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Bitfinex Setup and Creating an API Key

Contents


1. Deposit Funds into Your Bitfinex Account

Follow Bitfinex’s on-screen guidance to complete the items below so everything works later

  • Register a Bitfinex account

  • KYC: complete at least Intermediate verification to get full crypto trading and transfer access; to use international bank wire (SWIFT), you must verify to the highest level (Advanced)

    • Basic requires: a government-issued photo ID, a selfie, a phone number and your residential address
    • Intermediate requires: everything in Basic, plus a second government-issued photo ID, proof of residence, a financial questionnaire and a KYC declaration
    • Advanced requires: everything in Intermediate, plus a bank statement
  • Two-factor authentication: we recommend Twilio Authy Authenticator, which makes it easy to switch phones later (you can link a phone number or email, but be sure to remember your password)

  • Deposit: transfer USDT to the platform over a blockchain (Ethereum, Tron), or use international bank wire (SWIFT)

2. Create a Dedicated Key for the Platform

New Interface (after 2026-10-14)

Step 1: Create a New API Key

Step 1: Create a new API key

  • Click the icon at the top right of Bitfinex > API Keys > New API Key
    • Label: FalconLend
    • IP address restriction: no IP restriction

Step 2: Set Read Permissions

Step 2: Set read permissions

  • Get funding statuses and info
  • Get historical balances and trade info
  • Get wallet balances and addresses

Step 3: Edit Permissions

Step 3: Edit permissions

  • Margin Funding: offer, cancel and close funding
  • After creating the key, go to your email and click the Create API Key button in the message

Step 4: Get the API Key and Secret

Step 4: Get the API key and secret

  • API Key and API Secret
  • Each is 43 characters (lowercase letters and digits)
  • Record them safely, then enter them in FalconLend
  • The key is shown only once and disappears when you close the window; if you lose it, delete the old key and create a new one
  • When done, continue to Set Up FalconLend Auto-Lending

References