How to Check Your OKX Account Balance Using API (Beginner-Friendly AI-Assisted Guide)

Prerequisites

  1. Python 3.13
  2. VSCode with Python extension

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Method 1: Manual Signature Approach

1. Setting Up the Development Environment

  • Install required libraries:
    bash
    pip3 install requests
  • Verify installation:
    bash
    python3 -c "import requests; print(requests.__version__)"

2. Obtaining OKX API Keys

  1. Log in to OKX โ†’ Profile โ†’ API โ†’ Create API Key
  2. Set permissions: “Read Account Information”
  3. Note your:
  4. API Key
  5. Secret Key
  6. Passphrase

3. Creating the Python Script

  1. Create a file okx_balance.py
  2. Insert the following code (replace placeholder credentials):

“`python
import requests
import time
import hashlib
import hmac
import base64

API configuration

API_KEY = “your_api_key”
SECRET_KEY = “your_secret_key”
PASSPHRASE = “your_passphrase”
“`

๐Ÿ‘‰ Learn advanced API techniques on OKX’s developer portal


Common Issues & Solutions (Manual Method)

Error Code Cause Solution
50101 Incorrect API credentials Verify key permissions and character cases
50113 Connection failure Test connectivity to OKX’s public endpoints first
50114 Invalid timestamp Sync local clock with OKX server time

Method 2: Python SDK Approach

1. Installation

bash
pip3 install okx

2. Modified Working Code

“`python
from okx.app.account import AccountSPOT # Critical import modification

def get_balance():
config = {
‘api_key’: ‘your_key’,
‘secret_key’: ‘your_secret’,
‘passphrase’: ‘your_phrase’
}
account = AccountSPOT(**config)
return account.get_balances()
“`


SDK Troubleshooting

Issue: Rust Compilation Errors

  1. Install Rust:
    bash
    curl --proto '=https' --tlsv1.2 -sSf https://sh.rustup.rs | sh
  2. Restart terminal and reinstall SDK

FAQ Section

Q: Which method is better for beginners?
A: The SDK approach requires fewer cryptographic steps but may need Rust installation.

Q: How often can I call the balance API?
A: OKX rate limits apply – typically 20 requests per 2 seconds.

Q: Is my API key exposed in the script?
A: Never hardcode keys in production. Use environment variables instead.

Q: Why does my timestamp keep failing?
A: OKX requires UTC timestamps with โ‰ค30s deviation. Consider NTP synchronization.

Q: Can I use this for trading automation?
A: Yes, but you’ll need additional “Trade” permissions in your API key.

Q: Where can I find complete API documentation?
๐Ÿ‘‰ Explore OKX’s full API docs here


Key Takeaways

  1. Always secure your API credentials
  2. Prefer the SDK method for maintainability
  3. Monitor API rate limits
  4. Regularly update dependencies
  5. Test with small requests before production use

This guide covers essential techniques for integrating OKX’s API with Python while addressing common pain points developers encounter. For enterprise-grade implementations, consider additional error handling and logging.