In this article, we will show you how to create, configure, and connect your Kraken API key to the Bitsgap platform.
Bitsgap is a trading platform that allows you to work with numerous cryptocurrency exchanges from a unified interface with access to additional tools that are not available on the exchange.
All trading operations are created and processed by using an exchange API key which is unique for every user. An API key is a safe and reliable way to use a platform because it does not give access to your personal data and prevents any funds management (withdrawals & deposits).
1. Log in to Kraken
Log in to your Kraken account or create a new one.
2. Go to the API page
From your account Settings (top-right corner) navigate to the API page.
3. Create your first API key
On the API Key Management page, please click [Add Key].
4. Label your API key
Give your API key any name (it is your personal choice) so you can easily understand that this key is connected to your Bitsgap account.
5. Match API key permissions
Edit your permissions as in the example below. These permissions will allow us to read your history, current balance and process execute trades on your exchange account.
Here is the list of required permissions:
Query Funds on
Deposit Funds off
Withdrawal Funds off
Query Open Orders & Trades on
Query Close Orders & Trades on
Modify Orders on
Cancel/Close Orders on
Query Ledger Entries on
Export Data off
Access WebSockets API on
Key Expiration off
Query Start Date/Time off
Query End Date/Time off
When you are ready, click [Generate Key].
6. Copy your API key and Private key
Now your Kraken trading key is successfully created and ready to be connected to our platform! Please copy your API key and Private key somewhere safe before you add them to Bitsgap.
7. Go to Bitsgap > My Exchanges
Log in to your Bitsgap account and go to the My Exchanges page where you can find an option to connect your Kraken account. Click [Add Exchange].
8. Select Kraken exchange from the list
From the pop-up window, you need to select Kraken. This will open a window where you can add your API keys for the Kraken exchange
9. Enter your API key and Private key
Paste your Kraken API key and Private key and click [Connect]. Now your Kraken account has been successfully connected and you are all set!
Want to know more about the Bitsgap's bot? - Kraken trading bot