How to create a Kraken API key safely

4 min read·Updated 17 October 2026·By the Treo team

An API key lets software trade on your Kraken account without your password. Set up the right way, it can trade but can never withdraw. This takes about five minutes.

Start free with GoogleNo card needed

Before you start

You need a Kraken account with identity verification completed and 2FA switched on. No account yet? Sign up on kraken.com first.

The steps in pictures

Kraken step 1: Open Settings, then Connections and API.

Kraken step 2: Tap Create API key and name it Treo.

Kraken step 3: Tick query funds, query orders, create and cancel orders.

Kraken step 4: Leave Withdraw funds unticked.

Kraken step 5: Add this IP to the allowlist, then generate the key.

Kraken step 6: Copy both keys into Treo.

Step 1. Open Connections and API

On Kraken, open Settings, then Connections and API, then Create API key.

Step 2. Name it and set the permissions

Name the key Treo.

Query funds: on
Query open orders and trades: on
Query closed orders and trades: on
Create and modify orders: on
Cancel and close orders: on
Deposit funds and Withdraw funds: off

Step 3. Add the IP allowlist

Add this IP address to the key's IP allowlist: 2.29.57.164. Then generate the key.

Step 4. Paste it into Treo

Kraken shows the API Key and the Private Key once. In Treo, pick Kraken and paste both. Treo trades USDT pairs on Kraken, so keep the USDT you want Treo to use there.

Mistakes to avoid

Ticking Withdraw funds. Treo will refuse the key.
Skipping the IP allowlist. Treo will refuse the key.
Holding US dollars instead of USDT. Treo trades USDT pairs on Kraken.

Questions

Can I delete the key later?

Yes. Delete it under Connections and API on Kraken and Treo loses access at once. Your coins stay where they are.

What fee does Treo count on Kraken?

Kraken's standard fee is higher than most exchanges. Treo reads your own Kraken fee from your account and never counts less than Kraken's standard rate, so a sale only happens when it is in profit after the fees you really pay.

Does Treo trade futures on Kraken?

Not on Kraken. The autopilot trades spot on Kraken, so you own the coins it buys and there is no leverage. Trading futures yourself on the Trade screen is Binance only for now.

Put your trading on autopilot

Start free with Google