If you have accounts on multiple exchanges, you can connect and manage them all on Cryptowatch.
You can connect your exchange accounts by generating API keys on the exchange site, then plugging those keys into Cryptowatch’s Exchange Keys page. See this article for some tips on API key security, if you haven’t already.
Cryptowatch is a one-in-all platform for traders. You can trade directly on the charts, customize powerful indicators and overlays, and manage your multi-exchange portfolio. Our alerts system lets you set SMS or email alerts for price and volume directly on the charts.
Before we do anything, you will need at least a Starter-level Kraken account. You can sign up for one at Kraken.com.
In Cryptowatch, click the My Account button in the top-right corner, then select Exchange Keys from the menu:
The Exchange Keys page is where you can plug in API keys from trading- and portfolio-enabled exchanges into Cryptowatch:
Cryptowatch connects to your exchange accounts using the public and private keys generated by the exchange. API keys generally come in pairs — one public key, and one private (like a crypto wallet). As you will see soon, these keys can be set up to allow or disallow different actions.
Click the profile icon in the top-right of the page, and select Settings > API:
This will take you to the Kraken API Management page:
+ Generate New Key and give it a relevant description — like “Cryptowatch”, for example.
You can set your permissions like this:
To trade via Cryptowatch you will need to check the Query Funds box and all boxes under Orders & Trades and Ledger. The option “Export Data” under Other is required for the Export Trade History function on the Portfolio page.
We strongly recommend against permitting deposit and withdrawal actions to the API key. These actions cannot be performed on Cryptowatch and expose you to unnecessary risk.
You can use the Query Start Date/Time and Query End Date/Time options to manage how far back or forward in your trading history the key can look. You may also use the Key Expiration tool to set a time for the key to stop working.
When you’re ready, click the Generate Key button.
If the key generates successfully you will see a page like the one below. If there was an issue, you will need to start over by generating a new key.
These strings of letters, numbers and symbols are your Public and Private keys. Copy the topmost “API Key” and paste it into the API Key field back on the Cryptowatch Exchange Keys page.
Copy the code labeled “Private Key” and paste it into the API Secret field on the Cryptowatch Exchange Keys page. Cryptowatch will automatically connect to your Kraken account once the second key is entered. You can find the Exchange Keys page again by clicking My Account in the top-right of any page on Cryptowatch, then selecting Exchange Keys.
A successful connection will change the box’s color and hide the key information, like below.
Success! Now you can place and cancel orders and manage your Kraken portfolio on Cryptowatch. If you’re new to Cryptowatch, try following the Onboarding guide to get acquainted with the interface.
Now you can use Cryptowatch to trade on Kraken markets!
A good way to get started is to visit the Markets page, then filter the list by exchange. Click the Exchanges drop-down list on the left and select Kraken. Alternatively, type “Kraken” in the search bar to narrow the exchange list down.
Now you will only see Kraken markets listed. If you want to view markets for a specific asset, use the Asset’s drop-down list to filter the results even further. Clicking any market here will open that market in the trading terminal.
Kraken traders can use Cryptowatch’s advanced charts to trade and perform technical analysis as well as track their funds alongside any other exchange accounts on the Portfolio page. For a quick overview of these features, scroll down to the Trade on Kraken and Kraken Portfolio sections.
Check out these articles to learn more about trading and analysis on the Charts page:
These articles demonstrate the Portfolio page:
Cryptowatch’s alerts function is a favorite among traders as well. Check out these articles to learn how to set alerts for price, volume, and order fills:
Cryptowatch offers a lot of tools that can enhance your trading on Kraken. You can:
View real-time order book and trade history feeds
Track your balances across multiple exchanges in real-time on the Portfolio page
Chat with other traders in the Trollbox
Create and save custom themes
Stream prices and order books with the Market Data WebSocket API
Pull market data into Google Sheets with the Cryptofinance.ai plugin
Automate orders and alerts using triggers and actions with Zapier integration
After selecting a market from the filtered Markets list you will be taken to the Charts page. This is the trading terminal where you can perform analysis and submit trades:
On the right side of the page is the trading form. This is where you’ll enter the details of your trade, like direction, order type, price and volume. The trading form varies based on the options available on the current exchange. If you don't see the form, it is most likely hidden. Click the vertical bar on the right hand side of your screen to expand it.
Choose whether you are buying or selling
Drop-down menu for selecting an order type
If the exchange offers margin trading for the current market, this section will appear in the trading form
Shows your available funds for performing whichever action is selected (Buy or Sell)
Enter the total quantity (a.k.a. volume) of your order here
This option is available for Limit, Take Profit and Stop Loss orders. Input the price you want the order to trigger at.
This is the total value of your trade order, a product of quantity and price
Choose a time for the order to automatically cancel if unfilled. To create an order with no expiry, choose “Good until canceled"
Create Conditional Close Order
Click this button to create an opposing order that becomes active once the primary order executes.
Conditional closes are good for setting exit orders, whether at your target price or a Stop Loss
For an in-depth guide on submitting trades, check out the How to trade on Cryptowatch page.
On the price chart above you can see an Ichimoku Cloud surrounding the candlesticks in the price chart. The Ichimoku Cloud is a single indicator that shows support and resistance levels, momentum and trend direction.
You can click “More info” under the Info tab in the Analysis menu to learn more about any overlay or indicator on Cryptowatch:
In the price chart image above there are a few indicators on display. From top to bottom:
MACD (Moving Average Convergence Divergence)
Actual True Range
Volume and MACD are present by default.
You can use any combination of indicators, drawing tools and overlays to help you analyze and predict trends.
Go to the Portfolio page to see how your orders, positions and crypto holdings are performing across all connected exchanges. You can sort your portfolio by exchange if you want to isolate your Kraken activity, or by asset to see how your holdings are doing.
For a closer look at the Portfolio page and the tools within, check out these articles: