How To Integrate An Exchange Using API Key With KoinX
Keeping accurate records of trades, deposits, withdrawals, and other operations requires regular updates. Using multiple exchanges can make the manual handling of crypto transactions quite tedious. This could lead to errors or overlooked transactions, thereby complicating portfolio tracking and tax filing in the lack of an automated system.
Integrating your exchange account with KoinX through an API key helps you skip the need for manual data entry. KoinX seamlessly integrates your trading activity, ensuring your transaction history remains accurate. This seamless connection allows for effortless portfolio tracking, and the automated integration minimises the chances for human error.
Follow these steps to connect your exchange account and effortlessly manage your crypto portfolio.
Note: In this guide, we are using Bybit as an example, but similar steps can be followed for importing the API Key from other exchanges as well. To learn more about specific exchanges, check our integration page (opens in a new tab).
Step-by-Step Process
Log In to Your KoinX Account
- Navigate to KoinX Platform (opens in a new tab)
- Please sign in by entering your credentials to access your dashboard.
Go to the Integrations Tab
- On your dashboard, select Integrations (opens in a new tab) from the menu.
- This section allows you to configure and manage exchanges with KoinX.
Search For The Exchange You Want To Integrate.
- Click “Add Integration” on the top right corner.
- Locate the search bar within the “Add Integration” page.
- Type “Bybit” into the search field to find the exchange integration or your preferred exchange name into the search field to find the exchange integration
Select Bybit API Key Integration
- Once Bybit displays in the search results, click on it to continue.
- This will access Bybit's API Key integration page.
Enter Your API Key
- Click “API Key” in the text field to enter your credentials.
- Ensure you're using the correct API key generated from your Bybit account.
Verify and Confirm API Key Details
- Double-check the API key for any errors.
- Make sure the key has the correct permissions for data syncing.
Click Import Now
- After entering the API key details, click "Import Now" to complete the process.
- The system will confirm your API key and start syncing your Bybit transactions with KoinX.
Why Use API Key Integration?
- Automatic Data Synchronisation: No need for manual uploads; all transactions are updated in real-time.
- Accurate Portfolio Tracking: Updates your transaction records for tax and investment tracking.
- Secure and Private: API integration ensures encrypted data management.
By following these simple steps, you can import Bybit transactions into KoinX and easily manage your cryptocurrency portfolio. Connect your Bybit account, click on settings, and KoinX will cover the rest. This lets you track transactions and adjust your portfolio with only a few clicks!