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How to create and set up Poloniex API key

In this article, we will show you how to create, configure, and connect your Poloniex API key to the Bitsgap platform.

Bitsgap is a trading platform that allows you to work with numerous cryptocurrency exchanges from a unified interface with access to additional tools that are not available on the exchange.

All trading operations are created and processed by using an exchange API key which is unique for every user. An API key is a safe and reliable way to use a platform because it does not give access to your personal data and prevents any funds management (withdrawals & deposits).


1. Log in to Poloniex

Log in to your Poloniex account or create a new one.

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2. Go to the API management page

From the top bar, navigate to your profile icon and proceed to the API keys page.

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3. Go to Bitsgap > My Exchanges page

Log in to your Bitsgap account, go to the My Exchanges page, and click the [Add new exchange] button to continue.

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4. Select Poloniex from the list and copy Bitsgap IP addresses

To get the list of trusted IPs, click on the "Copy" icon and save the addresses somewhere safe (in a notepad, for example). We will need these IPs later when setting up your API permissions.

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5. Create an API key

Go back to Poloniex and click the [Create API] button to set up a new API key.

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6. Label your API key and match API key permissions

Give your API key any name (it is your personal choice), so you can easily understand that this key is connected to your Bitsgap account.

Then, edit your permissions as in the example below. These permissions will allow us to read your history, current balance and process trades on your exchange account.

Here is the list of required permissions:

  1. Spot and margin trading - on.
  2. Spot and Margin Trading Pair Whitelist - No restrictions.
  3. IP Access Restrictions - Restrict access to trusted IPs only (insert the IPs copied from the My Exchanges tab).
  4. Click [Confirm] to save the pasted IP addresses;
  5. When ready, hit [Save].

Note
All other permissions should be disabled.

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7. Pass the security verification

You will receive an email from Poloniex with a code. Paste it in the security verification window and click [Submit].

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8. Copy your API key and Secret key

Your Poloniex trading key is successfully created and ready to be connected to our platform! Please, copy your API key and Secret key somewhere safe before you add it to Bitsgap.

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9. Go back to Bitsgap > My Exchanges

In the pop-up window, do the following:

  1. Select the Poloniex exchange.
  2. Paste your API key.
  3. Paste your Secret key.
  4. Click [Connect].

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10. Connection check

If everything is done correctly, you will see Poloniex added to the list of your connected exchanges with the Connected status and the trading balance available on your account.

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Get stuck? Ask your question to our community on Telegram!