How to Set Up Kraken Futures Live Trading
This guide walks you through setting up a Kraken Futures account and connecting it to Tradoflow in live trading mode for executing your strategies with real funds.
Step 1: Sign Up for a Kraken Futures Account
- Visit the Kraken Futures website.
- If you don't already have an account, click on the "Sign Up" button and follow the prompts to create a live trading account.
- Complete the necessary KYC (Know Your Customer) verification process to enable live trading.
Step 2: Create API Keys for Your Live Account
- Once logged in, click on the profile icon in the top right corner of the screen.
- From the dropdown menu, select Settings.
- In the settings menu, click on API Keys.
- Click on the Create API Key button.
- When creating your API key, configure the following permissions:
- General API: Set to Full Access.
- Withdrawal API: Set to No Access
- Copy the Public Key and Private Key provided by Kraken. You will need these keys later to connect to Tradoflow.
Step 3: Connect to Tradoflow in Live Trading Mode
- Open Tradoflow and navigate to the Connections section.
- Click on Create Connection and select Kraken Futures from the list of available exchanges.
- Choose Live mode to execute real trades with your funds.
- Paste the Public Key from Kraken into the API Key field in Tradoflow.
- Paste the Private Key into the API Secret field.
- Save your connection settings.
Additional Notes
- Why Live Mode? - Live mode allows you to execute your strategies with real money on the market. It's essential for moving from simulation to actual trading.
- Key Permissions - Ensure that your API key has the necessary permissions for your trading activities. Be especially cautious with Withdrawal permissions, as these control fund movements.
- Troubleshooting - If you encounter issues connecting your Kraken Futures account to Tradoflow, double-check your API key settings and ensure that you are using the correct keys for live trading.
By following these steps, you'll be able to set up and test your Kraken Futures integration in Tradoflow using live mode, allowing you to execute your strategies with real funds in the market.