Key Steps to Becoming Active Again
In this article, we will testify you how to create, configure, and connect your Binance Futures API key to the Bitsgap platform, both for Spot and Futures trading.
Bitsgap is a trading platform that allows you to work with numerous cryptocurrency exchanges from a unified interface with access to boosted tools that are non available on the substitution.
All trading operations are created and processed past using an exchange API cardinal which is unique for every user. An API key is a safe and reliable mode to utilize a platform considering information technology does non give access to your personal data and prevents whatsoever funds management (withdrawals & deposits).
1. Log in to Binance
Log in to your Binance account or create a new one.
2. Open up Futures Business relationship
❗Note: This is required if you want to connect your Binance Futures business relationship. You tin skip this step if you trade on the Spot market but.
To connect your Binance Futures Account, the first footstep is to create 1. Please, go to your Wallet > Futures to open a new Binance Futures Account. If you lot already have Binance Futures Account, you can skip this footstep.
3. Go to the API Management page
From your account settings (summit-correct corner) navigate to the API Direction folio.
4. Characterization your API central
Give your API primal whatsoever name (information technology is your personal pick) and so you lot tin can easily understand that this key is connected to your Bitsgap account. When set, click [Create].
5. Copy your API cardinal and Secret key
Earlier we edit the permissions of your API key, make sure to copy your API key and Underground Key somewhere safe. Otherwise, later editing API key permission the Secret fundamental becomes hidden and you would need to showtime over again.
vi. Friction match API key restrictions
Now you need to Edit restrictions on your API key so our platform receives access to process your trading activeness on your Binance account. Please, click [Edit restrictions] as shown below and follow the instructions below.
Here is the listing of required permissions:
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Enable Reading on (agile past default)
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Enable Spot & Margin Trading on
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Enable Futures on (if needed)
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Unrestricted IP admission on
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When ready, click [Save]
vii. Go to Bitsgap > My Exchanges
Log in to your Bitsgap business relationship and get to the My Exchanges folio where you can detect an option to connect your Binance account. Click [Add new exchange]
8. Select Binance exchange from the listing and enter your API and Undercover keys
On the pop-up window please do the following:
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Select Binance commutation
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Paste your API key
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Paste your Secret key
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Click [Connect]
9. Connection check
If everything was done correctly, you volition come across it added in the list of your connected exchanges with Connected status, and the trading remainder available on your account.
❗ Binance has updated its API services. Effective from August 9, 2021, but users who have completed intermediate verification can create new API keys. For more information, please refer to the announcement
Your Binance Futures & Spot account is now connected to the Bitsgap platform and you tin can go started! Want to know more than almost what you tin practice on Bitsgap? Cheque our other article - What is Bitsgap?
Source: https://helpdesk.bitsgap.com/en/articles/4570169-how-to-create-and-set-up-binance-api-key
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