93 lines
2.5 KiB
Markdown
93 lines
2.5 KiB
Markdown
# Stacking Sats on Kraken
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First off: Here's to you, [Bittr](https://getbittr.com/) – you will be missed! 😢
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This script is not a full replacement for the incredible service Bittr offered, but it's a start:
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Automate your Stacking Sats process by regularly placing buy orders using the [Kraken API](https://www.kraken.com/features/api).
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## ✋ Caveat
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You need to install the dependency [kraken-api](https://github.com/nothingisdead/npm-kraken-api), which is a third-party package.
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It has a minimal set of dependencies and I've done my best to audit its code.
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Also the version is fixed, so that unwanted changes do not slip in.
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However: Use this at your own risk and decide for yourself whether or not you want to run this script and its dependencies!
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## 📦 Setup
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Prerequisite: At least the current LTS version of [Node.js](https://nodejs.org/).
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Install the dependencies:
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```sh
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npm install
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```
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Setup the environment variables for the script:
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```sh
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export KRAKEN_API_KEY="apiKeyFromTheKrakenSettings"
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export KRAKEN_API_SECRET="privateKeyFromTheKrakenSettings"
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export KRAKEN_API_FIAT="USD" # the governmental shitcoin you are selling
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export KRAKEN_BUY_AMOUNT=21 # fiat amount you trade for the future of money
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```
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Use a dry run to test the script and see the output without placing an order:
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```sh
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npm test
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```
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You should see something like this sample output:
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```text
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💰 Balance: 210000.00 USD / 21.0 XBT
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📈 Ask: 21000.2 USD
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📉 Bid: 21000.1 USD
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💸 Order: buy 0.21212121 XBTUSD @ limit 21000.1
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📎 Transaction ID: 2121212121
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```
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## 🤑 Stack sats
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When you are good to go, execute this command in a regular interval:
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```sh
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npm run stack-sats
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```
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The best and easiest way is to wrap it all up in a shell script.
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This script can be triggered via cron job, e.g. weekly, daily or hourly.
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Here's a sample `stack-sats.sh` script:
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```sh
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#!/bin/bash
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set -e
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# hide deprecation warning
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export NODE_OPTIONS="--no-deprecation"
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export KRAKEN_API_KEY="apiKeyFromTheKrakenSettings"
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export KRAKEN_API_SECRET="privateKeyFromTheKrakenSettings"
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export KRAKEN_API_FIAT="USD"
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export KRAKEN_BUY_AMOUNT=21
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BASE_DIR=$(cd `dirname $0` && pwd)
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cd $BASE_DIR/stacking-sats-kraken
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result=$(npm run stack-sats 2>&1)
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echo $result
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# Optional: Send yourself an email
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recipient="satstacker@example.org"
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echo "Subject: Sats got stacked
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From: satstacker@example.org
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To: $recipient $result" | /usr/sbin/sendmail $recipient
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```
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Make it executable with `chmod +x stack-sats.sh` and go wild.
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[Stay humble!](https://twitter.com/matt_odell/status/1117222441867194374) 🙏
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