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Create Binance API Key

Step-by-step guide to create an API Key on Binance for use with PayerScan.

Step 1: Log in to Binance

Step 2: Go to AccountAPI Management (or navigate directly to: API Management)

Step 1 — Open API Management in sidebar, then click Create API

Step 3: Click Create API

Step 4: Select System generated (HMAC) → click Next

Step 2 — Select System generated API Key type

Step 5: Enter a label for the API Key (e.g., PayerScan API) → click Next

Step 3 — Enter API Key label

Step 6: Complete 2FA verification (Email + Authenticator)

Step 7: Copy your API Key and Secret Key

Step 4 — Copy your API Key and Secret Key

CredentialDescription
API KeyA public string (always visible, can be copied anytime)
Secret KeyA secret string (shown only once, copy and save it immediately!)
danger

Secret Key is shown only once during creation. If lost, you must delete and create a new API Key.

Step 8: Configure API Key Permissions

Make sure the API Key permissions are set correctly:

  • Enable Readingrequired (allows reading transaction history)
  • Enable Spot & Margin Trading — not needed
  • Enable Withdrawals — not needed
  • Enable Futures — not needed
Important

Only enable Enable Reading. Do NOT enable Trading or Withdrawals permissions for safety — this API Key is only used to check transaction history, not to make any trades.