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Creating a Bitfinex API Key for Your Crypto Trading Bot

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

Step-by-Step Guide​

  1. Log into Bitfinex: Access your Bitfinex account and verify that two-factor authentication (2FA) is enabled for enhanced security.

  2. Navigate to API Section: Find the 'API' section in your account settings. This area manages all your API connections and security settings.

  3. Initiate API Key Creation: Select 'Create New Key' to begin generating your API credentials. These will serve as your bot's secure access point to your trading account.

  4. Label Your Key: Create a descriptive name for your API key that clearly indicates its purpose, such as:

    • "Spot-Trading-Bot"
    • "Automated-Trading-Key" Clear labels help track and manage multiple API keys effectively.
  5. Set API Key Permissions: Configure these essential permissions:

    • Enable 'Orders' for trading
    • Enable 'Account Info' for balance checks
    • Enable 'Funding' if needed Avoid enabling withdrawal permissions for enhanced security.
  6. Secure Your API Key: Implement these security measures:

    • Enable IP whitelisting
    • Add your bot's IP address
    • Review and set trading limits These steps create multiple layers of security for your account.
  7. Finalize Your API Key: Complete the setup process:

    • Review all permissions
    • Verify security settings
    • Complete 2FA verification if required Store your API credentials securely after creation.

Bitfinex API key creation page showing permission settings and security options

Access your API settings directly through Bitfinex API Management.

A properly configured API key ensures smooth automated trading operations. Regular security audits of your API keys help maintain account safety. Remember to never share your API credentials and always use secure channels when setting up your trading bot.

Ready to Automate Your Bitfinex Trading?​

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