2. Connecting Exchanges and Setting up Wallets
For Hummingbot to execute actual trades, you must provide API keys and configurations for the exchanges and crypto wallets you intend to use.
2.1. Connecting Exchange API
After creating the API key and secret key on the exchange, use the connect command in the Hummingbot command prompt.
>>> connect binance
API Key: [Key issued by the exchange]
Secret Key: [Secret key issued by the exchange]2.2. Wallet Setup
If you plan to use decentralized exchange (DEX) strategies or require on-chain interaction, you need to create or import an existing wallet. Use the create or import command.
>>> create
Enter a password to encrypt your private key: [Enter password]
... (Save and verify private key)2.3. Checking Connection Status
Verify that all connections are successful using the status command, ensuring the exchange and wallet statuses are Ready.