Coinbase Pro (Paper Trading) API Setup

To set up your Coinbase Pro (Paper Trading) account with Centrol, you will need to get 3 authentication tokens from your Coinbase Pro account.

  • Passphrase

  • Your Secret Key

  • API Token

Log into your Coinbase Pro account

To create your API Key, log in to your Coinbase Pro (Paper Trading) account and select the Profile icon on the top right corner of the page. You will find the API menu in the dropdown list of options.

Click on API.

You will now be taken to your Profile Information page, pre-selected to the API Settings tab.

Create a New API Key

In the API Settings tab, press the + New API Key along the top right of the window.

The Add An API Key window will now open and you will be asked to:

  • Portfolio β†’ Select the Portfolio, for most users, this will be set to "Default Portfolio" and will not be alterable.

  • API key nickname β†’ Create a nickname for the API Key, this can be anything you want to call it. We recommend that you call it Centrol for ease of recollection in the future if you need to get back to the API Settings screen.

  • Permissions β†’ Select the permissions to be made available to the API. In order for Centrol to work properly, we will need View and Trade permissions to be enabled. As this is a sandboxed account, there is no real risk of transfers, however, to ensure that you're following the same process for the real Coinbase Pro account integration, we recommend that you do not enable Transfer.

  • Passphrase β†’ We recommend that you change the Passphrase that is simple to remember and write as this is one of the 3 authentication tokens that you will need for the Centrol Integration. We changed ours to CentrolSignals

  • IP Whitelist β†’ You can leave this blank.

After you're finished here, press the blue CREATE API KEY button to continue to the next section.

2 Factor Authentication Verification

At this point, Coinbase will need to verify that you are who you say you are.

If you have not yet enabled 2 Factor Authentication on your Coinbase account, click here to see how you can get set up with 2FA on your account.

We strongly recommend that you enable 2 Factor Authentication to keep your account secure.

Once you enter your 2FA code, click ADD AN API KEY. to get your API Secret Key.

Secret Key

When your API Secret Key will be shown, copy it and record it in a safe place, as it won’t be shown again.

Click the blue, Done button to close the window.

API Token

Closing the popup will show the API Settings tab once again and you will see the API Token in the API Key container.

Hover over the key that is shown in the API Key container and click on it to copy it.

Add the 3 Authentication IDs to the App

Now that you have all 3 authentication tokens, open the Centrol Signals app and click on the menu button on the top left corner to open the menu sidebar. Click on Connect a New Broker.

Click on Connect CoinbasePro (Paper) and input all the tokens into their corresponding fields:

When you're finished, press the blue, Integrate button.

πŸŽ‰ You are now ready to trade with your Coinbase Pro (Paper Trading) account in Centrol!

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