Build a Super Advanced Trading Bot on DYDX Hosted on AWS with Python - Create Security Group

This tutorial guides users through the process of accessing AWS, navigating the EC2 dashboard, creating a security group, configuring security rules, and launching an EC2 instance. It emphasizes the importance of security settings and provides step-by-step instructions for setting up an EC2 environment in AWS.

What is the first step to access the EC2 service in AWS?

• Select EC2 from the dashboard

• Navigate to the 'Compute' section

• Type 'EC2' in the search bar

• Click on the 'Services' menu and select EC2

What is the purpose of creating a security group in AWS?

• To control inbound and outbound traffic to instances

• To organize instances into groups

• To monitor instance performance

• To manage billing and costs

Which protocol is typically allowed for developers to access an EC2 instance?

• HTTP

• FTP

• SSH

• SMTP

What should be done to ensure only authorized users can access your EC2 instance?

• Allow all IPs without restrictions

• Use SSH keys and restrict AWS account access

• Share your AWS login credentials

• Disable all security groups

What is the default port used for SSH access in a security group?

• 8080

• 80

• 22

• 443