These instructions will guide you through using Coinbase as a Hot Wallet or Exchange (or both).
Coinbase Pro is currently unsupported as a Hot Wallet (Exchange only).
Confirm any 2FA challenge
DO NOT enable/use your “Vault”. Those transactions will fail (deliberate Coinbase design).
Be sure to enable your fiat wallet (i.e. "USD Wallet") as well as the relevant Coins.
The wallet name (e.g. “BTC Wallet”) is the “accountname” required in Step 4 “parameters”.
Copy & save the API Key and API Secret.
You'll only be shown this secret ONCE.
If you lose the secret, you'll have to create another API key.
Coinbase will restrict your keys for 48 hours!!!
The API will NOT work during these 48 hours, and all CAS tests using this API will FAIL.
Set the Rate Source to Coinbase.com
Use the same string for both BUY and SELL options (as applicable).
You may use the same Crypto Setting for both Hot Wallet & Exchange (recommended).
The Hot Wallet parameters for Coinbase.com is:
Account Name: the relevant Coinbase "wallet" (e.g. "BTC Wallet" from step 1)
The parameters should be in this format: apikey : secretkey : accountname
Entered in sequence, on one line, separated by a colon, it looks similar to this:
The Exchange parameters for Coinbase.com is:
Account Name: the relevant Coinbase "wallet" (e.g. "BTC Wallet”)
Fiat Currency: currently either USD, EUR, or GBP
Payment Method: the funding Coinbase "wallet" (e.g. "USD Wallet")
The available Payment Methods (set above in step 2c) can also be found and identified in your Coinbase API Key settings (only one permitted per Crypto Setting):
The parameters are in this format:
apikey : secretkey : accountname : fiatcurrency : paymentmethod
2ooAI3GGd61:gPu2W8bzEZ0VIS0kEZ:BTC Wallet:USD:USD Wallet
Test your settings before deploying them.
Save your setting first,
return to the same Crypto Setting,
run the test(s).
Coinbase will not allow you to buy on Coinbase Pro (Exchange) and send to the same Coinbase Hot Wallet. The transaction will FAIL. Do not test your live settings using the same Coinbase account!
Transactions at the BATM will fail if the amount is less than the Coinbase minimum (normally $20).