Coinbase - API | Waltio Help Center 😃 🇬🇧 (2024)

Hi there 👋

Please keep in mind that Coinbase and Coinbase Pro have different API generation processes. If you are looking to connect your Coinbase Pro keys, click here.

You now have the ability to connect via Coinbase Sync, to do so follow this article.

Otherwise, here is the tutorial to create an API 👇

Coinbase - API | Waltio Help Center 😃 🇬🇧 (1)

Step 1: Log in to your Coinbase account

Then click on your profile in the upper right corner, then click on “Settings”

Coinbase - API | Waltio Help Center 😃 🇬🇧 (2)

Step 2: Click on “API Access” and then on “+ New API Key

Coinbase - API | Waltio Help Center 😃 🇬🇧 (3)

Step 3: Please configure the API settings

Select all the portfolios you wish to connect.

Click on “All” to give access to all your accounts.

Coinbase - API | Waltio Help Center 😃 🇬🇧 (4)

Then assign the following permissions:

Coinbase - API | Waltio Help Center 😃 🇬🇧 (5)

Check all required API permissions. Waltio only requires “read” permissions.

Required permissions:

  • wallet:sells:read

  • wallet:buys:read

  • wallet:transactions:read

  • wallet:accounts:read

⚠️ If you don't give access to all of your wallets (as in the example here above), the API will not work. It is essential to allow your key to access all of your wallets.

Step 4: Please scroll down and click on “Create”

Your API key and API secret keys will be displayed. Note that Coinbase will only show you the API secret key once, so be sure to copy the keys to a safe place.

Coinbase - API | Waltio Help Center 😃 🇬🇧 (6)

👉 Some browsers may block some pop-ups, like Brave, impeding you to read properly your secret key, as it won't appear. Hence, we kindly invite you to change your browser.

Step 5: Wait for 48 hours

As Coinbase will disable your new API key during this period. This is part of their security measures.

Step 6: Link your keys to Waltio

💡 It is important to ensure the API remains on the latest version by clicking on the “Upgrade” button in case it pops up, next to the red square:

Coinbase - API | Waltio Help Center 😃 🇬🇧 (7)

👉 The API synchronization can be disturbed by a VPN utilization, kindly check that it does not interfere with your connection.

Here are some information on how to manage your APIs on Waltio :

⚠️ If you add files containing transactions read by API, then the relevant transactions will be duplicated on Waltio. Our API gives you a choice if you already had Coinbase files on your Waltio account. It will ask you to choose between two options:

👉 Recovering all the data since the creation of your Coinbase account.

👉 Recovering all data since the last transaction date present on your Waltio account.

⚠️ You should not delete your keys or change the permissions because it will complicate the analysis :

  1. If you have already deleted your keys, then we will not be able to synchronize automatically. So you will have to create new ones.

  2. If you have already modified your keys, then we put them in disabled mode.

  3. If you correct afterward, you will have to contact us, because we do weekly synchronizations.

  4. Deleting the keys will automatically cause the loss of all modifications (recording of labels, prices, etc.) made on the transactions retrieved via API.

Here are some specific information about the Coinbase API:

1️⃣ Coinbase's CONVERTs are very tricky transactions, as they are potential taxable events by the conversion into euros. While both options, to consider them as taxable operations or not, are viable. We have chosen the latter by default in our tool.

👉 “Convert” type transactions generate two transactions in Waltio.

2️⃣ The following transaction type is not supported by Waltio: Transfer between “internal accounts” (removed to show only cryptocurrency purchases, sales, and deposits/withdrawals).

3️⃣ Earnings related to quizzes/questionnaires/tutorials answers are not taken into account by Waltio. We kindly recommend you to add them manually by creating a transaction or via Waltio's format file.

4️⃣ It is possible to add multiple Coinbase APIs on Waltio.

5️⃣ We use this API to retrieve deposits: Coinbase Digital Currency API.

If you have any other questions, do not hesitate to contact us via the chat just at the bottom right of your screen! 💬

The Waltio Team

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Coinbase - API | Waltio Help Center 😃 🇬🇧 (2024)

FAQs

What is Coinbase API used for? ›

Connect, build, and trade with Coinbase Advanced API.

Automate market, limit, and stop-limit orders by building with REST API or leverage your preferred trading bot². Security features include 2FA, mobile biometrics, YubiKey for mobile, Address Whitelisting, and more.

