Detecting and Using Direct Pairs about binance-trade-bot HOT 11 OPEN

I will attempt making a PR to this effect and see how far I can go.

from binance-trade-bot.

@abanchev I agree, if a direct pair exists the bot should make a direct hop. Since I never ran the bot with ETH and BTC I didn't bother to add this logic. I'll do it as soon as I'm done with all my tests in Uni, or let someone else make a PR.

from binance-trade-bot.

Anyone willing to test, feel free:
#84

from binance-trade-bot.

This is really important because when using USDT there is double the tx fees because it's two trades that are executed to get from one coin to the other.

from binance-trade-bot.

Yes

supported_coin_list = [u'BTC', u'ETH']

from binance-trade-bot.

Do not do it like this, there is a direct ETHBTC pair, so you don't need to pass through USD (and lose money in fees and potential slippage). You will need to write your own function to do the trade directly if one of the coins is BTC

from binance-trade-bot.

I think the reason to use USDT is that it's more stable and you can accumulate more BTC/ETH this way.

from binance-trade-bot.

I'm going it a go now and will report my findings.

Is there a way to change the script so that it will trade the coins when there is certain percentage difference between the coins when up against the usdt?

from binance-trade-bot.

Yeah it's definitely possible. I've added in a "minimum profit" percentage variable to my script. I ran some backtesting and found 3-4% profit gives the best results, but it was with what limited data I could find.

I set up a simulation version where it uses price info from here:
http://www.cryptodatadownload.com/data/gemini/

There's per-minute pricing for BTC, LTC, ETH, and ZEC.

from binance-trade-bot.

Nice. I got the script and it is running now. I'll provide feedback in the morning

from binance-trade-bot.

I tried doing this but I'm getting errors. I added BTC and ETH to the supported coin list and set the bridge to ETHBTC.

2021-04-05 17:26:24,355 - crypto_trader_logger - INFO - Started
2021-04-05 17:26:25,261 - crypto_trader_logger - INFO - Creating database schema if it doesn't already exist
2021-04-05 17:26:25,679 - crypto_trader_logger - INFO - Initializing vs
2021-04-05 17:26:25,680 - crypto_trader_logger - INFO - Skipping initializing BTCETHBTC, symbol not found
2021-04-05 17:26:25,680 - crypto_trader_logger - INFO - Initializing vs
2021-04-05 17:26:25,681 - crypto_trader_logger - INFO - Skipping initializing ETHETHBTC, symbol not found
2021-04-05 17:26:31,137 - crypto_trader_logger - INFO - Skipping scouting... current coin BTCETHBTC not found
2021-04-05 17:26:36,577 - crypto_trader_logger - INFO - Skipping scouting... current coin BTCETHBTC not found

from binance-trade-bot.