Connecting Tradedash to Binance may seem a little complicated at first, but it’s actually a really easy one time thing and we’ll walk you through it right here.
What we will cover in this tutorial:
- How to generate the information we need from Binance (API key and secret)
- How to add that information into Tradedash
Already know how to get a Binance API key and secret? That’s all you need, when you sign up or log in to Tradedash for the first time, we will prompt you to add that information. You can also add it under settings if you already closed the initial prompt.
Here’s a list of the things that you’ll need:
Before Starting make sure you know how to connect to an exchange.
Once in Tradedash navigate to “connect exchanges”. It will then ask whether you want to connect to Bittrex or Binance. Select “Binance”.
If you want to connect to Bittrex exchange please follow that tutorial by clicking here.
Getting the information needed from Binance
A. What is an API key and secret?
An API key is a piece of cryptographic information that will enable Tradedash to do things in Binance on your behalf (ex. getting your account balance or placing orders). Once you’ve entered this information, you won’t even need to sign in to Binance anymore unless you want to.
B. How do we protect your Binance information?
We use standardized AES encryption to store your API keys safely on your own local machine. The only way to get to it is with your password. This means that we cannot access it without your permission.
1. Let’s get started – Sign in to Binance
2. Open Settings
Open the Account page from the upper right corner.
3. Setup 2FA
(If you already have 2FA set up, skip to step 4)
Binance requires you to have 2 factor authentication enabled in order to generate API key’s. This enhances the security of your account. Here is Binance’s own guide on how to enable this, both on web and mobile.
Once in your account then click on “Enable” for either SMS Authentication or Google authentication.
4. Add a new API key
Click “ENABLE” under the API section
5. Label the API “Tradedash”
It will prompt you to enter 2FA. After, Binance will send you a confirmation email.
6. Create your new key
Click on Confirm Create in your Email to create your new key
Your API Key will then be created
7. Adding API Key and Secret to TradeDash
Copy the API Key and your Secret Key and enter them into Tradedash. Keep all permission the same. Enabling “Read info” and “Enable Trading.” Don’t select “Enable Withdrawals” as the platform currently does not support withdrawals.