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Can cryptobots.io withdraw funds from my exchange with the API keys ?

Can cryptobots.io withdraw funds from my exchange with the API keys ?

Updated over a week ago

API Keys

API keys are an essential part of using cryptobots.io. They allow you to connect your exchange account to our platform and automate your trading strategies. However, it's important to understand the limitations and permissions associated with API keys.

Permissions and Limitations

It's important to note that API keys only have permission to open and cancel orders. They do not have the ability to withdraw funds from your account. This is a security measure put in place by exchanges to protect your funds.

Verifying Permissions

If you have any concerns about the permissions associated with your API keys, we encourage you to verify this with your exchange. Each exchange has its own set of rules and regulations, so it's always best to double-check.

Your security and peace of mind are our top priorities. If verifying your API key permissions brings you more peace, we fully support it.

Learn More

If you want to dive deeper into the world of API keys and how cryptobots.io uses them, check out our API keys article. It covers everything you need to know about API keys and how to use them safely and effectively on our platform.

We hope this article has helped you understand the importance of API keys and their permissions. If you have any further questions or concerns, please don't hesitate to reach out to our support team. We're always here to help.
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