Python OKX Exchange API Wrapper: Unofficial Python Extension Guide

Project Status Update

🔔 Maintenance Notice: This project has been revived from its original inactive state. I'm committed to ongoing development, ensuring full API endpoint coverage and up-to-date functionality.

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We welcome:

• Code contributions via pull requests
• Detailed bug reports
• Feature enhancement suggestions

Introduction to Python-OKX-Extension

This unofficial Python package provides comprehensive access to the OKX Exchange v5 API, designed for developers building automated trading systems.

Key Features

• Complete API Coverage:

  • REST API implementation for all endpoints
  • Secure WebSocket connections (public and private channels)
  • Testnet environment support

• Reliable Connection Handling:

  • Automatic WebSocket reconnection
  • Multiplexed connection management

• Trading Environment Flexibility:

  • Live trading (flag=0)
  • Demo trading (flag=1)

Getting Started Guide

System Requirements

• Python 3.9 or higher
• Recommended WebSocket package: websockets 6.0+

Setup Process

1. Account Preparation:

   • Register on OKX: https://www.okx.com/join/BLOCKSTARaccount/register
   • Generate API keys: https://www.okx.com/join/BLOCKSTARaccount/users/myApi

2. Package Installation:

   pip install python-okx-ext

3. Configuration:

   api_key = "YOUR_API_KEY"
   secret_key = "YOUR_SECRET_KEY"
   passphrase = "YOUR_PASSPHRASE"

Implementation Examples

REST API Usage

Spot Trading:

• Execute get_started_en.ipynb notebook
• Adjust trading environment with flag parameter

Derivatives Trading:

• Run trade_derivatives_en.ipynb notebook
• Monitor API changelog for updates

WebSocket Implementation

Private Channels:

• WsPrivateTest.py for account-specific data

Public Channels:

• WsPrivateTest.py for market data streams

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Troubleshooting & Resources

Common WebSocket Issues

• Connection Errors (code=1006):

  • Check network stability
  • Verify API permissions

Essential Documentation

• Official OKX API Docs

• Python WebSocket Libraries:

  • asyncio documentation
  • websockets package

Frequently Asked Questions

Q: Is this package officially supported by OKX?

A: No, this is an independent community-maintained project providing Python access to OKX's official API.

Q: How often should I update the package?

A: We recommend checking for updates at least monthly, or whenever OKX releases API changes.

Q: What's the difference between live and demo trading modes?

A: Demo trading uses test funds on OKX's sandbox environment, while live trading executes real market orders.

Q: Can I use this for high-frequency trading?

A: While technically possible, consider rate limits and implement proper request throttling.

Q: Where can I report security vulnerabilities?

A: Please create a GitHub issue with "SECURITY" in the title for sensitive reports.

Best Practices for API Integration

1. Rate Limit Management:

   • Implement request queueing
   • Monitor your usage metrics

2. Error Handling:

   • Comprehensive connection recovery
   • API response validation

3. Security:

   • Never hardcode credentials
   • Use environment variables for sensitive data

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