API & Exchange Guide

Q: What are the prerequisites before binding an API key?

A: Ensure you have an account on your preferred exchange and have completed KYC verification for security purposes.

Q: How can I create a new API key on my exchange platform?

A: Access the API settings within your exchange account, create a new API key with necessary permissions, and disable withdrawal permissions to prevent unauthorized access.

Q: What steps should I follow on the Mexsens app after generating the API key on my exchange?

A: Navigate to the "API" section, paste the API key and secret into the provided fields, and save the API settings to complete the integration process.

Q: What benefits does API integration offer?

A: API integration provides centralized fund management, enhanced security, access to advanced features, and permission control for trading activities.

Q: What should I do before initiating the spot robot on Mexsens?

A: Ensure you have sufficient funds deposited in your exchange's spot wallet, meeting the minimum requirements outlined above, to start the robot successfully.

Q: What are the minimum deposit requirements for each exchange?

A: The minimum deposit requirements vary by exchange, check here.

Q: Why is it important to disable certain features like Binance Simple Earn during API integration?

A: Disabling such features prevents conflicts with automated trading strategies, ensuring smooth operation.

Q: What is the role of API keys in trading?

A: API keys facilitate secure communication between Mexsens and your exchange, enabling access to trading data and execution of transactions.

Q: How can I manage API keys securely?

A: Always back up critical data, review and manage API keys periodically, authenticate users securely, and avoid exposing keys in untrusted environments.

Q: Can I bind multiple exchange accounts to Mexsens?

A: Yes, you can connect multiple exchange accounts to Mexsens using their respective API keys, allowing for diversified trading strategies.

Q: Can I revoke or delete API keys from Mexsens?

A: Yes, you can revoke or delete API keys from Mexsens at any time by navigating to the API settings.