On the 26th of July 2021, Binance announced changes related to how they handle automated trading through API connection. After the announcement, all newly created API keys have their "Spot & Margin Trading" option automatically disabled after 90 days of usage.
Whenever the "Spot & Margin Trading" option on your API key is disabled, your One Button Capital bots will stop trading properly and won't be able to place and cancel orders on the exchange.
To prevent that from happening follow the next few steps:
1. Go to Binance's API management page
2. Click the 'Create API' button on the API management page
3. Set an 'API label' such as 'One Button Capital'
4. Complete the needed two-factor authentication (2FA)
5. Click the 'Submit' button
6. Make sure the "Enable Reading" and "Enable Spot & Margin Trading" API permissions are ticked off
7. Go to One Button Capital ➡ "Settings" ➡ "Connected Exchanges"
8. Click on the pencil button (Edit)
9. Copy-paste your newly created API key and secret into the form
10. Click the "Confirm" button
11. Go back to Binance and delete your old API (If you are not using them elsewhere)
12. You are done! Your One Button Capital bots will continue to work as intended.
We regularly prepare insightful reports and case studies about crypto trading and the blockchain industry.
We sent you a link to complete your sign-up.
Check your inbox, verify your email, and unlock all functionalities of your OB Trader account.
.png){kind=logo}
You were added to our waitlist. You will get an email within 3-5 days If you are shortlisted.
.svg)
%201.svg)
