API Keys

What are API Keys? 

API keys are unique identifiers used to authenticate requests made to an Application Programming Interface (API). API keys enable developers to access various services, such as market data or trading functionalities, provided by exchanges or blockchain networks. They serve as a gatekeeper, controlling who can interact with the API and what actions they can perform.

Users should understand that API keys must be kept secure and confidential. Exposing an API key can lead to unauthorized access and potential loss of funds. Additionally, many platforms allow users to set restrictions on their API keys, limiting access based on IP addresses or specific functionalities.

How to use the term?

You could say: "To access trading features on the exchange, you need to generate an API key from your account settings."

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