Kraken is one of the longest-standing crypto exchanges, a reference in the US and Europe. From today TraderWAI connects to Kraken spot in beta, on every plan, including Free.
What your AI can do on Kraken
- Read your account: the value of what you hold, your free cash and the coins in your account.
- Analyse before acting: charts and candles, and Kraken's live price for each pair.
- Buy with protection: market, limit or breakout (stop) buys with the stop loss placed at Kraken, attached to the purchase.
- Manage what you hold: move the stop, sell all or part of a coin, and cancel pending orders.
- Track results: your Kraken fills with their fees, in your dashboard and per AI.
Every order waits for your authorization, unless you turn on auto-execution for that symbol. Your risk limits apply to every order, whichever AI sends it.
How to connect it
In Kraken, go to Settings → Connections & API → Spot trading API → Create API key and give it only these permissions:
- Query funds, query open and closed orders;
- Create & modify orders and Cancel & close orders.
Never give it deposit or withdrawal permissions. Generate it and copy the API key and the private key (Kraken shows the private key only once).
Then, in the TraderWAI dashboard, go to Settings → Broker accounts → Add account → Kraken and paste both.
Good to know
- Live accounts only: Kraken has no demo for spot, so you connect your real account. You can start with a small balance.
- Spot, no shorts: your AI buys and later sells what you hold. Each purchase is paid up front with your free cash.
- One exit per coin: Kraken spot keeps a single exit order per holding. With a stop loss and a take profit, TraderWAI places the stop loss at Kraken and your AI sets the take profit as a conditional exit order.
- Minimums: about 0.5 USD or EUR per order, plus a minimum size per pair (for example 0.00006 BTC). Your AI checks it before sending.
Why beta
We tested it against Kraken's real API: login, balances, more than 1,300 pairs, live prices, and market, limit and stop orders with their stop loss validated by Kraken. It is new, so we call it beta while more traders use it. If anything does not work as expected, tell us and we will fix it.
Some requests to start
- «What do I hold on Kraken and how much free cash do I have?»
- «Look at Bitcoin on H4 and mark the key levels on the chart.»
- «Buy 50 USD of Ethereum at market with a stop 8% below.»
- «Move the stop of my Bitcoin to break-even.»
Trading involves risk. TraderWAI is a tool, not investment advice.