krakenfx Start a DCA Bot
PREREQUISITE: Load the following skills to execute this recipe:
kraken-dca-strategy,kraken-paper-to-live
Set up a dollar cost averaging bot that buys a fixed dollar amount of BTC at regular intervals.
CAUTION: Live orders spend real money. Paper-test first, then promote with explicit approval.
Steps
- Initialize paper account:
kraken workspace create sandbox --capital 10000 --mode paper -o json 2>/dev/null export KRAKEN_WORKSPACE=sandbox - Calculate volume from dollar amount:
PRICE=$(kraken ticker BTCUSD -o json 2>/dev/null | jq -r '.[].last_price') && VOLUME=$(echo "scale=8; 100 / $PRICE" | bc) - Run 5 paper DCA buys to validate the loop:
kraken paper buy BTCUSD $VOLUME -o json 2>/dev/null - Check paper results:
kraken workspace status -o json 2>/dev/null - Review paper trade history:
kraken paper history -o json 2>/dev/null - Verify live credentials:
kraken auth test -o json 2>/dev/null - Check live balance:
kraken balance -o json 2>/dev/null - Validate the live order:
kraken order buy BTCUSD $VOLUME --type market --validate -o json 2>/dev/null - Execute first live buy (requires human approval):
kraken order buy BTCUSD $VOLUME --type market -o json 2>/dev/null - Verify fill:
kraken trades-history -o json 2>/dev/null
If you hit a mismatch between what you are trying to do and the CLI's interface or responses — including a mismatch between this skill and the installed CLI version's contract — feel free to submit feedback with kraken feedback.