Where is Coinbase API Secret key? ›

Sign in to your account and access your Settings by selecting the profile menu in your account and choosing Settings from the drop-down menu. Select the Security tab to view your current API keys and select New API key to generate a new key. This should appear under your existing API Keys automatically.

What is the secret key in Coinbase? ›

A string of letters and numbers that is used to access and spend cryptocurrencies or NFTs stored in a wallet. A Seed Phrase represents your private keys within a wallet. Neither your private keys or seed phrase should ever be shared with anyone otherwise they could gain access to your wallet and steal your funds.

Why is my API key disabled on Coinbase? ›

3.1 Coinbase disables your new API key for 48 hours. This is part of their security measures. Don't worry though, we got a neat blog section that will keep you busy until then!

Why would someone use Coinbase? ›

Coinbase is a secure online platform for buying, selling, transferring, and storing cryptocurrency (crypto). Our mission is to create an open financial system for the world and to be the leading global brand for helping people convert crypto into and out of their local currency. We make buying and selling crypto easy.

What is API key and secret? ›

An API key and secret key are the credentials from exchanges that can be used to extract transaction history information required for tax calculations.

How to connect to Coinbase API? ›

  1. Step 1: Log in to your Coinbase account. ...
  2. Step 2: Click on “API Access” and then on “+ New API Key”
  3. Step 3: Please configure the API settings. ...
  4. Step 4: Please scroll down and click on “Create” ...
  5. Step 5: Wait for 48 hours. ...
  6. Step 6: Link your keys to Waltio.

How to find API secret? ›

You can find your Secret API key on the API key page. Check out our Best Practices for API Key Safety to learn how you can keep your API key protected. Reminder: Do not share you API key with anyone!

How to get Coinbase private key? ›

Coinbase Prime API private key creation
  1. Sign in to your Coinbase Prime account.
  2. Select your profile photo or the default image, which is a circle with your first initial, to open the sidebar. ...
  3. Once you've opened the Settings dashboard, select the APIs tab.
  4. Select Create API Key.

What is the secret seed in Coinbase? ›

When you first set up a crypto wallet — like Coinbase Wallet — it generates a string of simple words, which is your recovery phrase (sometimes also known as a seed phrase). The wallet also uses the recovery phrase to algorithmically create private keys — which allow you to send or spend your crypto.

What is the private key to my wallet address? ›

Your private key is generated by your wallet and is used to create your public key (your wallet address) using encryption. You can view your private key using your wallet.

How do I find my crypto private key? ›

Where can I find my private Bitcoin key?
  1. Software wallets (desktop, mobile, or online): When you use a software wallet, your private key is stored within the application. ...
  2. Hardware wallets: Hardware wallets, such as Ledger or Trezor, store your private keys offline on a physical device.
May 18, 2024

Do I need an API key for Coinbase? ›

API keys are required to authenticate Coinbase API requests. Currently, our products use multiple key services which you can find in the table below. CDP API Keys are native to the CDP Portal and most Coinbase products are migrating to them.

How do I get a valid API key? ›

To create your application's API key:
  1. Go to the API Console.
  2. From the projects list, select a project or create a new one.
  3. If the APIs & services page isn't already open, open the left side menu and select APIs & services.
  4. On the left, choose Credentials.
  5. Click Create credentials and then select API key.

How do I activate my API key? ›

  1. In the Google Cloud console, go to the Credentials page: Go to Credentials.
  2. Click Create credentials, then select API key from the menu. The API key created dialog displays the string for your newly created key.

What is a crypto API used for? ›

An API, or Application Programming Interface, is a set of rules and protocols that allow different software applications to communicate with each other. In the context of cryptocurrencies and blockchain technology, APIs are pivotal for enabling various types of interactions between applications and blockchain networks.

What are API tokens used for? ›

In contrast, an API token is a string of codes containing comprehensive data that identifies a specific user. API tokens also carry the scope of access granted to a specific user. This allows the server to both authenticate requests of the calling user and validate the extent of API usage.

What is an API key used for in crypto? ›

API keys are a common means of authentication and authorization for accessing web-based services and applications. These generally take the form of a string of alphanumeric characters generated by the provider of a web service. The client or end-user can take this API key and use it to gain access to the service.

What is API in crypto wallet? ›

The Wallet API allows developers to interact with blockchain networks and offer wallet functionality to their users without having to build everything from scratch. This can include features like account creation, transaction management, balance inquiries, and more.

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