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How to connect to Binance

* This part of the documentation is an extension of the “How to add a new exchange?” documentation.

To generate the desired API keys, please follow these steps:

  • Click on the  icon in the top right corner after logging in to your Binance account.
  • Click on API Management.
  • Create new API keys by following the instructions.
  • Make sure to copy the same permissions as the screenshot below.
    * Make sure to NOT enable Enable Withdrawals.
Connect Binance API

Use the API key and API secret while adding the exchange through Hyndor.

Make sure you are Using BNB for fees

Bots can only work if you use BNB to pay for fees, this is due to Binance otherwise deducting fees from the purchased coins and keep you left over with dust.

To maintain control on this, we build a check that confirms your BNB balance is at least 0.1 upon entering a trade. If your BNB balance is not at least 0.1, your bot will give the following error and pause its new order operations:

Binance BNB warning
Updated on October 11, 2021

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