Set up Kraken alerts for your finance team

Connecting Kraken takes about five minutes. You need a Freesbe admin and someone who can create API keys in your company’s Kraken account (or one person who’s both).

Before you start

• Make the channel first, such as a private #treasury, and add the people who should see the money move. Balances and trades are sensitive: keep the channel private.
• Decide what’s worth a card. Deposits, withdrawals and trades suit most teams. Leave staking rewards off unless you want a card each time they’re paid.
• Pick a minimum in dollars if the account is busy, say $100, so small trades don’t fill the channel.

In Kraken

1. Open Settings → API and click Create API key.
2. Name it Freesbe and tick only Query Funds and Query Ledger Entries.
3. Leave every permission that trades, deposits, withdraws or transfers unticked.
4. Click Generate key. Copy the API key and the Private key; Kraken shows the private key only once.

In Freesbe

1. Open Workspace settings → Integrations & apps → Integrations → Finance and click Connect Kraken.
2. Paste both keys, pick the channel, and tick what to post.
3. Optional: add balance alerts, such as USD drops below 10,000 so someone tops up before a payout, and a daily balance summary at the start of your working day.
4. Click Connect Kraken. Then open the account’s ⋯ menu and Send a test alert to see a card in the channel.

New activity posts within a minute. Nothing from before you connected posts.

Good to know

• One key per channel. To post the same account into two channels, make a second key.
• Freesbe only reads. Even so, a key without trade or withdrawal permissions means nothing can move money with it.
• When Kraken refuses the key, the account shows Can’t read the account. Make a new key and click Replace the key; nothing is missed in between.

See the Kraken guide for everything it posts.