How to Connect to Kraken with API Keys

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Learn how to create and configure Kraken API keys for your Cryptohopper trading bot, plus troubleshooting tips.

Step-by-Step Guide to Creating Kraken API Keys

Follow these steps to generate API keys for Kraken:

  1. Log in to your Kraken account.
  2. Navigate to the API settings section.
  3. Generate new API keys with the required permissions.
  4. Copy the keys accurately into Cryptohopper's configuration.

Key Permissions Needed:

Common Issues and Solutions

Problem: Unable to see your Kraken exchange balance.
Solution:

๐Ÿ‘‰ Watch our Cryptohopper Academy video for detailed guidance

Advanced Troubleshooting

If Cryptohopper's onboarding process shows errors despite correct API keys:

  1. Verify you have funds in your Kraken account.
  2. Check if funds are in the trading account (not just funding account).
  3. Confirm your account is KYC-verified.
  4. Whitelist Cryptohopper's IPs in Kraken settings.

๐Ÿ‘‰ Check API keys later in Base Config

FAQ Section

Q: Why can't my bot sync with Kraken?
A: Typically due to incorrect permissions, IP restrictions, or empty accounts. Follow our troubleshooting steps above.

Q: How do I whitelist Cryptohopper's IPs?
A: Add Cryptohopper's server IPs in Kraken's API settings under "IP Access Restriction."

Q: What if I see 'Continue without testing'?
A: This appears when Kraken can't verify funds/KYC. You can still proceed and verify keys later.

Q: Are there rate limits?
A: Yes. Kraken imposes API call limits. Check their documentation for current limits.

Best Practices for API Security

  1. Use unique API keys per service.
  2. Restrict permissions to minimum required.
  3. Enable IP whitelisting.
  4. Rotate keys periodically.
  5. Never share keys publicly.

๐Ÿ‘‰ Learn more about secure API practices

Remember: API keys grant access to your funds. Treat them like passwords.