Kraken – Create an API key – Cryptotrader.online

Back to step 1: Registration with Kraken

Step 2: Create API key at Kraken

In order for Cryptotrader.online to trade on your behalf, we need a so-called API key. You can create these yourself in Kraken and it works as follows:

Go to Kraken Pro (click on the 9 dots at the top right of the screen)

Go to Settings

Go to API settings and create a new API key

Choose the following settings for your API key. It is important to only enable the permissions below (2 and 3). The rest of the settings can simply be left at the default value. If you have filled in everything correctly, you can click on the “Generate Key” button

You will now see the following screen. Copy the API key and Private key to a simple text editor such as Notepad. Do NOT close this screen until you are sure that the API key and Private key have been copied correctly. The API key and Private key are only shown once and can no longer be retrieved. You will need this API key and Private key later when registering.

Tip: Use a simple text editor (Windows: Notepad, MacOS: TextEditor) to copy / paste the API key / Private key and NOT Microsoft Word. This can change the key due to its automatic formatting, making the key no longer valid.

Now you can click on “Close” to close the screen. You will then see the new API key in an overview.
Now proceed to step 3: Transfer money to Kraken Exchange