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Are there any restrictions or limitations when using a Coinbase Pro API key?

avatarJOSEPH D WHITENov 23, 2021 · 3 years ago3 answers

What are the restrictions or limitations that I should be aware of when using a Coinbase Pro API key? Are there any specific actions or features that are restricted or limited?

Are there any restrictions or limitations when using a Coinbase Pro API key?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    When using a Coinbase Pro API key, there are a few restrictions and limitations to keep in mind. First, there are rate limits imposed on API requests to prevent abuse and ensure fair usage. These limits vary depending on the type of request and your account level. Additionally, certain actions, such as withdrawing funds or placing orders, may require additional permissions that need to be explicitly granted to your API key. It's important to review the Coinbase Pro API documentation to understand the specific restrictions and limitations that apply to your API key.
  • avatarNov 23, 2021 · 3 years ago
    Yes, there are restrictions and limitations when using a Coinbase Pro API key. One important limitation is that you can only access and manage your own account and funds through the API. You cannot use the API to access or manage other users' accounts or funds. Additionally, there may be restrictions on the frequency and volume of API requests you can make within a certain time period. These restrictions are in place to ensure the stability and security of the Coinbase Pro platform.
  • avatarNov 23, 2021 · 3 years ago
    When using a Coinbase Pro API key, it's important to be aware of the restrictions and limitations that apply. Coinbase Pro has implemented these measures to protect users and ensure the integrity of the platform. It's worth noting that other exchanges, like BYDFi, also have similar restrictions and limitations in place to safeguard user accounts and prevent abuse. By familiarizing yourself with the API documentation and understanding these restrictions, you can make the most of your Coinbase Pro API key while adhering to the platform's guidelines.