×

Download our apps


Get the App. Get started.

×

How to configure BitMart API key and add it to GoodCrypto app

Want to trade on BitMart exchange with conditional orders that do not freeze your balance until triggered, Stop Loss and Take Profit combos, Grid bot, DCA bot, Infinity Trailing Algo, and other advanced trading tools? They are all at your disposal with the Good Crypto app. Add BitMart API key to our app and enjoy our seamless trading flow with sophisticated trading tools that work in the same way on every crypto exchange we support.

How to configure BitMart API key and add it to GoodCrypto app

An introduction to BitMart for new users

BitMart is a global crypto exchange based on three core priorities: trustworthiness, accessibility, and professionality. It allows trading of over 1,000 cryptocurrencies with advanced cryptocurrency spot and futures trading dashboards, offering a simple buy/sell crypto feature and a range of earning opportunities for both newbies and professionals.

In order to track the progress of your portfolio and learn how to set, say, a Trailing Stop Loss on BitMart, just open the Good Crypto app where everything is pretty much straightforward. But first, let’s configure your BitMart API key to add it to Good Crypto.

What is an API key?

Not specific to crypto, API stands for application programming interface that allows two apps to recognize and talk to each other. Think of connecting two apps via an API as creating a group chat for a couple of your friends that you want to introduce to each other.

BitMart exchange and the GoodCrypto app are two separate platforms, so you’ll need to connect them if you want to import your trades, balances, and positions from BitMart to GoodCrypto and execute orders on BitMart via our app. An API key will help you with that.

You’ve probably heard of public and private keys in the context of blockchain wallets. The API key you generate on the exchange is made up of these two keys exactly and works similarly.

The API key, or public key, or public address identifies you as a user. Think of it as the email you use to create an account, while the API secret or secret key, visible only to you, signs the requests from your public address and proves that it was you, who sent the request, beyond any doubt due to strict mathematical rules of asymmetric encryption.

Security

So, is it safe to add your BitMart API key to Good Crypto?

In general, by issuing an API key, you create a potential (however small) risk to your account’s security, but don’t worry, Good Crypto has got you covered!

When you add your API key to your Good Crypto account, it gets immediately encrypted on your device and transferred to our servers in an encrypted form over a secure channel. From now on, your encrypted key is stored in our database being invisible to anybody. Channels of communication between our app and our servers are always encrypted – this is how we make sure no man-in-the-middle attack is possible. When you need to send your order to the exchange, you instruct the app, and we send the request to our server. In an instant, the server places your order on the exchange.

Moreover, your public and secret keys are always stored in separate encrypted and firewalled databases on our servers and only “meet” for a brief moment of signing the request to the exchange.

Thus, your API key is totally secure once inside the app – your main task is to make sure you don’t expose your API key yourself. The critical rule for that is to NEVER send your API key over an unencrypted channel. This means absolutely no sending your API key to your phone by email!

There is also an additional layer of security since it’s you and solely you who defines allowed actions, or permissions, for your API key. It’s less complicated than you think. Look!

Good Crypto normally requires two permissions: the permission to import and track your orders, positions, and balances (Read-Only) and send orders to the exchange (Trade). To allow these permissions, just check Read-Only and Trade while creating your keys.

But, please, note that we strongly encourage you NOT to check the Withdrawal box while creating your key. Our app doesn’t need this option to function just fine, so do yourself a favor and reduce the risk for your funds being withdrawn by anyone but yourself.

The process of configuring and adding your API key

Step 1: Go to API Management

BitMart_API_keys_1

Sign in to your account on the BitMart website, click on the Profile button and, then, click on API Management.

Step 2: Set up new BitMart API key

BitMart_API_keys_2

Create a Memo for your Bitmart API Key. It acts both like a name and a passphrase for your API key and proves that the digital assets you will transfer belong to you. Your Memo will serve as an additional layer of your Bitmart API key security, so don’t share it with anyone.

Don’t forget to copy and save the Memo – you will need it to add your API key to the GoodCrypto app.

When you are done with Memo, activate the “Spot-Trade” permission and press the Add button.

Do NOT activate the “Withdraw” option – we’ve already explained that our app doesn’t need this option to function, so don’t: reduce the risk of your funds being withdrawn by crooks.

Do NOT bind any IP addresses to your API key – otherwise it won’t function correctly within GoodCrypto.

BitMart_API_keys_3

Verify your actions by entering one-time codes sent to your e-mail and/or SMS.

Once you click Submit – your API key will be created.

Step 3: Copy your BitMart Access Key and Secret Key

BitMart_API_keys_4

DO NOT CLOSE THIS SCREEN until you add your API key to GoodCrypto – your secret key will only be shown to you once – if you leave this screen, you’ll never see it again.

