diff --git a/docs/configuration.md b/docs/configuration.md
index 3844f2812..e0dc43f5d 100644
--- a/docs/configuration.md
+++ b/docs/configuration.md
@@ -628,8 +628,8 @@ you run it in production mode.
 
 ### Setup your exchange account
 
-You will need to create API Keys (usually you get `key` and `secret`) from the Exchange website and you'll need to insert this into the appropriate fields in the configuration or when asked by the installation script.
-API Keys are usually only required for real / production trading, but are not required for paper-trading / dry-run.
+You will need to create API Keys (usually you get `key` and `secret`, some exchanges require an additional `password`) from the Exchange website and you'll need to insert this into the appropriate fields in the configuration or when asked by the `freqtrade new-config` command.
+API Keys are usually only required for live trading (trading for real money, bot running in "production mode", executing real orders on the exchange) and are not required for the bot running in dry-run (trade simulation) mode. When you setup the bot in dry-run mode, you may fill these fields with empty values.
 
 ### To switch your bot in production mode
 
@@ -654,12 +654,6 @@ API Keys are usually only required for real / production trading, but are not re
 
 You should also make sure to read the [Exchanges](exchanges.md) section of the documentation to be aware of potential configuration details specific to your exchange.
 
-### Setup your exchange account
-
-You will need to create API Keys (usually you get `key` and `secret`, some exchanges supply it with `password`) from the Exchange website and you'll need to insert this into the appropriate fields in the configuration or when asked by the installation script.
-API Keys are usually only required for live trade (trading for real money, bot running in the "production mode", executing real orders on the exchange) and are not required for the bot running in the dry-run (trade simulation) mode. When you setup the bot in the dry-run mode, you may fill these fields with empty values.
-
-
 ### Using proxy with Freqtrade
 
 To use a proxy with freqtrade, add the kwarg `"aiohttp_trust_env"=true` to the `"ccxt_async_kwargs"` dict in the exchange section of the configuration.