diff --git a/freqtrade/configuration/__init__.py b/freqtrade/configuration/__init__.py
index ac59421a7..63c38d8c5 100644
--- a/freqtrade/configuration/__init__.py
+++ b/freqtrade/configuration/__init__.py
@@ -1,4 +1,5 @@
 from freqtrade.configuration.arguments import Arguments  # noqa: F401
+from freqtrade.configuration.check_exchange import check_exchange, remove_credentials  # noqa: F401
 from freqtrade.configuration.timerange import TimeRange  # noqa: F401
 from freqtrade.configuration.configuration import Configuration  # noqa: F401
 from freqtrade.configuration.config_validation import validate_config_consistency  # noqa: F401
diff --git a/freqtrade/configuration/check_exchange.py b/freqtrade/configuration/check_exchange.py
index 9e7ce70a9..c739de692 100644
--- a/freqtrade/configuration/check_exchange.py
+++ b/freqtrade/configuration/check_exchange.py
@@ -10,6 +10,19 @@ from freqtrade.state import RunMode
 logger = logging.getLogger(__name__)
 
 
+def remove_credentials(config: Dict[str, Any]):
+    """
+    Removes exchange keys from the configuration and specifies dry-run
+    Used for backtesting / hyperopt / edge and utils.
+    Modifies the input dict!
+    """
+    config['exchange']['key'] = ''
+    config['exchange']['secret'] = ''
+    config['exchange']['password'] = ''
+    config['exchange']['uid'] = ''
+    config['dry_run'] = True
+
+
 def check_exchange(config: Dict[str, Any], check_for_bad: bool = True) -> bool:
     """
     Check if the exchange name in the config file is supported by Freqtrade
diff --git a/freqtrade/optimize/backtesting.py b/freqtrade/optimize/backtesting.py
index 076857e62..ee3a135d2 100644
--- a/freqtrade/optimize/backtesting.py
+++ b/freqtrade/optimize/backtesting.py
@@ -10,9 +10,10 @@ from pathlib import Path
 from typing import Any, Dict, List, NamedTuple, Optional
 
 from pandas import DataFrame
+from tabulate import tabulate
 
 from freqtrade import OperationalException
-from freqtrade.configuration import TimeRange
+from freqtrade.configuration import TimeRange, remove_credentials
 from freqtrade.data import history
 from freqtrade.data.dataprovider import DataProvider
 from freqtrade.exchange import timeframe_to_minutes, timeframe_to_seconds
@@ -21,7 +22,6 @@ from freqtrade.persistence import Trade
 from freqtrade.resolvers import ExchangeResolver, StrategyResolver
 from freqtrade.state import RunMode
 from freqtrade.strategy.interface import IStrategy, SellType
-from tabulate import tabulate
 
 logger = logging.getLogger(__name__)
 
@@ -57,11 +57,7 @@ class Backtesting:
         self.config = config
 
         # Reset keys for backtesting
-        self.config['exchange']['key'] = ''
-        self.config['exchange']['secret'] = ''
-        self.config['exchange']['password'] = ''
-        self.config['exchange']['uid'] = ''
-        self.config['dry_run'] = True
+        remove_credentials(self.config)
         self.strategylist: List[IStrategy] = []
         self.exchange = ExchangeResolver(self.config['exchange']['name'], self.config).exchange
 
diff --git a/freqtrade/optimize/edge_cli.py b/freqtrade/optimize/edge_cli.py
index 1ba6bcc65..5a4543884 100644
--- a/freqtrade/optimize/edge_cli.py
+++ b/freqtrade/optimize/edge_cli.py
@@ -4,12 +4,13 @@
 This module contains the edge backtesting interface
 """
 import logging
-from typing import Dict, Any
-from tabulate import tabulate
-from freqtrade import constants
-from freqtrade.edge import Edge
+from typing import Any, Dict
 
-from freqtrade.configuration import TimeRange
+from tabulate import tabulate
+
+from freqtrade import constants
+from freqtrade.configuration import TimeRange, remove_credentials
+from freqtrade.edge import Edge
 from freqtrade.exchange import Exchange
 from freqtrade.resolvers import StrategyResolver
 
