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Creating a Poloniex API Key

This guide walks you through creating an API key on Poloniex for automated trading. Follow these steps to ensure secure and efficient bot operation on your account.

Info

IP whitelisting is a security feature that restricts API key access to a list of approved IP addresses. This significantly enhances the security of your API key.

Step-by-Step Guide​

  1. Log into Poloniex: Access your Poloniex account and verify that two-factor authentication (2FA) is properly configured.

  2. Access API Settings: Click your username (usually in the top-right corner) and select 'API Keys' from the dropdown menu. This section is where you will manage all API connections.

  3. Create New API Key: Select 'Create New API Key' (the button might be labeled 'Create API' or similar) to begin generating your bot's secure access credentials. Give your API key a descriptive label.

  4. Configure API Key Permissions: Enable essential permissions such as 'Trade' and 'View Balances'. Ensure that 'Enable Trading' is checked. For security, do not enable withdrawal permissions. Keep other permissions minimal.

  5. Secure Your API Key: Implement these security measures:

    • Enable IP whitelisting if available and add your bot's static IP address.
    • Set trading limits if the exchange offers this feature for API keys.
    • Critically, ensure withdrawal permissions are disabled. These steps help prevent unauthorized access.

  6. Finalize API Key Setup: Review all selected permissions and verify security settings. Complete any required 2FA verification to confirm key creation. Store your API Key and Secret securely in a password manager or offline. Double-check all settings before saving.

Poloniex API key creation interface with trading permissions

Access your API settings directly through Poloniex API Management.

A properly configured API key ensures reliable automated trading operations. Regularly reviewing your API settings helps maintain account security. Remember to never share your API credentials and always use secure channels when setting up your trading bot.

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