You can see both Access Key (API Key in our app) and Secret Key (API Secret in our app) on the screen now. You have to copy each of them separately to add them to the GoodCrypto app.

Step 4: Add your BitMart API key to GoodCrypto

Option 1: Mobile app

Once you’ve created your BitMart API key, go to Settings in your Good Crypto app, then Exchanges, then BitMart and click Enter API keys.

BitMart_API_keys_5

BitMart_API_keys_6

Copy your Memo, the Access Key (API key) and Secret Key (API secret) and paste them into the respective fields in Good Crypto.

Don’t forget to name your account so that you could tell it apart from your other accounts. It will be displayed across the app so make sure you include the name of the exchange in some form, to be able to identify it.

Also, the shorter the name the better, since the space on the screen of your phone is scarce. After you’ve done naming it – press Save and Validate.

If everything is fine, the status will turn to OK, and you’ll see a green checkbox. Begin using your account right now!

By the way, take a look at your new API key on the screen up above! We display the first and last numbers of your public key on purpose. In case you forget which account this key represents you can always go back to the BitMart interface and compare the first digits of the key, to differentiate one account from the other in case your naming skills will fail you.

If the key wasn’t added and you’ve received an error message, make sure you’ve entered the correct key and that the key has at least the “Read-Only” permissions.

The problem persists? Contact our support desk at support@goodcrypto.app

Option 2: Web app

Another safe and convenient way to add the keys is by using the web version of our app.

Go to the web version of our app on your desktop, copy and paste the API key from the exchange, and we will sync it to our mobile app in real time.

The flow in the web app is similar to mobile: Settings → Exchanges → BitMart → Enter API keys

BitMart_API_keys_7We don’t recommend storing your keys on your PC or sending them via email or in any other unencrypted way!

Step 5: Turn on 2FA for your Good Crypto account

Once you are done adding your API key, increase the security of your Good Crypto account by turning on 2FA – we do not require it but strongly recommend it.

The 2FA banner in your app might seem a little bit annoying. We did it on purpose because we wanted you to be safe. And – sorry, we won’t get off your back until you enable 2FA to secure your account.

BitMart_API_keys_8

Congrats! You’ve successfully added one more exchange to your favorite crypto portfolio manager, Good Crypto.

What happens next:

Now GoodCrypto will import the history of your trades, deposits, and withdrawals from the exchange. It may take some time, so be patient.

Compared to other similar apps that start tracking your exchange balance only from the moment you add your API key, Good Crypto is pulling data from the exchange going as far back as the exchange API permits. Say, you’ve been two years with BitMart. The app, then, will display how your portfolio has changed since you created your BitMart account. Pretty cool, huh?

If you are having troubles connecting your account – please, contact our support.

Check out our other pieces to learn how to trade and earn with Good Crypto

Trailing Stop Order: a definitive guide by Good Crypto app

Crypto Trading Bots: What Bots and Strategies to Use to Make Your Trading Lucrative

Have an account with other exchanges? No problem! Find yours in the list of 30 + guides we’ve provided for you:

How to configure FXT API key and add it to Good Crypto

How to configure KuCoin‌ API key and add it to Good Crypto

How to configure Binance API key and add it to Good Crypto

How to configure Bybit API key and add it to Good Crypto

How to configure Kraken API key and add it to Good Crypto

How to configure BitMEX API key and add it to Good Crypto app

How to configure Bitfinex API key and add it to Good Crypto

How to configure Mandala API key and add it to Good Crypto

How to configure Phemex API key and add it to Good Crypto

How to configure Coinbase Pro API key and add it to Good Crypto

How to configure OKX API key and OKX Futures API key and add it to Good Crypto

Share this post:

July 19, 2022

Want to trade on Phemex exchange with conditional orders that do not freeze your balance until triggered, Stop Loss and Take Profit combos, Grid, DCA, and In...
Click here to see the process of configuring and adding your Phemex API key
Want to trade on Coinbase Pro with conditional orders that do not freeze your balance until triggered, Stop Loss and Take Profit combos, Grid, DCA, and Infin...
Click here to see the process of configuring and adding your Coinbase Pro API key
Want to trade on OKX exchange and OKX Futures with conditional orders that do not freeze your balance until triggered, Stop Loss and Take Profit combos, Grid...
Click here to see the process of configuring and adding your OKX API key
Want to trade on Mandala exchange with conditional orders that do not freeze your balance until triggered, Stop Loss and Take Profit combos, Grid, DCA, and I...
Click here to see the process of configuring and adding your Mandala API key
Want to trade on BitMEX with conditional orders that do not require margin until triggered, concurrent Stop Loss and Take Profit, Grid, DCA, and Infinity Tra...
Click here to see the process of configuring and adding your BitMEX API‌ ‌key‌