What permissions can I grant with an API key in Coinbase?
MUSIBAU SHOGEKENov 26, 2021 · 3 years ago3 answers
Can you explain the different permissions that can be granted with an API key in Coinbase? I'm interested in understanding what actions can be performed using an API key and how it can be used to interact with Coinbase's platform.
3 answers
- Nov 26, 2021 · 3 years agoWith an API key in Coinbase, you can grant various permissions to allow different actions on the platform. These permissions include the ability to view account information, make trades, access transaction history, and manage wallets. The API key can be used to automate trading strategies, build custom applications, and integrate with third-party services. It provides a secure and convenient way to interact with Coinbase's platform programmatically.
- Nov 26, 2021 · 3 years agoWhen you generate an API key in Coinbase, you have the flexibility to choose the permissions you want to grant. This allows you to control the level of access and functionality that the key has. Some common permissions include read-only access, which allows you to view account information and transaction history, and trade access, which enables you to place orders and execute trades. It's important to carefully manage and secure your API key to prevent unauthorized access and protect your funds.
- Nov 26, 2021 · 3 years agoAt BYDFi, we understand the importance of API keys in the digital currency space. With a Coinbase API key, you can grant permissions to perform a wide range of actions. These include viewing account balances, creating and managing wallets, placing buy and sell orders, and accessing transaction history. The API key provides a seamless way to interact with Coinbase's platform and can be a valuable tool for traders and developers alike.
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