What is API management and how to create it?
API stands for Application Programming Interface, which defines a set of rules governing the interaction between two applications. In the context of cryptocurrency trading, an API enables you to connect with your exchange, granting you access to real-time market data, trade execution, and account management functionalities.
To create an API, follow these steps:
- 1.Log in to your account.
- 2.Once on the homepage, navigate to the top right corner and click on the person symbol representing your personal details.
- 3.Inside the personal details section, locate the "API Management" tab.
- 4.Click on the "Create API" option.
- 5.You can label your API for identification purposes.
- 6.For verification purposes, a code will be sent to your registered phone number.
- 7.Enter the verification code to confirm the creation of your API.
By following these steps, you can successfully create an API for your cryptocurrency trading needs.