This article covers how to create an API key on Binance exchange.
Please note that in order to create an API key, Binance requires enabling two-factor authentication and completing the intermediate and advanced KYC procedure. Make sure you've done this before following this guide.
Step-by-step guide
- Log in to your Binance account.
- Go to your profile -> API Management page. Enter your new API key name and click "Create".
- Binance will ask for a code from your email and a code from your authentication app. Enter the codes and click "Submit".
- The new API key is now created. NB: you'll see the secret key only at this step, it will be hidden afterwards. Securely save it at this step as you'll need it later.
- Edit API key permissions:
For copy trading on Coinmatics, set the following permissions:
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- for copying Spot strategies, select "Enable Reading" and "Enable Spot & Margin Trading" options
- for copying Futures strategies, select "Enable Reading", "Enable Spot & Margin Trading" and "Enable Futures" options
For sharing your strategy as a trader on Coinmatics , set the following permissions:
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- As a Spot / Margin trader, select "Enable Reading", "Enable Spot & Margin Trading".
- As a Futures trader, select "Enable Reading", "Enable Spot & Margin Trading" and "Enable Futures" permissions.
Learn more details about the Binance permissions from this article.
6. Save the changes by entering a code from your authentication app.
Done! You've successfully created an API key on Binance.
Video guide
See a video instruction on how to create an API key on Binance:
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