What Are Binance API Keys?
Binance API keys are a pair of credentials (an API Key and a Secret Key) that allow third-party applications to interact with your Binance account programmatically. API keys can be configured with specific permissions: reading account data, placing trades, or managing withdrawals. For trading bots, you only need trade permissions — never enable withdrawal access when connecting to any third-party service.
Step 1: Create API Keys on Binance
Log in to your Binance account. Navigate to Profile → API Management. Click "Create API" and choose "System generated." Enter a label (e.g., "Cripton AI Bot"). Complete 2FA verification. Important: After creation, copy both the API Key and Secret Key immediately — the Secret Key is only shown once. Store them in a secure location.
Step 2: Configure API Permissions
After creating your API keys, configure permissions carefully: Enable "Enable Spot & Margin Trading" and "Enable Futures" for bot trading. NEVER enable "Enable Withdrawals" — no legitimate trading bot requires withdrawal access. Optionally, restrict access to specific IP addresses for additional security.
If your bot provider requests withdrawal permissions, do not proceed — this is a red flag.
Step 3: Connect to Cripton AI
In your Cripton AI dashboard, navigate to Settings → Exchange Connection. Paste your API Key and Secret Key. Cripton AI encrypts both keys with AES-256 (Fernet) before storing them. Keys are only decrypted in ephemeral memory during trade execution and are never logged or transmitted in plain text. The connection is verified automatically by reading your account balance.
Security Best Practices
Follow these security practices when using API keys: 1) Never share your Secret Key with anyone.
2) Only enable trade permissions — never withdrawals.
3) Use IP restriction if your bot provider has a static IP.
4) Regularly rotate API keys (delete old ones, create new).
5) Monitor your Binance account for unauthorized trades.
6) Revoke API access immediately if you suspect compromise. You can delete API keys at any time from your Binance dashboard.
Troubleshooting Common Issues
Common API connection issues include: "Invalid API Key" — ensure you copied the key correctly without extra spaces. "Timestamp" errors — your system clock may be out of sync. "Insufficient permissions" — verify Futures trading is enabled in API settings. "IP restriction" — add your current IP to the whitelist.
If issues persist, create a new API key pair and try again.
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Sources & references
Cripton AI is not affiliated with these platforms and does not endorse them. Verify each platform’s licensing in your country before using it.
Risk Disclaimer
This guide is for educational purposes only. Cripton AI connects to your exchange via API with Read and Trade permissions only — withdrawal permissions are always disabled. Your funds never leave your exchange account. Algorithmic trading involves substantial risk of loss.
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