The Kucoin Futures API enables traders to programmatically manage their futures accounts on Kucoin, allowing for real-time data retrieval, order placement, and account management. By leveraging Pipedream's serverless platform, you can create automated workflows that react to market changes, manage risk, and optimize your trading strategy. These workflows can integrate with a multitude of other services and APIs, enabling complex automations that can drive informed decision-making based on market signals, notifications, and more.
import { axios } from "@pipedream/platform"
export default defineComponent({
props: {
kucoin_futures: {
type: "app",
app: "kucoin_futures",
}
},
async run({steps, $}) {
return await axios($, {
url: `https://api-futures.kucoin.com/api/v1/timestamp`,
headers: {
"api_key": `${this.kucoin_futures.$auth.api_key}`,
"secret_key": `${this.kucoin_futures.$auth.secret_key}`,
"passphrase": `${this.kucoin_futures.$auth.passphrase}`,
},
})
},
})
Automated Trading Strategy Execution: Create a Pipedream workflow that monitors market conditions using the Kucoin Futures API. When specific criteria are met—like a certain price target or volume spike—automatically execute trades, adjust leverage, or close positions, thereby optimizing trading strategies with minimal manual intervention.
Risk Management Alerts: Utilize Pipedream to set up a system that tracks position sizes and margin levels. When a position reaches a threshold that suggests increased risk—such as approaching a margin call—the workflow can trigger real-time alerts via SMS or email through integrations with Twilio or SendGrid, prompting immediate action.
Portfolio Balance Reporting: Configure a daily or weekly workflow on Pipedream that aggregates your account data from the Kucoin Futures API, calculating the total balance and performance of your futures portfolio. Integrate this with Google Sheets or Airtable to log the data over time, creating a historical performance record for trend analysis.
Kucoin Futures uses API keys for authentication. When you connect your Kucoin Futures account, Pipedream securely stores the keys so you can easily authenticate to Kucoin Futures APIs in both code and no-code steps.
To connect your Kucoin Futures account to Pipedream,