Have an account on Bitsgap, but don't know how to connect your Bitstamp exchange?
No worries, in this article we will show you how to create and configure your Bitstamp API key so you can connect your exchange account to Bitsgap!
What do you get by connecting your exchange account to Bitsgap
With Bitsgap you will have access to the all-in-one trading platform where you can connect all your cryptocurrency exchange accounts under one unified interface. You will be able to do exactly what you would do on your regular exchange account but with some really cool trading tools!
How do you connect your exchange account and what is API key?
Every exchange has an option to create a unique API key for an account. This API key will allow us to communicate with your exchange account and process your trading from the Bitsgap interface.
Consider it as your username and password but limited to check your balance and execute your trading decisions. By using the API key you will not give any information about yourself nor any access to change your account settings or perform withdrawals. Everything will be limited based on your API settings.
1. Log in to Bitstamp
Log in to your Bitstamp account or create a new one.
2. Go to API Access page
From your Account navigate to Security, and then to API Access page.
3. Match API key permissions and Submit your key
Edit your permissions as in the example below. These permissions will allow us to read your history, current balance and process execute trades on your exchange account.
Here is the list of required permissions:
- Leave IP Address Filter blank
- Associate API key with your Main Account
- Account Balance on
- User transactions on
- Open orders on
- Cancel order on
- Buy limit/market orders on
- Sell limit/market orders on
- Liquidation address off
- Withdrawal requests off
5. Copy your API key and Secret key
Now your Bitstamp trading key is successfully created and ready to be connected to our platform! Please copy your API key and Secret key somewhere safe before you add it to Bitsgap.
6. Activate your API key
Don't forget to click [Activate] to enable your API key, otherwise it will not work.
6. Go to Bitsgap > My Exchanges
Log in to your Bitsgap account and go to My Exchanges page where you can find an option to connect your Bitstamp account. Click [Add Exchange].
7. Select bitstamp exchange from the list
From the pop-up window you need to select bitstamp. This will open you a window where you can add your API keys for Bitstamp exchange.
8. Enter your API key, Secret key and User ID
Paste your Bitstamp API key, Secret key and your User ID (Bitstamp's login). When ready, click [Connect]. Now your Bitstamp account has been successfully connected and you are all set!
Want to know more about what you can do on Bitsgap? Check our other article - What is Bitsgap?