How to Create and Set Up Kraken Pro API key
This guide will walk you through creating, configuring, and connecting your Kraken Pro API key to Bitsgap. This process enables you to integrate your Kraken account with Bitsgap, allowing for seamless trading and portfolio management.
Overview:
How to Connect Kraken Spot to Bitsgap
1. Log in to Kraken Pro
Log in to your Kraken Pro account. If you don’t have an account, register for one on Kraken’s official website.
2. Navigate to the API Page
- Access the Settings section in the top-right corner of your account.
- Select the API tab to manage API keys.
3. Create a New API Key
- In the API section, click [Create API key].
4. Prepare for Connection to Bitsgap
- Log in to your Bitsgap account.
- Go to the My Exchanges page and click [Add new exchange].
- Copy Bitsgap’s trusted IP addresses displayed in the Kraken setup window. Save them securely for later use.
5. Set API Key Permissions
Configure the API permissions to ensure compatibility with Bitsgap. Enable the following permissions:
- Query: On
- Deposit: Off
- Withdrawal: Off
- Earn: Off
- Query Open Orders & Trades: On
- Query Closed Orders & Trades: On
- Create & Modify Orders: On
- Cancel & Close Orders: On
- Query Ledger Entries: On
- Export Data: Off
- WebSocket Interface: On
- IP Address Restriction: On (use the Bitsgap IP addresses copied earlier).
Additional settings:
- Key Expiration: Off
- Query Start/End Date: Off
- Custom Nonce Window: Off
Once configured, click [Generate Key].
6. Save Your API and Private Keys
- Copy the generated API key and Private key.
- Store them securely, as you will need them to connect to Bitsgap.
7. Connect Kraken Pro to Bitsgap
- Return to the Bitsgap My Exchanges page.
- In the pop-up window:
- Select Kraken from the exchange list.
- Paste your API key and Private key.
- Click [Connect].
8. Verify Connection
- Check the My Exchanges list.
- If connected successfully, Kraken will appear with the Connected status, displaying your trading balance.
How to Connect Kraken Futures to Bitsgap
1. Log in to Kraken Pro
Sign in to your Kraken Pro account. If you do not have an account yet, create a new one.
2. Navigate to the API Page
- Click the profile icon in the top-right corner.
- Select Settings.
3. Create a New API Key
- Open the Connections & API tab to manage your API keys.
- Under the Futures trading API section, click [Create API key].
4. Set API Key Permissions
Configure the API permissions as follows to ensure full compatibility with Bitsgap:
- General API: Full access
- Withdrawal API: No access
- IP Address Restrictions: Off
After setting the permissions, click [Generate Key].
5. Save Your API and Private Keys
Kraken will generate a Public (API) Key and a Private (Secret) Key. Copy both keys and store them securely. You will need them for the Bitsgap connection.
Note: For security reasons, Kraken will not show the Secret Key again.
6. Connect Kraken Futures to Bitsgap
- Log in to your Bitsgap account.
- Go to the My Exchanges page.
- Click [Add new exchange].
- Select Kraken Futures from the list.
- Paste your Public (API) Key and Private (Secret) Key into the corresponding fields.
- Click [Connect].
7. Verify the Connection
Open the My Exchanges list in Bitsgap. If the connection was successful:
- Kraken Futures will appear with a Connected status.
- Your available trading balance will be displayed.
Notes:
- Bots can be started on Kraken Futures only when using Cross Margin with leverage of 50x or higher.
- This mode is not available to users located in the European Union. Local restrictions may also apply depending on other countries and States.
What's Next?
- Launch Your First Bot: Explore how to automate your trading strategies with our easy-to-use bots.
- Manual Trading Guide: Learn to execute precise trades using Bitsgap’s advanced trading terminal.
Need Assistance?
If you encounter any issues or have questions, don’t hesitate to contact the Bitsgap Customer Support Team.