How to Create API Keys on Foxbit
With Foxbit, you can automate various cryptocurrency management processes in Nicky, streamlining transactions, monitoring balances, and optimizing trading strategies. By setting up an API Key, you gain access to powerful automation features that make managing your digital assets more efficient and secure.
This step-by-step guide will walk you through how to generate and configure an API Key on Foxbit and integrate it with Nicky to ensure seamless operation.
Step 1: Log in to Your Foxbit Account
To begin, visit the official Foxbit website (www.foxbit.com.br) and log in using your registered email and password.
If you have two-factor authentication (2FA) enabled, you’ll be required to enter the verification code sent to your mobile device or authentication app.
Step 2: Access Your Account Settings
Once logged in, navigate to the upper right-hand corner of the screen, where you will see either:
- A user icon
- Your name
Click on this icon or your name to open a dropdown menu, then select “Settings.”
After clicking Settings, you will see various options related to your account security and API settings. Locate and click on the API Key option, which will be highlighted within the settings menu.
Step 3: Navigate to the API Section
Inside the API Key settings, you will find an option to create a new API Key.
Click on “+ New API Key” (or a similar button) to start the key creation process.
If You Have Existing API Keys
If you have previously created API Keys on Foxbit, you will see a list of existing keys. If no API keys have been created, this section will appear empty.
At the bottom of the page, you will see the option “Create API Key.” Click this button to proceed.
Enable Two-Factor Authentication (2FA) If Required
Before allowing you to create an API Key, Foxbit may require you to enable 2FA (two-step verification) for security purposes.
- If you already have 2FA enabled, you can proceed directly by clicking “Create API Key.”
- If prompted, click on “Enable 2FA Authentication” and follow the instructions to complete the setup.
Step 4: Configure the API Key
Once you have initiated the API Key creation process, you will need to set the correct permissions for Nicky to function properly.
Understanding API Key Permissions
Foxbit allows users to define specific permissions for their API keys. This ensures that third-party applications like Nicky only have access to the necessary account functionalities.
Required Permission for Nicky: “Reading”
To ensure that Nicky functions correctly, you must enable the “Reading” permission when setting up your API Key.
What the “Reading” Permission Allows Nicky to Do
- Access your account balance – Nicky can retrieve your current cryptocurrency and fiat balances for real-time tracking.
- View transaction history – Nicky can analyze past transactions, allowing it to generate reports and insights.
- Check open orders – If you have active trades, Nicky can monitor them and provide updates.
This permission allows Nicky to access critical financial information while ensuring that no unauthorized transactions or withdrawals can occur.
Step 5: Generate the API Key
After selecting the necessary permissions, click on “Create API Key.”
Once your API Key is successfully generated, Foxbit will display the following credentials:
- User ID – Identifies your Foxbit account.
- Access Key (API Key) – This is the key used to authenticate API requests.
- Secret Key (API Secret) – This serves as an additional security measure for encrypted API communication.
Important: Secure Your API Credentials
Foxbit will display a warning stating:
“Keep the Secret Key in a safe place, it will not be displayed again.”
Since the Secret Key is only shown once, you must immediately copy and store it securely in one of the following locations:
- A trusted password manager
- A securely encrypted file
- An offline storage method (such as writing it down and keeping it in a secure place)
If you lose the Secret Key, you will need to revoke the API Key and generate a new one.
Step 6: Test the API Key in Nicky
Now that you’ve successfully generated your API Key, the next step is to integrate it with Nicky.
1. Log in to Your Nicky Account
Open the Nicky platform in your web browser and log in using your credentials.
2. Access the Settings Page
If you are using the desktop version, click on the menu icon in the upper right-hand corner of the page. From the dropdown menu, select “Settings.”
3. Navigate to the Connections Section
Within the Settings page, you will see multiple tabs. Click on the “Connections” tab to manage your API integrations.
4. Add a New Connection
Once inside the Connections section, click on “Add Connection.”
5. Configure the Wallet Service Provider (WSP)
Select Wallet Service Provider: Choose Coinbase from the available options.
Enter API Credentials: Fill in the required fields with the information provided by Foxbit:
- API Key – Paste the API Key you copied from Coinbase.
- API Secret – Enter the corresponding API Secret.
- Connection Name – Assign a name to this connection for easy identification.
6. Finalize the Connection
After entering all the necessary details, click on “Add Connection” to complete the setup.
Upon successful connection, Nicky will update your dashboard, displaying all linked wallets and transaction data.
Security Best Practices
Since API keys have the ability to access, trade, and withdraw funds, it is critical to follow security best practices:
- Never share your API credentials with anyone.
- Enable two-factor authentication (2FA) on your Foxbit account.
- Use a secure password manager to store your API keys safely.
- Review your API permissions regularly to ensure they align with your needs.
- Revoke unused API keys if they are no longer needed.
Final Thoughts
By following this guide, you can successfully create and configure an API key on Foxbit and integrate it with Nicky for seamless crypto management.
This integration allows Nicky to retrieve account balances, monitor transactions, and track open orders, providing real-time insights into your crypto assets while maintaining security and efficiency.
If you need additional guidance, consider checking the Foxbit Help Center or watching step-by-step video tutorials on platforms like YouTube for a visual walkthrough of the Foxbit API setup.
Now you are ready to automate and streamline your cryptocurrency transactions with Nicky and Foxbit.