How To Utilize The API Key Crypto.com: A Guide For Developers
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Hello to everyone reading this! In this article, we will provide complete information regarding Crypto.com’s API Keys, which are pivotal for any developer who uses the platform. If you’re developing trading bots, data analytical tools or other applications, knowing about API keys is a must for a successful integration. In this article, we will focus on the different types of API Keys, how to make use of them, and the security aspects around them.
In Crypto.com there are 2 distinct types of API Keys:
1. API Keys: Used for other versions of Crypto.com’s API, these keys also serve as the gateways to other ways one can integrate with the software. They are mainly meant for developers who want to build custom applications.
2. App-Only API Keys: For third-party applications, these types of keys work on low permissions and are limited to a few operations. These users will not be able to make changes to critical parts of the system or software itself. They are best provided to light weight applications that need to access selected APIs endpoints.
Managing And Creating API Keys
Creating API Keys:
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- Sign into your account on your Crypto.com and go to API keys.
- Click on “Create API Key” and state what you require the API Key for.
- Select the appropriate key type (App Only API Key).
- Keep the API Key and Secret somewhere safe because they are not retrievable.
Before key assignment:
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- To view and manipulate existing keys, go to the API Keys section.
- A key can be revoked by clicking ‘Revoke,’ or a new key assigned by clicking ‘Regenerate’.
- It is good practice to have a periodic audit and maintenance of the API keys.
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Some points while using API Keys
KeyMaintenance:
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- Like a password, API keys must be kept secret.
- Encrypt all keys or save them in a trustworthy password vault.
- API keys must never be used in public repositories or given to people that you cannot trust.
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Keycycle:
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- To reduce the chances of a breach, it is best to cycle API keys regularly.
- At Crypto.com, we recommend key cycling every 3-6 months and more frequently if any sign of a data breach is found.
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Rate Restriction:
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- To protect the platform’s integrity, Crypto.com enforces limits on the number of calls that can be made to the API.
- Always keep track of usage of the API and do not exceed the quota set, lest you run the risk of your account being suspended.
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Key assignment
API keys are required to authenticate that the computer requesting access to the Crypto.com API endpoints has the proper rights. For you to utilize the API key, you must pass it as a header in your request.
Authorization: Bearer Let us say we want to use Python’s requests library
import requests
api_key = "YOUR API KEY"
url = api_url = "https://api.crypto.com/v2/public/get-markets"
headers = { "Authorization": f"Bearer {api_key}" }
response = requests.get(url, headers=headers)
Table Explanation: API Key Utilization in Crypto.com
| Feature | API Key | App Only API Key |
|---|---|---|
| Permission | Lorem ipsum dolor sit amet | Please limit to particular functions |
| Use Case | Custom applications, data analytics tools | Third party unknown applications |
| Scope | Services provided by Crypto.com | Some API services |
| Key Management | Exposes the ability to user controlled security | Automatic generation available |
Conclusion
For developers who require integration with Crypto.com platform, API keys are indispensable. They let developers extend the tenets detailed above. Adhere to the best practices of key rotation and rate limit management to ensure the integrity and security of your applications.
We appreciate you reading this guide, if it was useful, do not skip out on our other posts covering recommendations and articles on integrating an API and building on a blockchain.
API Key FAQ Crypto.com
What’s an API key?
Unique identification: enables a particular user to glean insights into Crypto.com through its API.
You can place orders, retrieve market information, and control your account all at once.
How do I get an API key?
You may create an API key after you have loged into your Crypto.com account and navigated to the API Keys section.
How do I use an API key?
You can take full advantage of the Crypto.com API once you receive your API key. While making API calls, the provided API key shall be the one you will use.
What are the different types of API keys?
API keys are differentiated on two bases: single access or double access. The single access (read-only) enables viewing of market information and details about the account while the double access (read-write) is more advanced in the sense that one can issue commands, edit the account, and carry out many other activities.
How do I keep my API key safe?
Always remember to take care of your API key. Your API key should not be disclosed to any third parties. If you suspect foul play with your API key, it is crucial to revoke it immediately.
What should I do if I lose my API key?
If you are unfortunate enough to misplace your API key, you shall need to generate an entirely new one.
To start, visit the page with API Keys on your account with Crypto.com.
Are any fees applied for my API key usage?
API key usage does not incur any fees of any kind.
What are the advantages of having an API key?
- Automation: Automate order placements and procure market data.
- Customization: Configure API according to your requirements.
- Security: Grant access to accounts selectively through API keys.
What risks do I face from using an API key?
There are risks in having an API key such as the following:
- Security: API key compromises means that the account is prone to access and funds theft.
- Complexity: If you are new to API Development, you will need to hire a developer to use the API key.
h3How do I get assistance on matters related to API keys?
The support team at Crypto.com is available to answer all of your queries on API keys.