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3Commas: A Guide to API Security

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3Commas uses encrypted API keys and enterprise-grade tools from security service provider Cloudflare to keep user data safe

Original source: 3Commas

Is it safe to use 3Commas?

Of course. Your funds are safe as they are always held in your trading platform account. 3Commas' API is encrypted to connect to your trading platform. 3Commas' trading system sends signals to your trading platform to start and close trades, but does not have permission to withdraw or transfer fiat/cryptocurrencies.

Even better, since 3Commas is connected via API, your trading platform login details are never revealed to our system. It is not a password manager, save your username and password for each trading platform. There are no backdoors or caches to exploit, as the API is designed from the ground up to not be able to get any of your personal information from the trading platform.

How does 3Commas protect user data?

3Commas secures user data with encrypted API keys and enterprise-grade tools from security service provider Cloudflare, including:

- Web Application Firewall

- DDOS Attack Protection

- SSL/TLS encryption between guest and origin server

What can you do to keep your data safe?

1. Use 2FA for 3Commas and each of your trading platforms.

2. Keep your backup key in a safe place, preferably in cold storage.

3. Do not send your API keys via messaging software or store them on cloud services.

4. Be wary of phishing emails that imitate the email address of the trading platform.

5. In case your mobile device is lost or stolen, back up your critical security app keys.

6. Don’t rely on search engines to take you to the official login page; type the address directly into your browser’s address bar and bookmark it for easy access.

7. Regularly scan the devices you use to access cryptocurrency and financial services for viruses and malware.

3Commas’ Commitment to User Security

In Cryptocurrencies In 5 years in the industry, 3Commas has never had a serious data breach. This is a testament to how seriously 3Commas takes security. Every blockchain and cryptocurrency service is an attractive hacking target, and 3Commas always operates on the assumption that someone is trying to gain access to our users' information and takes all reasonable precautions in advance to detect these attacks before they occur. Take precautions to keep your account safe. In addition, 3Commas also conducts in-depth development cooperation with trading platform partners to continuously introduce faster and more secure API connection methods.

In addition to security, 3Commas is the industry leader in quantification, and their DCA robots, grid robots, and HODL robots are also popular among traders favor. For our readers, 3Commas is giving a 15% discount on monthly PRO subscriptions. Use promo code: EBnmru0A

You can also enter 3Commas Telegram community to discuss cryptocurrency trading.