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Date/Time: Thu, 09 May 2024 20:38:14 +0000



Post From: Security

[2017-04-26 20:13:55]
vbmithr - Posts: 204
In order to trade on Poloniex with Sierra Chart, you need a bitsouk.com account.
Create an API key on Poloniex that has trading rights only (and NOT withdrawing rights), then add those API credentials in your bitsouk.com account.
Then, when using the service with Sierra Chart, put your bitsouk.com login/password in the Username/Password field of Sierra Chart.

Your API key/secret is kept encrypted in bitsouk.com database, and can only be decrypted with your login/password. Each time you connect to Poloniex on Sierra Chart, a secure query is made from the Sierra Chart backend server to bitsouk.com, with your bitsouk.com credentials.

In order to steal your API key, that has limited rights anyway, an attacker would have to compromise bitsouk.com database, to have access to your encrypted API credentials, as well as your password that is not stored in cleartext anywhere, and is only tranfered over TLS connections.

This is the best security scheme I could come with. I hope it is satisfying enough for your needs.

Regarding 2FA, this is irrelevant here because what you need is an API key, and NOT your Poloniex credentials.

Sorry for the confusion, we need to improve on documentation.

Best,
Vincent