up Your Binance Futures Account With Tradingview

The integration means Binance traders can now trade its USD-Margined futures perpetual and delivery contracts directly within the Tradingview browser and desktop apps.

Binance traders wishing to utilise the new feature can follow the following steps, also available on the exchange’s website.

  • Log in to Tradingview and select Binance as a broker by scrolling down the trading interface to see the list of available broker partners
  • Log in to Binance and grant Tradingview access to your account
  • Start trading on Binance through Tradingview by selecting the ‘order panel’

3Commas Users Have Had their Binance API Keys ‘Stolen’ and Used to Contra-Trade Them

Binance integrating Tradingview on its futures contracts comes amidst several instances of users of the popular 3Commas trading bot experiencing losses on their accounts due to unauthorised access to their API keys. The latter were then used to contra-trade the affected accounts leading to massive losses.

Most recently, on December 11th, the altcoins of OM, AMP, NEXO, POLS, SUN, ARDR, BIFI, XVS, ARK, LOOM, and OSMO were suspected of having been contra-traded due to the 3Commas trading bot API issue.

Source: @WuBlockchain on Twitter

The 3Commas team responded to the issue through a press release, stating that it had, since October, received several complaints about unauthorised trades on Binance, OKX and the now-bankrupt FTX. The team explained that they were dealing with each case individually and were doing their best to help affected users.

In addition, the 3Commas team explained that there was no exact pattern to the unauthorised trading, and it seemed the perpetrators were part of a sophisticated criminal organisation.

‘It is possible that API details were gathered over an extended period of time and then the perpetrators waited for the market to slow down and provide a window where many trading pairs were illiquid and easier to manipulate,’ 3Commas explained.

They added, ’If the perpetrators are part of a sophisticated criminal organisation, then it is probable that they were extremely patient until they felt they had gathered enough API keys and for the most opportune time to strike.’

(By John P. Njui)

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