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How to Create Binance API for Coinsteum Crypto AI Copy Trading ?

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Step 1: Log in to Your Binance Account

  • Go to the Binance website or use the Binance app.
  • Log in to your account with your credentials.

Step 2: Access API Management

  • Once logged in, navigate to your account settings:
    • On the web: Hover over the profile icon in the top right corner and click on API Management.
    • On the app: Tap on your profile icon and search for API Management in the menu.

Step 3: Create a New API

  • In the API Management section, you will see an option to Create API.
  • You will be asked to label your API key with a name (e.g., “Coinsteum”).
  • Enter the label name and click Create API.

Step 4: Security Verification

  • Binance will prompt you to complete a security verification step:
    • Depending on your account settings, you may need to complete two-factor authentication (2FA) using Google Authenticator, SMS, or email verification.
  • Enter the required verification codes to proceed.

Step 5: API Key and Secret

  • Once verification is complete, Binance will generate your API Key and Secret Key.
  • Make sure to copy and store these keys in a secure location (e.g., password manager). The Secret Key will only be shown once, so if you lose it, you’ll need to create a new API.

Step 6: Configure API Permissions

  • You can configure the permissions for your API based on your needs:
    • Read-only: Allows access to view data.
    • Enable Spot & Margin Trading: Allows the API to perform trading operations.
    • Withdrawals: (Highly sensitive) Allows the API to withdraw funds from your account.
  • It’s recommended to only grant the necessary permissions to minimize security risks.

Step 7: IP Whitelist (Optional but Recommended)

  • To enhance security, you can restrict the API access to specific IP addresses by enabling the IP Whitelist - 82.180.147.141.
  • Only the whitelisted IPs will be able to use the API, which protects against unauthorized access.

Step 8: Save and Use the API

  • After setting permissions and configuring security settings, click Save.
  • Your API is now ready to use with third-party applications, trading bots, or for integration with your own tools.

Additional Security Measures:

  • Regularly review API activity: Always monitor your API for unusual activity.
  • Rotate API keys: If you suspect your API key has been compromised, delete the existing key and create a new one.

With your API key and secret, you can integrate Binance with other platforms or tools as needed!

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