Documentation

 

Learn about how you can create, link and use your hopper account with Kraken

In this tutorial, we are going to explain how to create an account at Kraken, how to deposit funds and how to give your Hopper the API keys allowing it trade on your behalf.

Ready? Let’s go.


Create an account at Kraken.com

First, we’re going to create an account at Kraken.com

Once you have signed up, you’ll receive an email with an activation link. Click the link and your account will be activated. You are a now a Proud Kraken customer.

That was easy right? So, is the rest!

kraken-landing-page

Get verified

You have to verify yourself. This is the exchange's effort to prevent money laundering.

Go to "Get Verified". You will need a "tier 2" account, to be able to deposit fiat currencies (Euro's, Dollars, Yen's etc).

On the bottom of that page, there’s an easy step-by-step explanation of how to fill in all the requirements.

 Depending on which verification tier you are looking for, you can be either verified instantly or it can take a couple of days (for tier 3 or higher).

kraken-get-verified

Funding your account

Go to funding and click on the desired currency to deposit.

In this tutorial, we’ll go for Euros.

Deposit method

Choose your deposit method. If you live in Europe, SEPA is the best method.

Kraken will show from which bank account you will have to deposit, and what is information is required to be filled.

Make sure you add the reference, so Kraken knows it has to deposit to your account.

The deposit normally takes 1 working day.

In the meantime, you can give your hopper the needed API keys and configure it. When your funds arrive, your Hopper will immediately start hopping.

kraken-deposit-methods

API keys

Go to settings -> API -> click generate new key. We advise to generate 2 keys. This is to prevent errors, due to Kraken’s API.

kraken-api-keys

Permissions

Make sure you give the right permissions.

-Extra- Right above this, is the field "nonce window".

Fill in:1000000

This is for HTTP network inconsistencies.

*IMPORTANT
We do not want withdrawal permissions! Do not check that one.

kraken-api-permissions

Get to the Hopper!

You will have to copy your public & private key to your Hopper. Go to your dashboard at cryptohopper.com -> click config.

Fill in your 2 API keys.

kraken-and-cryptohopper

You’re done! Once your funds arrive, your Hopper starts trading.

If you want more information about this subject, watch our Cryptohopper Academy video about this subject.

If you have any questions left, ask it on our forum. Go to your dashboard and click Forum in the side menu.

Happy Hopping!

Need support?

Need help setting up your hopper or want to browse through our FAQ and support articles?
Visit our supportdesk and ask your questions up there!

Supportdesk