MAMAYtrading terminal

Exchange keys and safety

7 min read · What an API key is, which permissions to grant, and why MAMAY can't take your money.

Level:

Short version for experts: tables, lists and screenshots only.

Words in this lesson (2)
Position — An open trade: what you have bought or sold and haven't closed yet.
DEMO — The DEMO account in MAMAY: prices and fees are real, orders don't go to the exchange, and no real money is at risk.

What an API key is

An API key is a "pass" that the exchange gives a program so it can act on your behalf. A key has two parts: the key itself and the secret. It's created in your exchange account, in the "API" section.

A key has permissions. There are three kinds:

PermissionWhat it allowsWhen you need it
Readseeing balances and positionsalways — this is where we start
Tradeplacing and cancelling orderswhen you move on to real trades
Withdrawwithdrawing coins from the exchangeonly for transfers between your own exchanges

Rules you must not break

  1. Start with a "read-only" key. In DEMO, trading uses no real money anyway.
  2. Bind the key to your IP address in the exchange account. Then the key works only from your computer.
  3. Withdrawal permission — only together with an address whitelist. On the exchange, turn on "withdraw only to whitelisted addresses" and add your own wallets on other exchanges. The confirmation code from the app and email is entered once, by hand, when adding an address.
  4. Never send anyone your key's secret — not in a chat, not "to support".
MAMAY stores keys on your computer in encrypted form and never sends them anywhere — only to the exchange itself when making requests.

Important about VPN

The exchanges work without a VPN. The key is bound to an IP address, and under a VPN your address is different — the exchange refuses (error 403). If balances suddenly stopped loading, the first thing to check is whether a VPN is on.

Where to enter them

Settings → "Exchanges and connections" → the card with exchange keys. Each exchange has a field for the key and the secret. Only you enter the key: the mentor and support will never ask for it.

Further down in Settings there are separate cards:

  • "API keys · news and data" — optional keys for news sources and an Alor token for real-time Russian stocks;
  • "Artificial intelligence" — which AI powers the mentor (YandexGPT, GigaChat, Claude, ChatGPT, Gemini, DeepSeek, a model on your computer…), its key and the profile of your trained agent. From Russia without a VPN, YandexGPT, GigaChat and a model on your computer work.

↗ Open "Settings" in MAMAY ↗ Withdrawal setup in MAMAY

Learn where you trade

These lessons live inside the MAMAY terminal. There they come with a mentor powered by your AI that explains the screen you have open right now, reviews of your trades, and everything hidden on the site: screener rules, settings and live examples. Learning and manual trading are free.

Windows 10 and 11 · exchange keys stay on your computer · how the mentor works