apikeysecurity

Protecting your API keys is non-negotiable when using any automated trading tool like WolfBot. 🛡️

Securing your connection requires disciplined attention to key permissions and management steps. Here is what you must follow:

1. Permissions Check: Always ensure your API keys are strictly 'Trade-Only.' Never enable Withdrawal or Transfer permissions. ⚠️
2. Scope Limitation: Manually verify that granted permissions only include 'Trade' (for orders) and 'Read' (for balances/history). Disable everything else.
3. IP Binding: For maximum security, proactively bind your API keys to your specific IP address on the exchange. Update this if your IP changes! 📍
4. Compromise Protocol: If you suspect a key is compromised, immediately:
• Delete the key on the exchange.
• Check your account for unusual activity.
• Generate and implement a brand new, restricted key. 🚨
5. Your Responsibility: Remember, while WolfBot manages credentials securely internally, you own the external steps: creating the key, disabling sensitive permissions, and storing the material privately.

For a detailed walkthrough on these setup procedures, review this guide: https://community.wolfbot.io/brokers/api-key-guide ⚙️

#APIKeySecurity #CryptoAutomation #TradingSecurity #WolfBot #Crypto