The situation
You've connected Kraken and you're ready to automate. Before you set up a weekly or daily routine with real amounts, run one tiny automation that executes once and then stops. It answers three questions that no amount of reading can: Does my connection work? What does the fee look like? Does the money actually leave the exchange?
Here is exactly how we did it on October 10, 2026, on a real account, with screenshots (names and IDs anonymized).
Before you start
- Kraken connected on the Connection page (via API key; the key is shown masked).
- Withdrawal destination: check whether Connection shows it as resolved or "Unresolved." Ours was unresolved, and that became the main finding of the test.
- Plan: a test automation is still an automation. In our test, creating another one later hit "Automation limit reached." See the Pricing section. Only active automations count toward the plan limit, not ended ones, and the 30-day trial allows 1 automation.
The six steps, as we did them
Step 1 – Mode: Scheduled. (24/7 Monitoring is the alternative. We kept the test on a predictable clock.)
Step 2 – Conversion: asset BTC, rule Fixed amount, 0.0000725 BTC. The amount is entered in BTC. The step showed "Checking the minimum order size…", which disappeared without a result, so treat it as no confirmation either way.
Step 3 – Timing: Daily, 6:45 a.m., US Eastern Time, start date today. Note: "Missed runs are not backfilled." Pick a time a few minutes in the future.
Step 4 – Withdrawal: Immediately after each conversion, 100% of available USD balance. The step has no destination picker.
Step 5 – End condition: End after a number of executions → 1. "Each completed attempt counts, including skipped or failed executions."
Step 6 – Review: check every line. In our test the name field was pre-filled with the name of an earlier automation, so give your test a unique name. The start date wasn't shown in Review. Two warnings appear (insufficient balance → skipped and logged; amount below the exchange minimum → skipped with ORDER_SIZE_TOO_SMALL). Then two required confirmations: "I confirm these rules are deterministic and reflect my intent" and "I understand Coinomatic does not optimize execution or make financial decisions."
What happened
- Aspect: Run time; Result (one observation): ≈3 minutes after the scheduled time
- Aspect: Conversion; Result (one observation): 0.0000725 BTC → 5.9989 USD, fee 0.048 USD (fees set by the exchange)
- Aspect: Withdrawal; Result (one observation): Skipped: "No eligible withdrawal destination is set up yet…"
- Aspect: Final status; Result (one observation): Ended, Executions 1 of 1, Last: Succeeded
- Aspect: Transactions; Result (one observation): 1 completed conversion
- Aspect: Logs; Result (one observation): Rule evaluation → Conversion completed → Withdrawal skipped
The conversion worked. The withdrawal didn't, because no withdrawal method was set up and verified at Kraken. "Succeeded" described the run, not money reaching the bank (article 3).
Illustrative example – what a "passed" test looks like
Illustrative example – what you'd want to see, not a result we recorded.
Connection shows a resolved withdrawal destination. After the run, Logs show the conversion and a withdrawal entry (not "skipped"). Transactions show the completed conversion, and the withdrawal appears with its status. A few days later, the deposit is visible in your bank.
Time check
Model example, your numbers will differ.
In our time model, we budget 20 minutes of one-time setup (wizard + test run), spread over 12 months ≈ 1.7 minutes a month. With a daily routine afterwards (30 runs/month; manual ≈17 min vs. automated check ≈2 min; monthly review ≈10 min), the model shows ≈438 minutes saved a month. A weekly routine (≈4.3 runs) shows ≈53 minutes.
The test is the cheapest part of the setup, and the part most likely to save you from a week of skipped withdrawals.
Limits
- One run, one tiny amount, one rule type. This isn't a benchmark of speed or fees.
- Your minimum order size may differ. Our tiny amount went through, but don't assume yours will.
- Plan slots: the test may keep occupying a slot after it ends (see above).
Next step
Follow the Knowledge Base guide Create an automation with these settings. If your withdrawal is skipped, go to article 17. A 30-day free trial is advertised on coinomatic.io. When the trial ends, your automations are paused and your data is kept. The trial includes Scheduled automations only (24/7 Monitoring is not part of it) and allows 1 automation.
Coinomatic is software that triggers actions on your connected exchange account (today: Kraken) based on rules you set. It is not a financial advisor, broker, or money transmitter, and it does not take custody of your funds. Nothing in this article is financial, tax, or legal advice.