To allow your bot to interact with Kraken, you will need to create API Keys. These keys act as a connection between Cryptohopper and the exchange, enabling your bot to perform tasks such as placing automated orders and accessing your balance for its calculations. Essentially, the API Keys serve as a way for your bot to communicate with the exchange and execute the actions necessary for automated trading.
Important: there are 2 accounts on Kraken. The instruction you need depends on the account you have. If you have Kraken Pro you need the other instruction. To check if you have Kraken Pro log in to your account. When you see Kraken Pro in the upper left corner you need the other instruction called How to connect to Kraken Pro.
When you don’t see this you have the other account on Kraken. You can check this when you log in to your account. When you see the Kraken logo shown below you’re in the correct instruction
Step one
If you haven't already, go to Kraken's website and create an account.
Step two
Click on the profile icon in the upper right corner of your account. Click “Security”.
Scroll to the end of the page until you see API Keys. Click “Create API key”.
You get a pop-up that you can only create your API key in the Pro version of the website. Click “Go to Kraken Pro”. You will be redirected to Kraken Pro.
Step three
Click “Create API key”.
Now you see all the settings for your API key. First name your API key. For the permissions you need to select everything except for “Withdraw”. WebSocket interface needs to be on.
The last setting you need is “Custom nonce window”. Set it on and set the value at 10000.
Click “Generate key”. If needed verify yourself with 2FA.
Step four
Copy the API Keys shown on Kraken and paste them into Cryptohopper under Exchange in the Base config. Don’t save the API Key yet on Cryptohopper, and save the API Key on Kraken.
Step five
Create a second API Key by following the steps mentioned in steps 3 and 4 and click on Save in your Kraken and Cryptohopper account. Allow a moment for the bot to link everything together, and your balance should become visible.
Unable to see exchange balance
If you are unable to see your exchange balance, there may be a few issues preventing your bot from synchronizing with your exchange. One common cause is "auto-fill" being enabled in your browser. To fix this, you can try disabling auto-fill, using incognito mode, using a different browser, or disabling your password manager. For more information, you can watch our Cryptohopper Academy video on this subject or check our troubleshooting article.
Kraken minimum trade amounts
Click here to check the minimum trade amounts on Kraken.
Kraken status
Do you experience issues with trading on Kraken? Click here to check Kraken's exchange status.
Geographic restrictions
You can't trade all trading pairs depending on your geographic region. Click here for more details about Kraken's restricted markets.