Kraken API Guide

Level of Support 

Kraken is a part of the TaxBit Network. That comes with assistance from our Customer Experience Team if needed. Members of the TaxBit Network will receive a premium experience in terms of higher levels of support and a seamless onboarding experience. 

Here is a list of transactions that TaxBit supports from Kraken:

• Trades (Buys, Sales, Trades)
• Settled (Trade)
• Rollover (Fee)
• Staking (Income)
• Deposit (Transfer In)
• Withdrawal (Transfer out)

Margin transactions are not supported. If you have Margin transactions from Kraken, you'll manually add these transactions as an ”Income” or "Expense" transaction in your TaxBit account according to this article: Contract Trades 

Kraken transactions such as: Transfer will not be included transaction types.

Connection Steps

Below you will find a detailed guide on connecting Kraken to your TaxBit account.

Step 1: Navigate to the API Management page in your Kraken Account

Step 2: Select "Add key"

Step 3: Create an API Key with the following permissions

1. • Query Funds
   • Query Open Orders & Trades
   • Query Closed Orders & Trades
   • Query Ledger Entries

Step 4: Copy your API key and private key

From your TaxBit account:

Step 1: Select "Add Sources"

Step 2: Search and select "Kraken"

Step 3: Hit "Next"

Step 4: Select "Add Account"

Step 5: Take the "Private Key" you got from Kraken and enter that into the TaxBit "Secret Key" field. Then take the "API Key" you got from Kraken and enter that into the TaxBit "Key" field. From there, you'll hit "Connect"

Once Kraken has successfully been linked, you will want to hit the "Sync" button. Once you run a successful sync, you will be able to view your Kraken transactions on the Transactions page on TaxBit. 

Still have questions? You can interact with our Chatbot by selecting the Chat Widget located at the bottom right side of your screen, or fill out this form HERE to submit a support inquiry request. Our team is happy to help!