Setting up Cryptowatch
Extensibility and Community
API

How to trade on Bitstamp

Use this guide to connect your Bitstamp account to Cryptowatch and start trading.

If you have accounts on multiple exchanges, you can connect and manage them all on Cryptowatch.

You can connect your exchange accounts by generating API keys on the exchange site, then plugging those keys into Cryptowatch’s Exchange Keys page. See this article for some tips on API key security, if you haven’t already.

Cryptowatch is a one-in-all platform for traders. You can trade directly on the charts, customize powerful indicators and overlays, and manage your multi-exchange portfolio. Our alerts system lets you set SMS or email alerts for price and volume directly on the charts.

Connect your Bitstamp Account

You will need an account at Bitstamp first. Then we'll connect that account to Cryptowatch.

In Cryptowatch, click the My Account button in the top-right corner, then select Exchange Keys from the menu:

The Exchange-Keys page is where you can plug in API keys from trading- and portfolio-enabled exchanges into Cryptowatch:

Click the “Generate key here” link inside the Bitstamp square.

If you are already logged in to Bitstamp, this will open their API Access page in a new window. Otherwise, a new Bitstamp sign-in window will open. Enter your Bitstamp credentials to continue.

Choose the required permissions on the API Access page on Bitstamp.

Cryptowatch only requires view and trade permissions from your Bitstamp account. We strongly recommend against allowing deposit and withdrawal permissions. Read here for more information on API security.

The IP address filter and token withdrawal address filters are not necessary to include. Only the options under General Permissions and Orders need to be selected, excluding Withdrawal requests :

These permissions are required for the trading and portfolio functions on Cryptowatch.

Once your API Access permissions look like the image above, click the green “Enter 2FA & Submit” button. You will be prompted to enter 2-Step Verification code — enter the 6 digit authenticator code to continue.

Now Bitstamp will direct you to a list of your existing API keys:

Your keys won't look so pixel-y.

We do NOT recommend backing up or storing your secret keys. If you need to reconnect Cryptowatch to an exchange for any reason, generate a new key from your exchange.

Copy your Key and Secret Key and paste them into the Bitstamp API fields on Cryptowatch.

It's important to do this step now — if you activate your API key first, Bitstamp will hide the secret key from you. Double-click the API key (the leftmost string of letters and numbers) to copy it, then paste it into the field labeled API Key on Cryptowatch:

Cryptowatch does not pixelate your keys.

Next, double-click the Secret key on Bitstamp’s API Access page to copy it. Paste the Secret Key into the API Secret field on Cryptowatch:

Activate your API key and click the activation link sent to your email address.

Bitstamp will send a verification link to the email associated with your Bitstamp account. Click the link and once again enter a 2FA authenticator code when prompted.

If you enter your Customer ID before activating the API Key on Bitstamp, Cryptowatch’s connection will fail and read “Unhandled error”.

To resolve this, activate the API Key and re-enter your Customer ID to re-attempt the connection.

Enter your customer ID into the top, final field.

If you know your Bitstamp Customer ID, awesome. Copy/paste or type it into the Customer ID field. If you don’t know your Customer ID, you can find it on the Security > Change Password page:

Bitstamp's navigation menu

This page will display your Customer ID and email. Copy the ID and paste it into Cryptowatch, in the Customer ID field.

Cryptowatch will automatically connect to your Bitstamp account when you paste your Customer ID into the Bitstamp Exchange Key box. Once connected, the Bitstamp box will change color and no longer show the 3 API key input fields:

Success! Now you can place and cancel orders and manage your Bitstamp portfolio on Cryptowatch. If you’re new to Cryptowatch, try following the New User Guide to get acquainted with the interface.

If you received an Invalid Key, Unprivileged Key, Key Not Exclusive, or Unhandled error, visit the How to connect exchange accounts to Cryptowatch article for troubleshooting tips.

Bitstamp on Cryptowatch

Bitstamp traders can use Cryptowatch’s advanced charts to trade and perform technical analysis as well as track their funds alongside any other exchange accounts on the Portfolio page. For a quick overview of these features, scroll down to the Trade on Bitstamp and Bitstamp Portfolio sections.

Check out these articles to learn more about trading and analysis on the Charts page:

These articles demonstrate the Portfolio page:

Cryptowatch’s alerts function is a favorite among traders as well. Check out these articles to learn how to set alerts for price, volume, and order fills:

Bitstamp Markets

Now you can submit and cancel orders to any Bitstamp market from the Cryptowatch terminal.

One way to get started is to visit the Markets page and filter the list by exchange. Click the Exchanges drop-down list on the left and select Bitstamp. You can use the search bar to find Bitstamp as well.

Now you will only see markets available on Bitstamp. If you want to view markets for a specific asset, use the Asset’s drop-down list to narrow the results down further. Selecting any market here will open that market in the trading terminal.

You can select multiple assets on the Markets page to quickly compare markets

Trading on Bitstamp

Cryptowatch offers a lot of tools that can enhance your trading on Bitstamp:

After selecting a market from the filtered Markets list you will be taken to the Charts page. This is the trading terminal where you can perform analysis and submit trades:

This is the Blueprint theme, found in the settings menu in the top-right.

On the right side of the page is the trading form. This is where you’ll enter the details of your trade, like direction, order type, price and volume. The trading form varies based on the options available on the current exchange. If you don't see the form, it is most likely hidden. Click the vertical bar on the right hand side of your screen to expand it.

Section

Description

Action

Choose whether you are buying or selling

Type

Drop-down menu for selecting an order type

Leverage

If the exchange offers margin trading for the current market, this section will appear in the trading form

Funds

Shows your available funds for performing whichever action is selected (Buy or Sell)

Quantity

Enter the total quantity or volume of your order here

Price

This option is available for Limit, Take Profit and Stop Loss orders. Input the price you want the order to trigger at

Total

This is the total value of your trade order, a product of quantity and price

For an in-depth guide on submitting trades, check out the How to trade on Cryptowatch page.

On the price chart in the image above you can see Bollinger bands surrounding the candlesticks in the price chart, indicating volatility. Three SMA (Simple Moving Average Lines) cross the candles as well, tightened up to cross-over during shorter moves.

Below the price chart are a few indicator tools. From top to bottom:

  • Volume

  • MACD (Moving Average Convergence Divergence)

  • RSI (Relative Strength Index)

  • Aroon Oscillator

You can use any combination of indicators, drawing tools and overlays to help you analyze and predict trends.

For an in-depth guide on submitting trades, check out the How to Trade page.

Bitstamp Portfolio

Go to the Portfolio page to see how your orders, positions and crypto holdings are performing across all connected exchanges. You can sort your portfolio by exchange if you want to isolate your Bitstamp activity, or by asset to see how your holdings are doing.

For a closer look at the Portfolio page and the tools within, check out these articles: