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Kraken Just Made It Easier to Run Multiple Trading Strategies at Once — Here's How Their API Subaccounts Work

(140 days ago) · 1 source · Summarized by CryptoBipto

Kraken published a detailed guide on how traders can use subaccounts and separate API keys to run multiple trading strategies simultaneously on their platform. The feature allows users to create distinct operational layers that keep strategies isolated from one another. This is part of Kraken's ongoing 'API Unlocked' educational series aimed at more advanced and institutional users.

WHY IT MATTERS

Imagine you have two separate piggy banks — one for saving and one for spending. If someone breaks into your spending piggy bank, your savings are still safe. That's essentially what Kraken is offering traders here. A 'subaccount' is like a separate mini-account within your main account, and an 'API key' is like a special password that lets a computer program trade on your behalf. By giving each trading strategy its own subaccount and its own API key, traders can keep everything neatly separated and more secure. This matters because as crypto grows up, professional traders need the same kind of sophisticated tools they're used to in traditional finance — and exchanges that provide them will win more business.

Kraken's latest installment in its 'API Unlocked' series focuses on a critical infrastructure feature for serious traders: the ability to segment trading operations using subaccounts and dedicated API keys.

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Exchange InfrastructureAPI TradingInstitutional TradingKraken