Stacking Sats on Kraken
First off: Here's to you, Bittr – you will be missed! 😢
This script is not a full replacement for the incredible service Bittr offered, but it's a start: Automate your Stacking Sats process by regularly placing buy orders using the Kraken API.
✋ Caveat
You need to install the dependency kraken-api, which is a third-party package. It has a minimal set of dependencies and I've done my best to audit its code. Also the version is fixed, so that unwanted changes do not slip in.
However: Use this at your own risk and decide for yourself whether or not you want to run this script and its dependencies!
🔑 API Key
Obtain your Kraken API Key via the API settings page. Generate a new API key dedicated for stacking using the "Query Funds" and "Modify Orders" permissions:
📦 Setup
Prerequisite: At least the current LTS version of Node.js.
Install the dependencies:
npm install
Setup the environment variables for the script:
export KRAKEN_API_KEY="apiKeyFromTheKrakenSettings"
export KRAKEN_API_SECRET="privateKeyFromTheKrakenSettings"
export KRAKEN_API_FIAT="USD" # the governmental shitcoin you are selling
export KRAKEN_BUY_AMOUNT=21 # fiat amount you trade for the future of money
Use a dry run to test the script and see the output without placing an order:
npm test
You should see something like this sample output:
💰 Balance: 210000.00 USD / 21.0 XBT
📈 Ask: 21000.2 USD
📉 Bid: 21000.1 USD
💸 Order: buy 0.21212121 XBTUSD @ limit 21000.1
📎 Transaction ID: 2121212121
🤑 Stack sats
When you are good to go, execute this command in a regular interval:
npm run stack-sats
The best and easiest way is to wrap it all up in a shell script. This script can be triggered via cron job, e.g. weekly, daily or hourly.
Here's a sample stack-sats.sh script:
#!/bin/bash
set -e
# hide deprecation warning
export NODE_OPTIONS="--no-deprecation"
export KRAKEN_API_KEY="apiKeyFromTheKrakenSettings"
export KRAKEN_API_SECRET="privateKeyFromTheKrakenSettings"
export KRAKEN_API_FIAT="USD"
export KRAKEN_BUY_AMOUNT=21
BASE_DIR=$(cd `dirname $0` && pwd)
cd $BASE_DIR/stacking-sats-kraken
result=$(npm run stack-sats 2>&1)
echo $result
# Optional: Send yourself an email
recipient="satstacker@example.org"
echo "Subject: Sats got stacked
From: satstacker@example.org
To: $recipient $result" | /usr/sbin/sendmail $recipient
Make it executable with chmod +x stack-sats.sh and go wild.
⚡️ RaspiBlitz Integration
This script ships with the RaspiBlitz (v1.6 and above).
You can enable it via the Console of your RaspiBlitz. Leave the main menu via the last option "Console" and use the following commands:
# enable the script
./config.scripts/bonus.stacking-sats-kraken.sh on
# switch to the stackingsats user
sudo su - stackingsats
# edit your configuration (see "Setup" above)
nano /mnt/hdd/app-data/stacking-sats-kraken/.env
# follow the instructions from the first step to set up a cronjob
crontab -e
Here is an example for a daily cronjob at 6:15am ...
SHELL=/bin/bash
PATH=/bin:/usr/sbin:/usr/bin:/usr/local/bin
15 6 * * * /home/stackingsats/stacksats.sh > /dev/null 2>&1