[help] first steps to create a crypto trading bot

adigb92 · January 12, 2023, 4:06pm

Hi, i am a new developer still on course, and for my project i would like to create a crypto trading bot using nodeJS and binance API , what do i have to do ?

i already have binance account and installed nodeJS

aisling2 · January 13, 2023, 3:29am

This is subjective, depends on what each person wants the bot to do.
You can have your plan and look into the API documentation to see if it’s achievable.

TS_ST · February 1, 2023, 11:21am

Depends what you want to do. I always recommend to start small - automate smaller things to help you. E.g. start monitoring for activity on your account using the user-data stream - node.js example (with some typescript): binance/ws-userdata.ts at master · tiagosiebler/binance · GitHub

Or try buying and selling spot assets using the API, e.g. this buys BTC using USDT and sells it again:

github.com

tiagosiebler/binance/blob/master/examples/rest-spot-private-trade.ts#L27-L49

      
        
            /**
             * This is a very silly demonstration on placing market orders using various parts of the module.
             * By default it will use 50% of your available USDT balance to buy BTC and sell it again.
             */
            
            
(async () => {
              try {
                /**
                 * Get available balance
                 */
                const balance = await client.getBalances();
            
            
    const usdtBal = balance.find(assetBal => assetBal.coin === 'USDT');
                // console.log('USDT balance object: ', usdtBal);
            
            
    const usdtAvailable = usdtBal?.free;
            
            
    if (!usdtBal || !usdtAvailable) {
                  return console.error('Error: funds to trade from USDT');
                }

This file has been truncated. show original