Even beginners can master it, using APIs to increase earnings and trading efficiency.

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1 year ago

Download the AICoin PC client, and you can connect your exchange account through an API key to place orders directly on AICoin: https://a1coin.info/zh-CN/downloa

What is an API Key?

The "API key" is a unique set of codes used to verify and authorize the calling user or application. It can specify the API services allowed to be accessed. The role of the API key is similar to the account owner's identity, with most viewing, ordering, transferring, and other functions, and can be connected to other security features to improve overall security. After being authorized by a third-party application (such as AICoin), you can view assets, positions, place orders, view pending orders, etc., without having to log in to the exchange every time, making it very convenient and efficient to operate. Most exchanges support creating API keys. Below is the entrance for creating an API key on Binance.

Using API to Improve Returns and Trading Efficiency_aicoin_Figure 1


Is the API Key Secure?


The API key is similar to a password and should be handled with caution. Never share the API key with others or expose it during transmission over the network, as doing so will put the user's account at risk. If there are any abnormal orders in the account, immediately go to the exchange to delete the API. Therefore, the safekeeping of the API is particularly important. AICoin is the first to encrypt the authorized API key multiple times and only store it on the local computer without any network transmission, ensuring security. At the same time, it is also important to pay attention to the security environment of the computer and regularly check for viruses.


Security Measures for API Keys


1) Change the API key as frequently as possible. This means deleting the current API key and creating a new one. Generating and deleting API keys for multiple systems is easy. Generally, exchanges require users to change passwords every 30 to 90 days. Similarly, it is advisable to change API keys at this frequency.
2) Use IP whitelisting: When creating an API key, select an IP whitelist or a third-party application that the exchange cooperates with. This way, even if the API key is stolen, unidentified IPs will not be able to access it.
3) Ensure the security of the computer and mobile phone. Use a secure and reliable network, do not use public WiFi and public VPN, only visit and install trusted websites and software, download genuine applications from the official website, and regularly scan the computer for viruses. AICoin supports Google's two-factor authentication, which enhances the security of using AICoin software.
4) Securely store the API key: Do not store the key in public places or on public computers; do not store it in plain text format, and do not inadvertently expose it.
5) Do not disclose personal API keys. Sharing API keys is similar to sharing passwords. Sharing implies granting verification and authorization permissions to another party. After the API key is leaked, it will be stolen and used to invade personal accounts. API keys are only for personal use and the system that generated the key.
6) Use FastAPI for quick authorization: This authorization method can effectively reduce the risk of API exposure, and the authorization process is simpler, allowing you to manage and delete APIs at any time, providing greater security.

Using API to Improve Returns and Trading Efficiency_aicoin_Figure 2


How Does API Improve Trading Efficiency and Profitability


The AICoin client supports various professional order placement tools: three-click ordering, K-line ordering experience (drawing line orders, lightning orders, right-click orders, drag to set stop-loss and take-profit), automated strategy tools (smart splitting, AI grid tools, new stock opening, automatic arbitrage, custom indicator automatic ordering). All support placing orders through API authorization, assisting you in freeing up your hands to improve efficiency and gain profits. To do a good job, one must first sharpen one's tools, and each tool has detailed usage instructions.

Using API to Improve Returns and Trading Efficiency_aicoin_Figure 3

 

Download the AICoin PC client now: https://a1coin.info/zh-CN/downloa

If you have any questions, please contact customer service in the AICoin PC or APP - group chat - contact customer service.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

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