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How do I know my trading bot is correctly connected through the API Key?

Check bot connection by comparing funds, reviewing Troubleshooter and Output logs, and performing a manual trade to verify API access.

Bryan avatar
Written by Bryan
Updated yesterday

If you want to verify that your crypto trading bot is properly connected through your API key, there are several checks you can perform:

1. Compare Fund Balances

Check if the funds displayed in your trading bot match those in your exchange account. You can view what funds your bot recognizes under the "Current Assets" tab in your Cryptohopper account. Make sure this matches what appears in your exchange account.

It's essential to have your funds in the correct wallet on your exchange. Most exchanges require your funds to be in the trading wallet or spot wallet. If you're using Kraken and see a letter after your asset name, please consult our specific article on ensuring your bot can access your funds.

Cryptohopper current assets dashboard displaying crypto portfolio with holdings including BTC, ETH, DOGE and various altcoins with their respective amounts and reserved balances

2. Review the Troubleshooter

Check your Troubleshooter tool. The last question in the troubleshooter will indicate if there are any errors in the output. Any API errors will be visible here. A list of all errors can be found here.

Cryptohopper troubleshooting interface showing Binance API-key format invalid error message in bot output log

3. Examine the Output Log

Review your Output log. This is where your bot communicates with you. Any errors related to your API Key will appear in this section. If you don't see anything in your Output log you can check this article.

4. Perform a Manual Trade

Try executing a manual trade. You can only perform manual trades through your Cryptohopper account if you're correctly connected to your exchange. If you can complete a manual trade successfully, this confirms your connection is working properly.

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