Tradoflow

How to Set Up Kraken Futures Paper Trading

This guide walks you through setting up a demo Kraken Futures account and connecting it to Tradoflow in paper mode for testing your strategies.

Step 1: Sign Up for a Kraken Futures Demo Account

  • Visit the Kraken Futures Demo website.
  • If you don't already have an account, click on the "Sign Up" button and follow the prompts to create a demo account.

Step 2: Create API Keys for Your Demo 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 Paper Mode

  • Open Tradoflow and navigate to the Connections section.
  • Click on Create Connection and select Kraken Futures from the list of available exchanges.
  • Choose Paper mode, which simulates trading with demo funds instead of real money.
  • 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 Paper Mode? - Paper mode allows you to test your strategies in a risk-free environment using simulated trading. It's ideal for refining your strategies before deploying them with real funds.
  • Key Permissions - Ensure that your API key has Full Access to the General API but No Access to withdrawals to prevent any unintended fund movements during testing.
  • Troubleshooting - If you encounter issues connecting your Kraken Futures demo account to Tradoflow, double-check your API key settings and ensure that you are using the correct keys for the demo environment.

By following these steps, you'll be able to set up and test your Kraken Futures integration in Tradoflow using paper mode, allowing you to validate your strategies without financial risk.