How to create and set up Coinbase Advanced API key
In this article, we will show you how to create, configure, and connect your Coinbase Advanced Trade API key to the Bitsgap platform.
Bitsgap is a trading platform that allows you to work with numerous cryptocurrency exchanges through a unified interface with access to additional tools that are not available on the exchange.
All trading operations are created and processed using an exchange API key which is unique for each 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 Coinbase Developer Platform
Log in to your Coinbase Advanced Trade account or create a new one.
Note
You may read more about Coinbase Pro migration to Advanced Trade - Migrating from Pro.
2. Go to the Access page
From the menu on the left-hand side, navigate to the Access tab.
3. Create a new API key
To create a new API key, click the [Create API Key] button in the API keys tab.
4. Match API key permissions
Give your API key any name, so you can easily understand that this key is connected to your Bitsgap account.
Edit your permissions as in the example below. These permissions will allow Bitsgap to read your history, current balance and execute trades on your exchange account.
Here is the list of required permissions:
- IP whitelist - empty (by default),
- Portfolio - default;
- View - on;
- Trade -on;
- Transfer - off.
To complete the process, click the [Create & Download] button.
5. Pass the verification
To pass the 2FA, click the [Complete 2-factor authentication] button.
Enter your SMS verification code.
6. Copy your API Key and Secret key
Once you have created your new Coinbase Trading API key, a window will appear with API and Secret keys. Please copy and save them in a secure location (for instance, password manager).
7. Go to Bitsgap > My Exchanges
Log in to your Bitsgap account and go to the My Exchanges page, where you can find an option to connect your Coinbase Advanced Trade account. Click [Add new exchange].
8. Select Coinbase exchange from the list
To add your API keys for Coinbase Advanced Trade, search for the exchange in the pop-up window. This will take you to the window where you can add your keys.
9. Enter your API key and Secret key
Paste your API key and Secret key and click [Connect]. Now, your Coinbase Advanced Trade account has been successfully connected!
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