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A tool to help DCA your crypto investments

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wslyvh/kraken-dca

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** THIS IS PROJECT IS A WORK IN PROGRESS. USE AT YOUR OWN RISK!

kraken-dca

A tool to help DCA your crypto investments. Dollar cost averaging (DCA) is an investment strategy that aims to reduce the impact of volatility on large purchases of financial assets such as equities.

Supports

Exchanges

  • Kraken

Fiat

  • EUR

Crypto

  • BTC
  • ETH

Cloud provider

  • AWS (with Serverless)

Configure

Run this yourself?

  • Fork this repo
  • Signup at Serverless
  • Create a new App, with deployment profile your service & env. variables
  • Create AWS account
  • Link Serverless with AWS. Link
  • Create a Kraken account
  • Verify your account for Fiat funding
  • Create Kraken API keys: Query funds, withdraw funds & modify/orders (if you don’t want automated withdrawals you can uncheck it. Don't forget to disable the withdraw functions in the serverless.yml)
  • Add a Withdrawal address - default name: eth
  • Create env variables (see example.env)
  • Deploy npm run deploy

To automate this further, go to your bank account and set up a recurring payment to your Kraken EUR funding account

Default Fees apply

  • 0,26% maker fees for your trade (0,13 op 50 eu)
  • 0.005 ETH withdrawal fee
  • ~0,73ct at a price of €100/ETH
  • ~1,39ct at a price of €250/ETH

TODO

  • Reduce Package size: check dependencies, exclude files from sls
  • Use limit orders for lower % fees

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A tool to help DCA your crypto investments

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