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Coinbase
Setting up the Coinbase API for receiving payments
Tokensoft provides support for Coinbase, this means that a customer that is setup with Coinbase can elect to receive their payments or proceeds directly into Coinbase. In order for this to work we need to be able to get read access to your Coinbase account so that we can request new deposit addresses and also to receive notifications as the payment status changes.
Setup
Prior to starting, please correspond with your Tokensoft Account Representative to retrieve your:
  • TOKENSOFT PROVIDED URI
  • TOKENSOFT PROVIDED IP ADDRESSES
These two pieces of information are necessary prior to continuing and will be provided to you securely by your Tokensoft Account Representative.
Create API Keys
In order to get setup, you'll need to generate an API key and provide it to Tokensoft so that we can gather the necessary information and notifications from your account. In order to get setup, you'll need to generate an API key. In order to do so, please do the following:
  • Login to your Coinbase account.
  • Click on the dropdown in the top right hand corner.
  • With the dropdown selected as shown below, click on settings.
  • From the settings page, click on API.
  • Once on the API page, please direct your attention to the bottom of the page under API Version and Notifications. Before proceeding, if you see the Upgrade button, please click on it to begin the upgrade process.
  • Once the upgrade process has been initiated, you will see a pop-up as shown below.
  • With the pop-up now open, please click OK as shown below.
  • Once you have clicked the OK button, please scroll to the bottom of the page to ensure you can see blue text where it previously said Upgrade, with the text You're up-to-date as shown below.
  • After ensuring that you API is upgraded, click on the New API Key button to generate a new API key.'
  • You will be prompted for your two-factor authentication method. Please carefully read the instructions you are shown. Then click Verify.
  • You'll see a pop-up that will ask for the accounts which you would like to activate on your New API Key, as shown below. Please correspond with your Tokensoft Account Representative to determine which assets are supported. In the example below we have BTC, ETH, USDC and USDT selected, all of which are currently supported payment methods. With knowledge of the assets that you'd like to receive payment in, please select all of the assets that you'd like to activate for payments.
  • Next place the following into the text boxes as shown below and click create:
    • TOKENSOFT PROVIDED URI
    • TOKENSOFT PROVIDED IP ADDR
  • You will be shown your API Key and API Secret. Please share these securely with your Tokensoft Account Representative as directed.
Last modified 5mo ago
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