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Ethereum API Error: Exceeding the maximum borrowing amount
Ethereum API provides a stable system for managing borrowing and margins. However, it seems that there was a mistake in the code. In this article, we will go into details and explore ways to solve it.
Error: Apierror (code = -3006)
Error -3006 indicates that there is a problem with your loan amount exceeding the maximum amount allowed. This can occur for a variety of reasons, such as insufficient funds or incorrect parameters that are transferred to the API. The exact cause of this error may vary depending on the particular scenario.
Understanding the amount of loan
Ethereum API, borrowing and reserve trade involves managing available funds against the overall value of the assets you want to borrow or lend. The maximum borrowing amount is determined by the network, which ensures that the transactions have enough funds. If this border is exceeded, the API will make a mistake.
Error resolution
To solve this error, we need to make sure that our parameters are correct and allowed. Here are some steps you can take:
- Check the available funds : Make sure you have enough funds for borrowing or marginations for trade.
- Check the API parameters : Make sure your request parameter "Sum" is in a permitted range (for example, 1000 BTC to 20000 BTC).
3
Adjust your strategy : If you have exceeded the maximum amount of borrowing, consider adjusting your strategy to reduce the risk or delay the future loan.
Code Example: Solving Error
Here is an example of how we can modify our code to solve the API error:
`Python
Import requests
Replace with API credentials and other settings
Customer = Request.Client ()
Def Get_isolated_margin_account (symbol):
Give the request API
info = client.get (f'https: //api.ethereum.com/v1.0/Balance? Symbol = {symbol} ')
try:
Parse the reply data
Balance = Float (Information ['Balance'])
Calculate BTC's total asset
TotalassetofBTC = Balance / 10 ** 8
Precision = 5
Order = ...
Return information, TotalassetofBTC, accuracy
Except for requests.Exception.httperror as http_err:
Print (Error F'HTTP: {http_err} ')
Except for value as ERR_VAL:
Print (Error: {ERR_VAL} ')
Replace with API credentials and other settings
Information, Total_OF_BTC, accuracy = Get_isolated_margin_account ('BTCUSDT')
If information ['TotalassetofBTC']> 20000 or (Information ['Balance'] / 10 ** 8)> 1000:
Print ("Error: Exceeding the maximum amount of loans.")
Other:
Handle your strategy
Order = ...
In this example, we first submit an API request to obtain information on the specified symbol. Then we parse the reaction data and calculate the BTC's total asset. Finally, we check that the total asset exceeds 20,000 BTC or or the balance exceeds 1000 BTC. If any condition is fulfilled, we print the error message and do not make further borrowing or trade.
When taking these actions and taking the necessary precautions, you should be able to resolve the API error and successfully manage your borrowing amount of Ethereum API.
