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NOTE: Kraken requires "whitelisting" of wallets in their setup, which makes them unusable for these BUY strategies: 1 - coins cannot be sent directly to the customer! 3 - the fallback option is strategy #1 - which, as noted, won't work. 5 - coins cannot be sent directly to the customer! Strategies 2 and 4 require you to send coin to the Hot Wallet - which CAN be whitelisted. You must add it as a permitted withdraw key (read below). |
You must maintain funding in Kraken to use them in a BUY strategy!
Configuring the Kraken exchange in CAS:
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1. Login to your Kraken account at https://www.kraken.com
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2. Navigate to:
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“Security", then "API”:
Click here to navigate directly to the Kraken page, or:
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3. Create a new API Key:
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4. Create an API name, and enable all privileges:
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5. Save the newly generated API keys:
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Save them somewhere private & secure - they permit full access to your Kraken account! |
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Your wallet MAY need to be funded for these keys to work as expected. |
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6. Navigate to Funding:
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Account balances.
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7. Create a Withdrawal address (a whitelist address):
The Withdrawal address must be known & set in advance, which is the key reason that Kraken is unsuitable for BUY strategies that send coin directly to your customer. There’s no way you could know your customer’s wallet address in advance, so you must use a Hot Wallet when working with Kraken for BUYs.
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Save the Withdraw whitelist address.
Enter "Description" as the "withdrawkey" parameter for your Kraken Exchange.
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