What are the common reasons for receiving the error message 'incorrect API key provided' in cryptocurrency exchanges?

3 answers

• Dec 17, 2021 · 3 years ago
  One common reason for receiving the error message 'incorrect API key provided' in cryptocurrency exchanges is when the user enters an invalid or expired API key. API keys are used to authenticate and authorize access to the exchange's API, and if the key is not valid or has expired, the exchange will reject the request with this error message. To resolve this issue, users should check their API key settings and ensure that they have a valid and active key.
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• Dec 17, 2021 · 3 years ago
  Another reason for receiving this error message is when the user has not properly configured their API key permissions. Cryptocurrency exchanges often require users to specify the level of access their API key has, such as read-only or trading permissions. If the API key does not have the necessary permissions to perform the requested action, the exchange will return the 'incorrect API key provided' error. Users should review their API key settings and make sure they have granted the appropriate permissions.
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• Dec 17, 2021 · 3 years ago
  Sometimes, the error message 'incorrect API key provided' can be caused by a temporary issue on the exchange's side. This can happen if the exchange's API servers are experiencing high traffic or undergoing maintenance. In such cases, the error is not related to the user's API key, but rather a problem with the exchange's infrastructure. Users can try again later or contact the exchange's support for assistance.
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