Configuring Bitnik Reload

Bitnik Reload is a third-party service that provides bitcoin re-purchasing with exact reporting. It's a standalone web app that supports multiple wallets and exchanges. It can be used as an alternative to our existing exchange integrations and provides access to additional exchanges and reporting.

Reload now also supports cash-out transactions with their optional Pro service, which will auto-sell any amount received by the registered wallet. (Reach out to Bitnik for details on handling settlements, i.e., wallet transactions that should be ignored by Reload.)

Also with their Pro service, Reload can be 'linked' directly to your Lamassu server. It will periodically receive parsed data from the transaction log and associate it to wallet transactions. Data can then be exported resulting in precise reporting at the transactional level. Exported data holds:

| Date | Time | Device Fingerprint | Tx Hash | Side | Amount BTC | Network Fee | External Amount | External Currency | External Tx ID | Completed Cost | Completed Currency | External Message |

Setup

Setup requires no configuration on your server, although any existing trader module should be disabled. To ensure this, within the server run the command:

lamassu-disable-trading

 The Reload website will walk you through the setup process: https://reload.bitnik.eu/

 In short:

• Create a Bitnik Reload account with email and password
• Create a view-only API key within your BitGo wallet and provide to Reload so they may monitor spends
• Insert your exchange API credentials
• Enable new Reload
• Choose if you only want reload or also unload (cash-out sales) functionality.*
• If you'd like to connect Reload with server to take advantage of its reporting capability, please reach out to Bitnik team at reload@bitnik.eu.*

* Optional functionality available for Pro users with 25 EUR/month subscription.

Please note: Reload will suggest minimum permissions for your exchange's API credentials. They will not need withdrawal permissions, so for the security of your exchange account and its bitcoins, do not enable withdrawal permissions. The responsibility of safeguarding your exchange credentials is yours.

Functionality

Reload will use a BitGo API key to monitor your wallet's outgoing transaction and trigger a rebuy for each bitcoin sale on your machine. After the order has been filled Reload will report cost and BTC price (including exchange fee) per transaction.

As with other exchange modules, you will still need to periodically shuffle the purchased bitcoins from your exchange account to your machine's hot wallet to refill it.

Supported exchanges

Bitstamp, Kraken, BTC-e, Bitfinex, ANX, Hitbtc, Loyalbit, TaurusExchange, OkCoin, BTCChina, BleuTrade, CexIO, BitVc, BTCTrade, Cointrader, Coinbase (brokerage), BTCMarkets, Bitso

Supported wallets

BitGo, Blockchain.info, bitcoind (with modifications)

If an operator configures bitcoind to send change to a single address, bitcoind could be used with it as well.

Contact

For more information and contact Reload directly at: reload@bitnik.eu