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Updates to API Key Permission Rules (2021-07-08)

2021-07-08 09:15
Fellow Binancians,
To improve the security of user accounts, Binance will adjust the "Enable Spot & Margin Trading" permission rules of the API Key on 2021-07-09 (UTC), with details as follows:
  • If your API Key does not have whitelisted IP address(es), i.e. this API Key allows access to any IP address, your selected "Enable Spot & Margin Trading" permission will be valid for 30 days from the activation time. The system will automatically uncheck the permission after the expiration date. At that time, you are able to manually enable "Spot & Margin Trading" permission again, then you can view the corresponding expiration time prompt on the "Enable Spot & Margin Trading" permission.
  • If your API Key has whitelisted IP address(es), the "Enable Spot & Margin Trading" permission will not expire.
  • The new rules are valid for all accounts, including normal accounts, master accounts and sub-accounts.
  • The API Key created before the adjustment time will not trigger the new rules automatically. However, when you edit the permissions, there will be a pop-up window if the above rules are met. After your confirmation, "Enable Spot & Margin Trading" will be enabled and will be valid for 30 days.
  • Binance recommends that you whitelist trusted IP address(es) for the API Key to improve your account security. Please do not disclose your API Key to anyone to avoid asset losses. Be aware that your API Key may be disclosed by authorizing it to a third-party platform.
Risk Warning: Margin trading carries a substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movement. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Margin.

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Binance Team
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
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