@@ -29,12 +30,8 @@ class EdgeCli:
         self.config = config
 
         # Reset keys for edge
-        self.config['exchange']['key'] = ''
-        self.config['exchange']['secret'] = ''
-        self.config['exchange']['password'] = ''
-        self.config['exchange']['uid'] = ''
+        remove_credentials(self.config)
         self.config['stake_amount'] = constants.UNLIMITED_STAKE_AMOUNT
-        self.config['dry_run'] = True
         self.exchange = Exchange(self.config)
         self.strategy = StrategyResolver(self.config).strategy
 
diff --git a/freqtrade/utils.py b/freqtrade/utils.py
index 630de0f5a..03cf7dabf 100644
--- a/freqtrade/utils.py
+++ b/freqtrade/utils.py
@@ -10,7 +10,7 @@ import rapidjson
 from tabulate import tabulate
 
 from freqtrade import OperationalException
-from freqtrade.configuration import Configuration, TimeRange
+from freqtrade.configuration import Configuration, TimeRange, remove_credentials
 from freqtrade.configuration.directory_operations import create_userdata_dir
 from freqtrade.data.history import (convert_trades_to_ohlcv,
                                     refresh_backtest_ohlcv_data,
@@ -33,10 +33,8 @@ def setup_utils_configuration(args: Dict[str, Any], method: RunMode) -> Dict[str
     configuration = Configuration(args, method)
     config = configuration.get_config()
 
-    config['exchange']['dry_run'] = True
     # Ensure we do not use Exchange credentials
-    config['exchange']['key'] = ''
-    config['exchange']['secret'] = ''
+    remove_credentials(config)
 
     return config
 
diff --git a/tests/test_configuration.py b/tests/test_configuration.py
index 6cb6ca758..d27cd92f4 100644
--- a/tests/test_configuration.py
+++ b/tests/test_configuration.py
@@ -10,13 +10,13 @@ import pytest
 from jsonschema import Draft4Validator, ValidationError, validate
 
 from freqtrade import OperationalException, constants
-from freqtrade.configuration import (Arguments, Configuration,
+from freqtrade.configuration import (Arguments, Configuration, check_exchange,
+                                     remove_credentials,
                                      validate_config_consistency)
-from freqtrade.configuration.check_exchange import check_exchange
 from freqtrade.configuration.config_validation import validate_config_schema
-from freqtrade.configuration.deprecated_settings import (check_conflicting_settings,
-                                                         process_deprecated_setting,
-                                                         process_temporary_deprecated_settings)
+from freqtrade.configuration.deprecated_settings import (
+    check_conflicting_settings, process_deprecated_setting,
+    process_temporary_deprecated_settings)
 from freqtrade.configuration.directory_operations import (create_datadir,
                                                           create_userdata_dir)
 from freqtrade.configuration.load_config import load_config_file
@@ -551,6 +551,18 @@ def test_check_exchange(default_conf, caplog) -> None:
         check_exchange(default_conf)
 
 
+def test_remove_credentials(default_conf, caplog) -> None:
+    conf = deepcopy(default_conf)
+    conf['dry_run'] = False
+    remove_credentials(conf)
+
+    assert conf['dry_run'] is True
+    assert conf['exchange']['key'] == ''
+    assert conf['exchange']['secret'] == ''
+    assert conf['exchange']['password'] == ''
+    assert conf['exchange']['uid'] == ''
+
+
 def test_cli_verbose_with_params(default_conf, mocker, caplog) -> None:
     patched_configuration_load_config_file(mocker, default_conf)
 
diff --git a/tests/test_utils.py b/tests/test_utils.py
index 7d6b82809..474a842d0 100644
--- a/tests/test_utils.py
+++ b/tests/test_utils.py
@@ -19,7 +19,7 @@ def test_setup_utils_configuration():
 
     config = setup_utils_configuration(get_args(args), RunMode.OTHER)
     assert "exchange" in config
-    assert config['exchange']['dry_run'] is True
+    assert config['dry_run'] is True
     assert config['exchange']['key'] == ''
     assert config['exchange']['secret'] == ''