This program is an automated trading system that can autonomously trade the LTC / BTC pair in the Coinbase Pro exchange.
Keep in mind that trading is a risky activity that can involve a loss of money. You should only invest the amount you can afford to lose.
The trading strategy consists of issuing a large number of low value orders. The program continuously monitors the price of litecoin and issues a limit buy order when the price begins to rise above the weighted average of the previous prices. Once the buy order is filled, the program issues a limit sell order at a higher price.
The seed is the amount of litecoins that the program will trade continuously to earn bitcoins. This snap uses a fixed value of 1 litecoin. You should have a bitcoin balance of at least 10 times the value of 1 litecoin.
You can download the source code from the following repository:
----- Registration -----
Register in Coinbase (https://www.coinbase.com)
Use the Coinbase account to login to the Coinbase Pro exchange (https://pro.coinbase.com)
Deposit the amount of bitcoins you want.
----- API Key generation -----
Generate an API Key only with trade permission (https://pro.coinbase.com/profile/api)
----- Environment variables -----
Save the three values of the API key in the following environment variables of the operating system:
You can append the environment variables at the end of the file ".bashrc" in your home folder:
export TRADING_BOT_PASSPHRASE="your passphrase";
export TRADING_BOT_KEY="your key";
export TRADING_BOT_SECRET="your secret";
The environment variables will be available the next time you open a terminal.
----- Execution -----
Open a terminal.
Run "gdax-trading-bot" to start the execution of the program.
Press Ctrl + C to exit.
----- Donations -----
Please consider making a donation to the following bitcoin address (BTC):
|Last updated||2 November 2018|
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