How to connect your API keys to Yanda with Poloniex

Yanda is not supporting Poloniex API anymore

How to Connect Your Poloniex API Keys on Yanda

In this post, I am going to show you how to successfully connect your Poloniex Crypto Exchange to your new Yanda trading account. 

First, I want to go over real quick what an API key is and the reason we use them. 

API stands for Application Programming Interface.

Why do we use the API Keys:

You should see an API Key as a tool that lets you access a specific set of data from everywhere. The EU made clear to banks that they have to allow customers to get their API keys to enhance transparency and trust. Cryptocurrency exchanges follow the same regulation and therefore are allowing traders to generate API keys from their setting pages.

You need API keys when you want to create a link between your account with exchanges and other software.

To trade automatically via Yanda, you need to copy/paste the API keys from the various exchanges. Once you put your API keys onto Yanda, you will be able to automate your trading sessions across multiple exchanges without moving your cryptos outside the exchange!

API Security:

To let you have full control over the data you want to share, each API keys set can be generated with different permissions granted to the keys themselves.

If you create your keys with “read balance” permission only, the only thing you will be able to do with the API is to read your balance.

To trade with Yanda you need to grant “read balance” and “trade” permission.

You never have to grant “withdrawal” permissions to your keys so that nobody will be able to withdraw your funds from the exchange without your explicit permissions!

Now that we know more about  APIs, let me show you where we can find them and how to connect your exchanges to Yanda.

Yanda currently lets you connect with six different exchanges. You only need to connect one to automate crypto trading, but you can, in fact, connect all sic and trade between all of them from Yanda. There is now no need to have multiple tabs open to trade on multiple exchanges. That’s a win for us all…

Exchange available to connect on Yanda. 

It’s time to get into it. Let’s start with one of the most popular crypto trading exchanges Binance.

1. Go to your Yanda Dashboard and 

Yanda dashboard

2. Click on the Poloniex logo at the top and click to connect. It will highlight green.

Connect to Poloniex Trading Exchange

3. You will now be taken to the API section. Here you will find illustrated slides on how to connect your Poloniex account to Yanda.

Connect Your Poloniex Exchange

You can follow these step exactly – or you can continue reading this blog post and I will keep on track and list all the steps for your to follow below. Or if you want to, you can watch this video (how to connect your Poloniex account to Yanda using API keys)

Let’s move on.

4. If you already have a Binance account login, If you do not have an account already set up click the blue link ‘Don’t you have an account with Poloniex? Create it now.’

connect API to Poloniex Trading Exchange

Once you have either logged in or created your new Poloniex trading account you now need to find your API key settings.

5. Click on the settings button and then click on API Keys.

Poloniex api

6. Click create API Key!

Create an API Key on Poloniex

Note: An API key can be generated with different permissions granted. We highly encourage you to generate API Key without Withdrawal Permissions Granted. This can be worded slightly differently depending on the exchange you are connecting.

7. You have 15-Minutes to click the confirmation link sent to your inbox.

If you have already enabled 2-Factor authentication you can download the Google Authentication Application available on IOS and and Android. I have all my account connect on my mobile app even Coinbase for buying and selling and Hodling cryptocurrencies. 

you have 15 minutes to activate

8. Click the link to confirm activation of your Poloniex API Key.

Confirm email for API creation on Poloniex

9. Once your Key is confirmed, You will see the ‘API Key’ and ‘API Secret’. Go back to Yanda.io >> Poloniex API Section and follow the last step, step 10. 

Again Note This: We highly encourage you to generate API Keys without Withdrawal Permissions Granted.

Make sure no withdrawal selected

10. Copy & Paste your  ‘API Key’ and ‘API Secret’ to into the boxes on Yanda, and click ‘Connect Now’ and you are all set!

Time to enjoy the power of Automated Trading!

Add Poloniex API Key to Yanda.io

Now, you are all set to start automating your crypto trading with Yanda.

To double-check that everything has worked, go to the Yanda dashboard and look at the ‘Total Value’ of your portfolio. You will now see the total balance of your Poloniex trading exchange account.

Yanda.io dashboard with Poloniex account funds showing

Do you want to connect a different exchange or add multiple crypto exchanges to trade across them all from one place? 

Connect one of these six other exchanges we have listed on the Yanda trading platform:

read more on blog

More Posts

Ethereum 2.0 overview

Ethereum 2.0 F.A.Q. As a long time crypto trader, I have noticed uncertainty around the ETH 2.0, especially with novice traders that have joined the

Read More »

Ready To Join The Thousands Of Other Traders That Use Yanda To Automate Their Crypto Trading For Free?