Connect your Binance account

Five minutes, once. The bot trades on Binance USDⓈ-M Futures with an API key that can trade but can never withdraw.

1 Create an API key

Binance → profile icon → API Management → Create API (System generated). Give it a name like MagixBot and complete the security check. Copy the API Key and the Secret Key (the secret is shown only once).

2 Permissions — withdrawals OFF

Enable Reading and Enable Futures.
Never enable Enable Withdrawals. MagixBot checks this and rejects any key that has withdrawals enabled.
Leave Spot/Margin trading and internal transfers off unless you need them elsewhere.

3 Restrict the key to our server IP

In the key's settings choose Restrict access to trusted IPs only and add: the server IP shown by support (email support@magixtradingindia.com). With an IP whitelist, even a leaked key is useless from anywhere else.

4 Set Position Mode to Hedge Mode

In Binance Futures → Preferences → Position Mode, choose Hedge Mode. The bots place orders as separate LONG and SHORT positions; in One-way Mode the orders are rejected. You can change this only when you have no open positions or orders on that account.

5 Add it in the Bot Dashboard

Open the Bot Dashboard → accounts → add a name, the API key and the secret. We verify the key with Binance before saving, and store it encrypted.

6 Start small

Start with the Grid Bot on one symbol and a small first order, and watch the log for a while.
Grid levels get bigger as price moves against you — use a leverage and a max-loss % you are comfortable with.
Stopping a bot cancels its resting orders but does not close your open position — close it on Binance or with Square-off.
Trading futures involves risk of loss; there is no guarantee of profit. See our Terms.

Open Bot Dashboard Need help?