Set up your Binance main account

If you have an existing Binance main account, you can add it in Liminal Vaults. As an owner or admin of your organisation, take the following steps to configure your Binance main account in Liminal vaults.

Step1: Generate API keys

  1. Log into your Binance account.
  2. Go to the https://www.binance.com/ API documentation to generate a Binance API key.

  1. Select Create API and then select System generated.
  1. Name your new API Key, for example “Liminal”.
  1. Copy and save both the API key and secret key; you will need them when adding your Binance main account in your organisation in Liminal Vaults.

Step 2: Enable API restrictions.

  1. Ensure the following API restrictions are enabled:
    • Enable Reading
    • Enable Withdrawals

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Note

  • The Enable Spot & Margin Trading option is not yet supported by Liminal.
  1. Restrict network access to allowed IP addresses. Select Restrict access to trusted IPs only (Recommended) and add the IP address 18.133.153.74.
  2. Select Save to save your settings.

Step 3: Configure your Binance main account

Once you have completed the above steps, you can set up your Binance main account in Liminal Vaults. Only the owner and admins of an organisation can add Binance accounts in Liminal Vaults. Members who are associated with the account teams (transaction initiators or signers) can view and approve transactions.

As an owner or admin, take the following steps to add your Binance main account in Vaults.

  1. Log into Vaults.
  2. Go to Wallets > Exchanges.
  3. Select + Add Exchange.

  1. Select Binance.
  1. Select Main Account, and select Binance from the dropdown in the Select Exchange field. Then fill in the following fields:
    • Connection Name: Enter the name you want to give this exchange account in Liminal Vaults.
    • API Key: Enter the API key saved from Binance.
    • Secret Key: Enter the Secret key saved from Binance.
  2. Select Next.

  1. In the Select Initiator Team field, choose the initiator team.
  2. Adjust the number of Minimum Initiators required to approve a transaction.
  3. Select Next.

  1. In the Select Approver Team field, choose the signing team to sign the transaction.
  2. Adjust the number of Minimum Approvers required to approve a transaction.
  3. Select Next.

  1. Review your changes and select Add Connection to complete your account creation.

Your Binance account will appear on the Exchanges page along with all managed assets and their balances. Transfers between Liminal Wallets and Exchange Accounts are now available.