Top 6 Bitcoin Trading Bots
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Programming a crypto-trading bot is a great way to start trading algorithmically. This post will outline how to program your own simple bot by interfacing with the Bittrex API. For this guide you will need Python 3 installed, and a competent text editor. This post will not cover the basics of programming, as there are hundreds of resources that already cover that angle. If you have any questions feel free to comment below.
To begin, you will need an API key from Bittrex. Login to your account, and then head to the settings page. Click on the API Keys section, and then create a new one. If you have 2FA enabled, you will need to enter your key before creating it. Now that we have our key, let's create our bot. The architecture will be very simple. The bot will run indefinitely and query for markets every 30 seconds. The resulting bot will be extremely dumb, but this guide should serve as a base for you to develop your own trading algorithm.
Begin with a fresh Python file, and the contents from below. Running the program now won't do much. The print statement will execute, and we will see some text in the console, but the program will exit immediately after.
Most bots run indefinitely until terminated by the operator. Let's setup our bot to do the same. Update the main method with the following changes, and also add the new tick method stub. Now our bot will run it's tick method every 30 seconds while accounting for any latency in the tick method itself.
Next we need to flesh out the tick method. This is where most of the program logic will live. Now if you run the program you'll see that the bot queries all of the available markets on Bittrex and then prints the percentage the market has changed over the last 24 hours. Our bot is cool and all, but it doesn't actually trade any crypto yet. Let's flesh out our advanced algorithm to place buy and sell orders.
We'll need a few things including a way to make signed requests which the Bittrex API expects when making trades. There's quite a bit going on here. Let's break it down. The new logic in our tick method includes the meat of our algorithm. As you can see, this algorithm is extremely stupid.
This bot trades based only on the 24 hour change of a coin. Despite this silly example, it should serve as a gateway for you to begin fleshing out your own secret algorithm. We've also added some new methods to handle placing buy and sell orders. These methods require an API key because they modify aspects of your account. The specifics of this are outlined in the Bittrex developer's guide online.
I hope this guide helps you on your way to riches! Feel free to ask for help in the comments if you get lost or stuck. Really informative, thank you. I've made my own price bot for steem, it displays the price changed from last, and percent changed.
A great suggestion indeed. I've uploaded the final product to https: I think with little tweaking you could make it work. I don't know exact details, but Bitfinex API requests are very similar. Although keywords in HTTP string are different.
For me it seems that they all use same logic. This is written using Python, but you could easily translate it to whatever language you're comfortable with. Build me a cryptocurrency trading bot based on my simple algorithmbitcoinc programmingc programmingp is one of the most informative crypto API tutorials i have come across.
Code is very clear and easy to follow. I tried to write it myself, but got myself lost in hmac. Your code resolved it brilliantly. One thing what could make this tutorial rock the world would be a function example what calls wallet balances. I am trying to make it work, but I get no response back. Can you see here: I have been reading the documentation and it seems that we can only retrieve information or just create a comments or up-vote. Demonstrates how to create a simple price checker for any currency ok, its Bitcoin right now, but easy to change.
Still working on this? There seem to be now a V2. Programming your first Cryptobot. Ship is sinking, build me a cryptocurrency trading bot based on my simple algorithmbitcoinc programmingc programmingp out!
Authors get paid when people like you upvote their post. Did you do this using the same script? Well done post thanks for sharing. Resteemed so i can test it later when i have more time.
Thanks for sharing this information. A sample code on github would also be cool, such that one can download and review later: Can this also apply to Poloniex's API?
Hope you found it useful! This is a C language right? I will cover more of the API calls build me a cryptocurrency trading bot based on my simple algorithmbitcoinc programmingc programmingp part two. I keep getting an error saying ModuleNotFoundError: No module named 'requests' Any idea what I'm doing wrong? Hi tstieffThank you for sharing this info! Thanks, I took inspiration from your post and have created a Godot Engine one: Can we expect any follow up on this article with more updates?
Yes, I plan on writing a follow up this week.