Kraken

Kraken Trading Bot

The Kraken trading bot is a bot that helps you trade on the Kraken crypto exchange. The bot can automatically place orders for you based on your desired parameters. For example, you can tell the bot to buy or sell when the price reaches a certain level. You can also set stop-loss and take-profit orders to limit your losses or lock in profits.

Designed with a user-friendly interface, this bot is easy to set up and ideal for both beginners and experienced traders.

What is Kraken

The San Francisco-based Kraken exchange was founded in 2011. According to CoinMarketCap, it has the 10th highest 24h trading volume and is said to be the largest crypto exchange in terms of Euro volume and liquidity.

Kraken users can buy, sell and trade bitcoin against Canadian Dollars, British Pounds, Euros, US Dollars and Japanese Yen.

Though Kraken is suitable for any experience level, the integration of functionalities such as margin trading and other advanced trading features have a lot to offer for crypto-veterans.

Depending on the level of identity verification chosen by the account holder (e.g. phone number, physical address, identity documents, proof of residence), users subscribe to one of five tiers (Tier 0-4). The higher tiers allow for fiat currency funding and significantly higher funding limits.

With respect to fees, Kraken is considered to have comparatively low transaction fees. These fees are calculated based on a trade’s quote currency volume and charged per trade. You can find more information on Kraken exchange fees in the side bar.

What is Cryptohopper

Cryptohopper is the leading automated trading bot that can scan and trade crypto 24/7. With multiple features like automated trading, portfolio management, and copy trading, Cryptohopper is the complete package for beginner and advanced traders.

By connecting your Cryptohopper to Kraken, you can maximize your trading efficiency and take advantage of the best Kraken trading bot features. Check out our step-by-step tutorial for seamless integration.

Why Choose Cryptohopper for Kraken Bot Trading?

With Cryptohopper, you gain access to:

• Automated 24/7 trading
• AI-driven analytics for smarter decision-making
• Beginner-friendly and advanced tools.

Whether you’re new to crypto trading or looking for a professional edge, Cryptohopper’s integration with Kraken offers a seamless and efficient solution for auto trading in the crypto market.

Ready to Supercharge Your Crypto Trading?

Frequently asked questions

How to use trading bot on Kraken

The Kraken crypto trading bot is easy to use and beginner friendly. Follow our documentation for a detailed walk through of the dashboard and settings.

How to create a trading bot for Kraken

Creating a Kraken trading bot with Cryptohopper is easy. Follow our tutorials on building your trading bot and start trading now.

Is the Kraken trading bot free?

Cryptohopper offers a free 3-day trial. Explore additional subscription packages on our pricing page.

Kraken trading fees

You can find the Kraken trading fees on their website.