Creating an API (Application Programming Interface) for AscendEX might seem like a complex task, but don’t worry—we’re here to help. In this blog post, we will walk you through the step-by-step process of creating an AscendEX API. Whether you’re a trader looking to automate your trading or an investor aiming to streamline operations, this guide will help you get started with ease.
What is an API Key?
An API key is a unique identifier used to authenticate requests associated with your account on a crypto exchange or service. It acts as a secure way to allow external applications to interact with your account without exposing your login credentials. By using an API key, you can automate trading, access real-time market data, manage your account, and perform various other tasks programmatically.
Ensuring Data Security with AscendEX API:
Safeguarding your information is crucial, and the AscendEX API helps with this. It limits what connected applications can do, acting like a gatekeeper that allows only specific tasks. This controlled access ensures secure interactions with software, setting clear boundaries to protect your data better.
- Log in to your AscendEX account on your computer and go to the profile icon. Select [API Setting].
- Click [New API Key] at the top right of the page.
- Name your new API key, set the permissions, and specify IP address restrictions. Complete the three-step verification by entering your phone, email, and Google authenticator codes. Click [Generate API Key].
- A pop-up will show your public and private API keys. Save both keys now because you won’t be able to see them again. For security, do not share your API keys. If you lose or forget them, delete the old key and create a new one.
- You can edit or delete your API keys later under the Action tab.
On Catax:
- On Catax:
- First, log in to your Catax account.
- Go to the wallets section and upload your AscendEX wallet.
- Enable auto-sync, then enter your API key and secret to import your data.
FAQs (Frequently Asked Questions)
An API key is a unique identifier used to authenticate requests associated with your account on a crypto exchange or service. It also allows external applications to interact with your account securely, enabling automated trading, access to real-time market data, account management, and other tasks.
The AscendEX API limits the capabilities of connected applications, acting as a gatekeeper that permits only specific tasks. Hence, this controlled access ensures secure interactions with software and sets clear boundaries to protect your data.
Creating an API for Bitfinex involves steps similar to those for AscendEX. Log in to your Bitfinex account, navigate to the API management section, create a new API key, set permissions, and follow the verification steps provided by Bitfinex. Save the generated API key and secret for secure integration with external applications.
The AscendEX API limits the capabilities of connected applications, acting as a gatekeeper that permits only specific tasks. This controlled access ensures secure interactions with software and sets clear boundaries to protect your data.