In this example, the Binance API is generated by the exchange and you then pass it on to another application. The application will then import your data based on the permissions you allow for. An API Secret, also referred to as API Private Key is simply a password used in combination with the API Key .
Read moreIs the Binance wallet safe?
Binance offers a relatively secure, versatile way to invest in and trade cryptocurrencies . Binance could be overwhelming for beginners and experienced traders alike. Binance offers lower fees than many other cryptocurrency exchanges.
Read more