How to install GDAX Trading Bot
on Ubuntu

GDAX Trading Bot snap

GDAX Trading Bot

Kenshiro (kenshiro-gohan)

Trading bot for the Coinbase Pro exchange

This program is an automated trading system that can autonomously trade the LTC / BTC and ETH / BTC pairs 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.

----- Trading strategy -----

The trading strategy consists of issuing a large number of low value orders. The program continuously monitors the price of each coin and issues a market 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 -----

The seed is the amount of each coin that the program will trade continuously to earn bitcoins. This snap uses 1 litecoin and 1 ethereum as seeds.

You should be able to buy at least 10 seeds of each coin with your initial bitcoin balance. The more seeds you can buy, the easier it will be to recover from a losing streak.

----- Example -----

Your seeds are set as 1 litecoin and 1 ethereum

The price of litecoin is 0.01 btc and the price of ethereum is 0.02 btc

You should be able to buy 10 seeds of each coin with your initial bitcoin balance

Your minimum bitcoin balance should be: (0.01 + 0.02) * 10 = 0.3 btc

----- 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:

TRADING_BOT_PASSPHRASE

TRADING_BOT_KEY

TRADING_BOT_SECRET

----- Execution -----

Open a system console

Run "gdax-trading-bot" to start the execution of the program

Press Ctrl + C to exit

----- Source code -----

https://github.com/Kenshiro-28/GDAX-Trading-Bot

----- Donations -----

Please consider making a donation to the following Bitcoin Confidential address (BC):

B9uuWVj83v75AHNpDnmwxPFSoGooKwZiS2zL9bRQirBT7WWQaa6LfkuwbP8K9Z15xTrySeFbTzo2FdJVse9xexH9tTN25bpWvw4kDE

Details for GDAX Trading Bot

License
GPL-3.0+
Last updated
18 July 2019

Enable snaps on Ubuntu and install GDAX Trading Bot

Snaps are applications packaged with all their dependencies to run on all popular Linux distributions from a single build. They update automatically and roll back gracefully.

Snaps are discoverable and installable from the Snap Store, an app store with an audience of millions.

Enable snapd

If you’re running Ubuntu 16.04 LTS (Xenial Xerus) or later, including Ubuntu 18.04 LTS (Bionic Beaver), Ubuntu 18.10 (Cosmic Cuttlefish) and Ubuntu 19.04 (Disco Dingo), you don’t need to do anything. Snap is already installed and ready to go.

For versions of Ubuntu between 14.04 LTS (Trusty Tahr) and 15.10 (Wily Werewolf), as well as Ubuntu flavours that don’t include snap by default, snap can be installed from the Ubuntu Software Centre by searching for snapd.

Alternatively, snapd can be installed from the command line:

Either log out and back in again, or restart your system, to ensure snap’s paths are updated correctly.

Install GDAX Trading Bot

To install GDAX Trading Bot, simply use the following command:

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