Part 1: Create an API key in Bitvavo
1
Open the API settings
Log in to bitvavo.com and click your account name in the top right. From the dropdown menu, choose “API”.
2
Add a new key
Click “Add new API key”. A form appears for your new key.
3
Set permissions
Give the key a recognizable name, for example “API BitBrokerTrade”. Then enable the toggles for “Read only” and “Trade digital assets” (slide them to the right). Leave the IP whitelist field empty.
4
Generate the key
Click “Generate API key”. Enter your Bitvavo password and your 2FA authentication code, and click Confirm.
5
Copy the keys
Click the copy icon next to the API key to copy it to your clipboard. Paste the key in a notepad. Do the same with the API secret key. Then click “I have saved the secret API secret”.
6
Confirm the confirmation email
Bitvavo now sends an email to your registered address. Open the email and click the confirmation link. Only then does the API key become active in Bitvavo.
Part 2: Add the exchange in BitBrokerTrade
1
Navigate to Exchanges
Log in to BitBrokerTrade. In the left column, click Settings, then Exchanges, and then Add exchange.
2
Select Bitvavo
Click the Bitvavo logo to choose Bitvavo as the exchange.
3
Fill in the details
In the Name field, enter
Bitvavo. Then paste the previously copied API key and API secret into the matching fields.4
Set a reserved amount (optional)
Do you want to keep part of your balance out of the trader? Enable “Reserved amount” and enter the desired amount in euros. This amount is never used for purchases.
5
Add the exchange
Check that you have already confirmed the Bitvavo email. Then click Add. The connection is now active.
Reserved amount, how does it work? Say you have €1,000 on Bitvavo and you set €250 as the reserved amount. The trader will then only work with €750. A balance of €250 will always remain untouched on your euro account.