Market-making is an important part of the cryptocurrency market, providing liquidity and price stability. Traditionally, market making was done manually, but in recent years, market making bots have become a popular tool for automating this process.
Open Source + Download: https://github.com/toxictoskey/DEX-AutoTrader-Bot
Market-making bots are software tools that use algorithms to automatically place buy and sell orders on cryptocurrency exchanges. They are designed to maintain the spread between buy and sell prices, providing liquidity and facilitating trading for other market participants.
Open Source + Download: https://github.com/toxictoskey/DEX-AutoTrader-Bot
I have developed a bot to profit from the spread that is not affected by market fluctuations and has no technical glitches.
The bot works on multiple DEXs such as PancakeSwap, Uniswap, Sushiswap and more
The bot supports any assets you add
Main functions
▬ Create Wallets
▬ Use existing Wallets
▬ Funds all your wallets: Effortlessly transfer funds from the main wallet to all other connected wallets
▬ Fund your main wallet: Consolidate funds from all other wallets into your main wallet for centralized management
▬ Trigger on time (seconds): Set automated buy and/or sell triggers to execute transactions at specific time intervals
▬ Triggers on price
▬ Triggers on Gas Price: Trade only if gas price is less than your settings
▬ Dynamic Allocations on Buy: Use a certain percentage of the amount of main coin in the wallet for your buy transactions
▬ Dynamic Allocations on Sell: Use a certain percentage of the amount of your selected coin in the wallet for your sell transactions
▬ Automatic order management
▬ Real-time market analysis
▬ Delta strategy
▬ Volatility strategy
▬ Randomize the amount to buy
▬ Trade with any wallet
▬ Auto GWEI
▬ Live trading data: Access real-time trading data, including the number of buys, sells, volumes, and percentage of variation over different time intervals (5 minutes, 1 hour, 6 hours, 24 hours)
▬ Force Buy and Sell
▬ Triggers on Volumes: Trade only if the volume in the past 24 hours, 6 hours, or 1 hour is above or below a specific threshold
Step-by-Step Guide
1. Bot customization
You need to customise it to suit your trading strategies and preferences. This may involve customising parameters such as:
Price Spread: The difference between the buy and sell prices.
Order Volume: The amount of cryptocurrency you want to buy or sell at one time.
Hold Time: How long you want to hold the position before closing it.
2. Connect the bot to the exchange
In order for a market making bot to place orders and execute trades, you need to connect it to a cryptocurrency exchange. To do this, you will need to provide the bot with an API key that will allow it to interact with your account on the exchange
3. Start the bot
Once you have configured and connected the bot, you can launch it. The bot will automatically track the market and place orders according to your trading strategy.
4. Monitoring bot performance
It is important to monitor the performance of your market-making bot to make sure it is performing according to your expectations. You can use the bot’s control panel or third-party tools to analyse its profitability, spreads and other indicators.
Topic: Crypto Project Liquidity Boost (Read 36 times)
Jump to: