What is an API?
An application programming interface (API) key is a code used to identify and authenticate an application or user.
APIs communicate between two systems. In the world of cryptocurrencies, APIs enable users to access these exchanges, other businesses, and applications, such as cryptocurrency portfolio trackers, trading bots, tax software tools, and much more.
Step 1: Login to your account
Step 2: Click on your profile name
Step 3: Then click on API Keys
Step 4: Now create your new API Key
Step 5: Add your key name
Step 6: Click Create API Key
Step 7: Enter your Google Authenticator Code, Click Submit
Step 8: Your new API Key has been created
If you want to delete your API Key, just click on Delete on the right side and Delete you created API Key with ease.
NOTE: You can turn on / turn off the withdrawal option.
What does it mean?
If you want to create your own trading bot or something else that allows withdrawals using your API Key on a third-party platform, you can withdraw your money from there.
However, this could be risky if the platform you’re using is attacked, infected with a virus, or something else, so use it carefully.
To stay safe, you can disable it and manually withdraw directly from your Klever Exchange account.
NOTE: Make sure you have copied your API Key due it only shows once. Otherwise, you will need to create a new one and copy it instead of closing the window.