Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Read more

Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.

Does Kraken allow trading bots?

Last updated: 8 жніўня 2025 г.

Clients are welcome to use trading bots to trade our markets.

Trading bots are actively used on every major financial platform and every type of financial market (crypto, forex, stocks, commodities, etc.), and play a valuable role by adding order book liquidity and increasing market activity.

The third party video Humans Need Not Apply (by CGP Grey) provides more information about the history of trading bots on financial platforms.

How to implement a trading bot

Some clients use our REST and WebSocket APIs to implement their own custom trading bot:

while other clients choose to use one of the many available third party trading bots (we are unable to recommend a particular third party trading bot, but provide the following list as a starting point for your own research):

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Arkmon
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Autoview
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Cryptohopper
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Gekko
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Gunbot
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Haasbot
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Hummingbot
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Kryll
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and many more

Example trading bot code

As an example of how to implement a trading bot using our APIs, the following downloadable code implements a simple indicator based trading bot using our REST API:

The example trading bot is intended to show how the different aspects of our API (market data, account data, placing/cancelling orders, etc.) work together in a trading bot scenario.

Note that the example trading bot is not intended to be used for actual trading (there is no guarantee that the bot would make a profit).

Does Kraken allow trading bots?

How to implement a trading bot

Example trading bot code

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