In this tutorial, we are going to explain how you can link your Binance account to the hopper. Binance offers a 0.1% fee on all trades, making it the cheapest exchange we support on our platform (e.g. 0.15% - Poloniex / 0.25% - Coinbase Pro). 

Read our explanation below, or watch this easy video.

Sign up on Binance


The first thing you need to do is create an account at Binance. Click here to go to Binance.

binance-landing-page

Create your account

Fill in the required fields.

Note that this account is where you will store your funds, so it's very important to choose a strong and reliable password.

You will receive an email with an activation link. Binance is rather strict with their verification rules, so you will have to verify your identity with a driver's license or passport, as part of their effort to prevent money laundering through the exchange.

binance-register-page

Buy crypto

Now that you've successfully created your account, the next step is to buy cryptos or deposit your funds. On the left in the header menu, it is possible to buy cryptocurrencies with fiat currencies such as USD, EUR, and many more. 

binance-deposit

Deposit funds

If you already own cryptos, then you can click on Wallet in the header menu, followed by Spot Wallet. Search for the coin that you would like to deposit and click on Deposit. When sending the funds, double-check the address and the amount to ensure that you've correctly filled in all the required information!

binance-deposit

API Keys

The next step is to create an API key for your Hopper. With this key, your Hopper can trade on your behalf. At the top right corner, you will find the profile icon. Hover over the profile icon and click on API Management. Then, you can create a Label (name) for the API Key you're creating. Click on Create, fill in your 2FA and confirm your new API Key by mail. 

binance-create-api-key
 

API Key settings

Copy the settings we have displayed in the provided image.

*IMPORTANT

We do not want the permission to transfer funds! We solely want to be able to view, trade and manage.

Click "Create API Key".

Your public and private key are shown at the bottom of the page.

We'll have to copy these keys into the configuration of your Hopper.

binance-user-interface

Configure your Hopper

Now that you've created your keys, it's time to configure your Hopper. Go to your Hopper's dashboard and click "Configuration".

Choose Binance as your exchange. Fill in your API key and your API secret key.

Click save.

hopper-configuration

Unable to see your exchange balance?

 There are several things that prevents your hopper from synchronizing the funds of your exchange. In most cases, the browser that you use has ‘’auto-fill’’ enabled. This means that the browser fills in certain text fields themselves. There are three things you can do:

  • Disable autofill,
  • Use incognito mode of your browser
  • Use a browser that you don’t use often.

Another thing that could prevent your hopper from synchronizing are password managers, disable this for Cryptohopper.

 

That'll be all! Check out our other tutorials/Academy and the community forum where users share their Hopper settings. If you want more information about this topic, watch our Cryptohopper Academy video