Kraken

Kraken offers a feature-rich crypto trading platform with account types covering everything from individual enthusiasts to large trading firms.

Invalid Nonce

When creating your API key and API secret, please be sure to set your Custom nonce window to at least 20000 ms to avoid an invalid nonce error.

Contact Information

Email: [email protected]

Phone: +1 (888) 837-8818

Supported Asset Classes

  • Crypto

Automate spot crypto on Kraken, and set the nonce window first

The one Kraken detail that trips people up is a setting on the API key itself. Get that right and the rest is a normal signal-to-exchange webhook workflow for spot crypto.

Position limits count each pair

If you set a maximum on strategy positions, crypto limits are per pair. Enter the full pair, not the bare BTC, when you create a limit.

Pairs counted separately

  • BTC-USD Counted Its own count
  • BTC-USDT Counted Counted separately from BTC-USD

Compare the crypto page for the other connections that accept spot crypto.

What Kraken supports

Order types and features by asset class, as TradersPost sends them to Kraken.

What Kraken supports
Capability Crypto Long only
Order types
Market orders Yes
Limit orders Yes
Stop orders Yes
Stop-limit orders Yes
Trailing stops No
Time in force
Day No
Good till canceled Yes
Immediate or cancel Yes
Fill or kill No
At the open No
At the close No
Attached exits
Bracket orders No
OCO orders No
OTO orders No
Trailing stop attached No
Direction and size
Short selling No
Fractional quantity Yes
  • Take profit and stop loss cannot be attached to the entry. Send them as separate signals after the entry.

Kraken: 5 things that work differently

  • Setup Kraken connects with an API key, not a login

    Create the key in Kraken, copy it, and paste it into TradersPost. The steps are above.

  • Orders Exits are separate signals

    Kraken takes simple orders only, so take profit and stop loss cannot be attached to the entry. Send the entry first, then send a separate signal later to exit for take profit or stop loss.

    Order classes (opens in a new tab)
  • Orders No trailing stops

    Kraken does not offer trailing stop orders.

  • Orders Exits close in your default quote currency

    Kraken closes and exits a position in your default quote currency, USD unless you change it in the connection settings.

  • Account No paper trading

    Kraken has no paper mode on TradersPost. Rehearse a strategy on the TradersPost paper broker first, or start with small live sizes.