12-05-2021, 09:05 PM
I made a crypto trading bot that takes advantage of Kucoin listing announcements
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/r9g5ka/i_made_a_crypto_trading_bot_that_takes_advantage/"> <img src="https://external-preview.redd.it/UhK0UnSIprICdcgSb5NXioRx3Hht7CtRv64fwlf-Bk0.jpg?width=320&crop=smart&auto=webp&s=d06d9e6947e519dc2f4e1f1b53e0e2bfd059c7ad" alt="I made a crypto trading bot that takes advantage of Kucoin listing announcements" title="I made a crypto trading bot that takes advantage of Kucoin listing announcements" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>As some of you have noticed, new listings tend to spike up quite a bit once they are announced on a big exchange. The aim of this tool is to take advantage of this initial spike, at the moment that the announcement is made, not once the listing is actually trade-able on the exchange.</p> <p>The reason behind it is that, once the announcement is made, the coin is not immediately trade-able on the exchange, and usually takes a few hours for the exchange to set the listing live.</p> <p>The tool allows you to take advantage of this by listening to Kucoin announcements, and then placing a trade on gateio. I chose gateio because they are more relaxed with coin listing, although they're janky af. This means that what Kucoin and Binance WILL list, is probably already listed on there.</p> <p>I made a similar tool for Binance, and while it does have the potential to be profitable, the script must run on a Tokyo VPS in order to take compete in a more competitive environment.</p> <p>Using Kucoin announcements instead, seems to be a lot less time-bound in order to be able to make a profit.</p> <p>Here some of the inital testing results by user busyuqboy:</p> <p>​</p> <p><a href="https://preview.redd.it/0k32qv61bq381.jpg?width=600&format=pjpg&auto=webp&s=8dc67850ba32a04dee1ea291e39e2619911b4a71">https://preview.redd.it/0k32qv61bq381.jpg?width=600&format=pjpg&auto=webp&s=8dc67850ba32a04dee1ea291e39e2619911b4a71</a></p> <p><a href="https://preview.redd.it/6cqlep12bq381.jpg?width=600&format=pjpg&auto=webp&s=070650aa116a990a261b818c34c5a8a963c5fe6a">https://preview.redd.it/6cqlep12bq381.jpg?width=600&format=pjpg&auto=webp&s=070650aa116a990a261b818c34c5a8a963c5fe6a</a></p> <p>In both of these test cases the algorithm would have actually been able to catch a relatively nice spike. The two locations represent the VPS' location and speed of execution.</p> <p>I have started running this in live mode and report back with my results. Wish me luck!</p> <p>​</p> <p>Here's a video where I explain all of this in more detail: <a href="https://youtu.be/qU8wcBRGihI">https://youtu.be/qU8wcBRGihI</a>. If you like this project and want to follow its progress you can always subscribe to my youtube channel
</p> <p>I made the tool open source so that anyone can play around with it if they wish: <a href="https://github.com/CyberPunkMetalHead/gateio-crypto-trading-bot-binance-announcements-new-coins">https://github.com/CyberPunkMetalHead/gateio-crypto-trading-bot-binance-announcements-new-coins</a></p> <p><strong>Edit:</strong></p> <p>Here's a step-by-step guide on how to set the bot up: <a href="https://www.cryptomaton.org/2021/10/17/a-binance-and-gate-io-crypto-trading-bot-for-new-coin-announcements/">https://www.cryptomaton.org/2021/10/17/a-binance-and-gate-io-crypto-trading-bot-for-new-coin-announcements/</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/CyberPunkMetalHead"> /u/CyberPunkMetalHead </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r9g5ka/i_made_a_crypto_trading_bot_that_takes_advantage/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r9g5ka/i_made_a_crypto_trading_bot_that_takes_advantage/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/r9g5ka/i_made_a_crypto_trading_bot_that_takes_advantage/"> <img src="https://external-preview.redd.it/UhK0UnSIprICdcgSb5NXioRx3Hht7CtRv64fwlf-Bk0.jpg?width=320&crop=smart&auto=webp&s=d06d9e6947e519dc2f4e1f1b53e0e2bfd059c7ad" alt="I made a crypto trading bot that takes advantage of Kucoin listing announcements" title="I made a crypto trading bot that takes advantage of Kucoin listing announcements" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>As some of you have noticed, new listings tend to spike up quite a bit once they are announced on a big exchange. The aim of this tool is to take advantage of this initial spike, at the moment that the announcement is made, not once the listing is actually trade-able on the exchange.</p> <p>The reason behind it is that, once the announcement is made, the coin is not immediately trade-able on the exchange, and usually takes a few hours for the exchange to set the listing live.</p> <p>The tool allows you to take advantage of this by listening to Kucoin announcements, and then placing a trade on gateio. I chose gateio because they are more relaxed with coin listing, although they're janky af. This means that what Kucoin and Binance WILL list, is probably already listed on there.</p> <p>I made a similar tool for Binance, and while it does have the potential to be profitable, the script must run on a Tokyo VPS in order to take compete in a more competitive environment.</p> <p>Using Kucoin announcements instead, seems to be a lot less time-bound in order to be able to make a profit.</p> <p>Here some of the inital testing results by user busyuqboy:</p> <p>​</p> <p><a href="https://preview.redd.it/0k32qv61bq381.jpg?width=600&format=pjpg&auto=webp&s=8dc67850ba32a04dee1ea291e39e2619911b4a71">https://preview.redd.it/0k32qv61bq381.jpg?width=600&format=pjpg&auto=webp&s=8dc67850ba32a04dee1ea291e39e2619911b4a71</a></p> <p><a href="https://preview.redd.it/6cqlep12bq381.jpg?width=600&format=pjpg&auto=webp&s=070650aa116a990a261b818c34c5a8a963c5fe6a">https://preview.redd.it/6cqlep12bq381.jpg?width=600&format=pjpg&auto=webp&s=070650aa116a990a261b818c34c5a8a963c5fe6a</a></p> <p>In both of these test cases the algorithm would have actually been able to catch a relatively nice spike. The two locations represent the VPS' location and speed of execution.</p> <p>I have started running this in live mode and report back with my results. Wish me luck!</p> <p>​</p> <p>Here's a video where I explain all of this in more detail: <a href="https://youtu.be/qU8wcBRGihI">https://youtu.be/qU8wcBRGihI</a>. If you like this project and want to follow its progress you can always subscribe to my youtube channel
</p> <p>I made the tool open source so that anyone can play around with it if they wish: <a href="https://github.com/CyberPunkMetalHead/gateio-crypto-trading-bot-binance-announcements-new-coins">https://github.com/CyberPunkMetalHead/gateio-crypto-trading-bot-binance-announcements-new-coins</a></p> <p><strong>Edit:</strong></p> <p>Here's a step-by-step guide on how to set the bot up: <a href="https://www.cryptomaton.org/2021/10/17/a-binance-and-gate-io-crypto-trading-bot-for-new-coin-announcements/">https://www.cryptomaton.org/2021/10/17/a-binance-and-gate-io-crypto-trading-bot-for-new-coin-announcements/</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/CyberPunkMetalHead"> /u/CyberPunkMetalHead </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r9g5ka/i_made_a_crypto_trading_bot_that_takes_advantage/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r9g5ka/i_made_a_crypto_trading_bot_that_takes_advantage/">[comments]</a></span> </td></tr></table>Kind Regards R