How to Generate Your Own OpenAI API Key and Add Credits?

Access OpenAI's powerful AI models with your own API key! This guide provides a step-by-step walkthrough for generating an OpenAI API key in 2024. We'll cover project creation, phone verification (for new users), key generation, adding credits, and setting optional cost limits.

Getting Started: This guide assumes you're new to OpenAI API keys.

Steps to Generate Your API Key:

1. Access the OpenAI Platform: Visit https://www.php.cn/link/b71db38e48ca853f430c67bc977de38d and log in or sign up. New users will need to provide an organization name (you can use a placeholder) and birthdate.

2. Create a Project: Click "Default project" (top-left) and select "Create project." Give your project a descriptive name. Use one project for multiple keys within a single application; create separate projects for different environments or billing needs.

3. Phone Verification (New Users): New users must verify their phone number. Go to "API Keys" under the "Dashboard" tab, click "Start Verification," and enter the verification code.

4. Generate Your API Key: In the "API Keys" section, click "Create new secret key." Give your key a name (optional but recommended) and select the project. Choose between a Personal or Service Account key (see documentation for details).

5. Save Your API Key Immediately! The key is displayed only once. Losing it requires generating a new one.

6. Add Funds: Before using your key, add credits to your account. Navigate to "Billing" under "Settings," add your payment information, and purchase credit.

7. Set Cost Limits (Optional): Control spending by setting cost limits at the organization or project level in the "Settings" section. You can also manage model access and rate limits here.

Key Considerations:

• Cost limits apply at the project level, not individual keys.
• Projects can be archived (deactivating keys), but not deleted.

Conclusion:

Generating and managing your OpenAI API key is simple. Remember to save your key securely and manage your project settings for optimal control and cost management. Explore the provided links for model details, pricing, and rate limits.

Frequently Asked Questions:

• Q1: What is an OpenAI API key? A: A unique identifier for accessing OpenAI's AI services.
• Q2: Is phone verification required? A: Yes, for new users.
• Q3: Can I create multiple keys? A: Yes, within different projects.
• Q4: What if I lose my key? A: Generate a new one.
• Q5: How do I add credits? A: Through the Billing section in Settings.

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