This guide walks you through connecting Bitstamp to your Parfin account. This assumes that you already have a valid administrator account in Parfin and that you have a valid and verified Bitstamp account.
1. Preparing Parfin
As an administrator, log into your Parfin account, go to “Settings” > “Counterparties” and click “Connect Counterparty”
Select “Exchange” from the tabs, select “Bitstamp” from the dropdown
Give this connection a name (this name will show up across your account)
2. Creating Read-only keys
In a different tab, Log in to Bitstamp (www.bitstamp.net)
Go to “Security” > “Change password”, and copy “User ID”
Go back to the Parfin tab, and Paste it in the “Customer ID” input
Go back to the Bitstamp tab, and go to “Access control” > “API access”
Click on the “New API Key” button on the top right
Under Permissions only click the “Account balance” toggle
Scroll down, and click the “Enter 2FA & Submit” button
Enter your Bitstamp Two-factor Authentication
Back in the API Keys section, click the “Activate” button on the newly created API key
Click on the same row, click on the item in the "Key” column, and Copy the “API Key”
Go back to the Parfin tab, and Paste the key into the “API-Key” input
Go back to the Bitstamp tab, click on the item in the “Secret” column, and Copy the “API Secret”
Go back to the Parfin tab, and Paste the key into the “API-Secret” input
Check your email, and click on the “Activate API Key” button on the body of the email (login to Bitstamp in case it opens in a different browser)
3. Creating Transactional keys
Go to the back Bitstamp tab, Click on the “New API Key” button on the top right
Under Permissions, toggle all options on
Scroll down, and click the “Enter 2FA & Submit” button
Follow the same steps as the Read-only keys above and input information into the "Transactional Keys" section at Parfin
4. Finishing Up
Back in Parfin click on “Connect”. If any error is shown, check the keys you copied & pasted and if necessary repeat steps 2 and 3 above.
After a successful setup and a success message, you are able to see a correct balance on the Dashboard.
5. Remove Bitstamp withdrawal e-mail confirmations
To get a smooth experience in Parfin you will need to disable e-mail confirmations from Bitstamp, remembering that the governance stays in Parfin. Please follow the instructions.
Go back to Bitstamp, Go to “Security” > “Withdrawal confirmations”
Un-toggle “Request e-mail confirmation for…” for the desired assets
Open the email, and click on “Disable withdrawal confirmations” for all the desired assets (one asset per email)
6. OPTIONAL - Test Sending a Transaction
Go to the Parfin dashboard, click on “Create Transaction” and create a transaction to send money from your Coinbase Pro to your Parfin Internal Wallet. Do this for both BTC and ETH to make sure everything is working
Congratulations, your new connection to Bitstamp is completed!