Managing Binance API Key Expiry on TradersPost
Binance API keys expire every 90 days unless IP whitelisting is enabled. This guide explains how TradersPost users can prevent API key expiration to ensure uninterrupted trading.
Binance users on TradersPost may encounter issues with API key expiration, which can interrupt automated trading. This guide explains the key expiration policy on Binance, provides tips for managing API keys, and offers solutions to keep trading seamless.
Why Binance API Keys Expire
In recent updates, Binance API keys expire every 90 days unless they are configured with a specific security setting. This policy applies to keys created without whitelisting IP addresses. If API keys are not renewed, TradersPost users may find their automated trades failing due to expired keys.
How to Prevent API Key Expiration
To avoid API key expiry, consider these steps:
1. Whitelist IP Addresses: Binance allows users to bypass the 90-day expiration by whitelisting a set of IP addresses. This means if you set up the API key with specific IPs that are authorized, the key will remain active indefinitely.
2. TradersPost IP Addresses for Whitelisting: TradersPost is working on a solution to provide users with the necessary IP addresses to whitelist. Once available, users can whitelist these IPs in their Binance account to ensure continued access without the need to renew every 90 days.
3. Regular Key Management: For users who prefer not to whitelist IPs, setting a reminder to renew API keys every 90 days is essential to prevent disruptions in trading.
Tips for API Key Management on Binance
• Avoid Testing with Active API Keys: When testing or configuring automated trades, use dedicated API keys rather than active ones to reduce the chance of triggering issues.
• Verify Sub-Account Permissions: If using Binance sub-accounts, ensure API permissions are correctly set, as sub-account configurations may impact API functionality.
Conclusion
Binance’s 90-day API key expiration policy requires TradersPost users to either whitelist IP addresses or refresh their keys regularly. By implementing these precautions, users can prevent interruptions and maintain consistent trading access on the platform.
DISCLAIMER:
Trading in the financial markets involves a significant risk of loss. The content and strategies shared by TradersPost are provided for informational or educational purposes only and do not constitute trading or investment recommendations or advice. The views and opinions expressed in the materials are those of the authors and do not necessarily reflect the official policy or position of TradersPost.
Please be aware that the authors and contributors associated with our content may hold positions or trade in the financial assets, securities, or instruments mentioned herein. Such holdings could present a conflict of interest or influence the perspective provided in the content. Readers should consider their financial situation, objectives, and risk tolerance before making any trading or investment decisions based on the information shared. It is recommended to seek advice from a qualified financial advisor if unsure about any investments or trading strategies.
Remember, past performance is not indicative of future results. All trading and investment activities involve high risks and can result in the loss of your entire capital. TradersPost is not liable for any losses or damages arising from the use of this information. All users should conduct their own research and due diligence before making financial decisions.
