Own management

Your coins and balance stay in your exchange account. Cryptotrader.online does not hold them.

Where your coins and balance sit

Your coins and balance stay in your exchange account. The API key only gives rights to trade on your behalf in your own exchange account. We cannot take anything out of your account. There is no money stored at Cryptotrader.online.

Your account is at Kraken or Bitstamp. The risk of that exchange is on Risks.

They have a good safety protection of user accounts using Two-Factor Authentication (2FA). Two-Factor Authentication makes it much more difficult for hackers to access your account.

The API key

Once you have an account with one of the supported exchanges you can create an API key. You create that key yourself. Withdrawals stay off. Getting Started explains, per exchange, how to create the key and which rights to turn on.

The API key is stored on the servers of Cryptotrader.online. We use it to place buy and sell orders on your behalf. Withdrawals are not possible. If the key is stolen and decrypted, third parties can open or close positions without your consent, but they cannot withdraw coins or balances. See Risks.

More about the trader is on How it works.