BinanceConvertPlaceLimitOrder

Places a limit order to convert between two tokens at a specified price, using either base or quote amount, with options for wallet type and order expiry.

SERVERBinance MCP Server SOURCEnirholas/binance-mcp

Critical RISK CLASS

Category Financial

Parameters 00 required

Recommended Approval-gatedsee the rule below

Registry record Grade F, identity unverified Pull the record →

This record as markdown: /tools/nirholas-binance-mcp/binanceconvertplacelimitorder.md

WHAT IT DOES

What BinanceConvertPlaceLimitOrder does on Binance MCP Server

AI agents use BinanceConvertPlaceLimitOrder to commit financial operations through Binance MCP Server, usually the final step of a payment, billing, or trading workflow. A call moves real money.

RISK

Why BinanceConvertPlaceLimitOrder is rated Critical

This tool directly executes a financial transaction on the Binance exchange, committing to a crypto-to-crypto conversion at a specified price. Misuse could result in unintended trades, financial losses, or unauthorized asset conversions. As it moves/converts crypto assets, it falls squarely in the Financial category with critical severity due to potential for irreversible monetary impact.

From the tool's definition Places a limit order to convert between two tokens at a specified price

Attacks that exploit this kind of access

RECOMMENDED RULE

The rule that runs BinanceConvertPlaceLimitOrder safely

PolicyLayer is an MCP gateway: it sits between your AI agents and Binance MCP Server, and checks every tool call against a rule you set before the call runs. Nothing changes on the server itself. For BinanceConvertPlaceLimitOrder, this is the rule to start with:

BinanceConvertPlaceLimitOrder Approval-gated

Any call to BinanceConvertPlaceLimitOrder is blocked until a human approves it. The rest of the server keeps working.

View as policy code

policy.json

{
  "version": "1",
  "default": "deny",
  "tools": {
    "BinanceConvertPlaceLimitOrder": {
      "deny_if": [
        {
          "conditions": [],
          "on_deny": "Requires human approval."
        }
      ]
    }
  }
}

GATE THIS TOOL → Instant setup, no code required.

The button opens the PolicyLayer dashboard: create your workspace, connect Binance MCP Server, apply this rule, and every BinanceConvertPlaceLimitOrder call is checked against it from then on.

FAQ

Questions about BinanceConvertPlaceLimitOrder

What does the BinanceConvertPlaceLimitOrder tool do? +

Places a limit order to convert between two tokens at a specified price, using either base or quote amount, with options for wallet type and order expiry. It is categorised as a Financial tool in the Binance MCP Server MCP Server, which means it involves financial transactions. Block by default and require explicit approval.

How do I enforce a policy on BinanceConvertPlaceLimitOrder? +

Register the Binance MCP Server MCP server in PolicyLayer and add a rule for BinanceConvertPlaceLimitOrder: allow, deny, rate-limit, or require approval. Point your MCP client at the PolicyLayer proxy URL and the rule is enforced on every call, before it reaches Binance MCP Server. Nothing to install.

What risk level is BinanceConvertPlaceLimitOrder? +

BinanceConvertPlaceLimitOrder is a Financial tool with critical risk. Critical-risk tools should be blocked by default and only enabled with explicit human approval.

Can I rate-limit BinanceConvertPlaceLimitOrder? +

Yes. Add a rate_limit block to the BinanceConvertPlaceLimitOrder rule in your PolicyLayer policy. For example, setting max: 10 and window: 60 limits the tool to 10 calls per minute. Rate limits are tracked per agent session and reset automatically.

How do I block BinanceConvertPlaceLimitOrder completely? +

Set action: deny in the PolicyLayer policy for BinanceConvertPlaceLimitOrder. The AI agent will receive a policy violation error and cannot call the tool. You can also include a reason field to explain why the tool is blocked.

What MCP server provides BinanceConvertPlaceLimitOrder? +

BinanceConvertPlaceLimitOrder is provided by the Binance MCP Server MCP server (nirholas/binance-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

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