Kraken, Gunbot Celebrate Futures Trading Integration with $10,000 Competition

Kraken Futures is excited to announce a new integration with Gunbot, one of the oldest and most trusted algorithmic trading platforms in the cryptocurrency industry. 

Targeted at both professional and amateur traders, software applications such as Gunbot democratize access to precise and sophisticated trading strategies. Kraken has a long-standing relationship with Gunbot, as our spot exchange integrated its technology in 2016.

Starting today, Gunbot clients will be able to send orders directly to Kraken Futures to buy and sell contracts denominated in XBT, ETH, LTC, XRP, and BCH. They will also be able to take advantage of these key features:

  • An industry-leading revenue share program in which we issue 30% revenue share of net fees to our active traders every week
  • Up to 50x leverage
  • Trading 24/7/365
  • A high performance, low latency matching engine

If that isn’t enough, on February 15th Gunbot is celebrating this integration with a $10,000 trading competition open to all Gunbot users trading on Kraken Futures. The proceeds will be distributed among the 100 top traders that submit their orders on Kraken Futures exchange using Gunbot. Further updates and complete TOS and Privacy Agreement can be found at https://gunthy.org/KrakenFuturesCompetition.

How Does Algorithmic Trading Work?

These platforms allow anyone to automate their trading strategies by setting up a program that interacts directly with an exchange, placing buy or sell orders according to rules (algorithms) you tell it to follow. Gunbot offers 15 different methods for executing an order and 150+ configurable parameters, so anyone can create a custom and sophisticated trading strategy. 

What Are the Specific Advantages?

  • Encourages a more disciplined, rule-based approach to trading 
  • Trading rules can be tested against historical market data before you commit crypto 
  • Removes the dangers of impulse and emotion from your trading
  • Bots run 24/7, allowing you to take advantage of opportunities you might otherwise miss (while sleeping, eating, etc.)
  • Monitor and trade multiple markets simultaneously
  • Fast execution times allow you to react to quick market movements

What Specific Features Does Gunbot Offer?

Aside from the 15 different methods for executing an order and 150+ configurable parameters, Gunbot offers:

  • Secure two-factor authentication (2FA) login procedures
  • Telegram integrations to notify you in real-time when trades execute
  • A TradingView integration that listens to incoming email alerts from tradingview.com and immediately executes orders at Kraken and Kraken Futures
  • Support for 25+ different languages covering every major region in the world

I’m Sold, How Do I Get Started?

  1. Launch your Kraken Futures account: Here’s how
  2. Buy your Gunbot license: Here
  3. Download and install Gunbot: Here
  4. You will need to create an API key to connect to your Kraken Futures account: Here’s how
  5. Configure your trading strategy – see the Gunbot wiki for assistance

The Fine Print

Although Gunbot is eligible to clients around the world, only eligible traders domiciled in authorized jurisdictions will be able to send trades to Kraken Futures.

Sign up today to make sure you are ready for the trading competition.

Thank you for choosing Kraken, the secure and trusted digital asset exchange group.

The Kraken Team

 

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Download the Kraken Futures App from the App Store or Google Play:

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Further Reading:

Disclaimer: Kraken does not make recommendations on the suitability of a particular asset class, strategy, or course of action. Any investment or trading decision you make, including the installation and use of trading software, is solely your responsibility. Please consider your individual position and financial goals before making an independent investment or trading decision.