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ccxt/binance-trade-bot

8,668PythonAudience · generalComplexity · 3/5Setup · moderate

TLDR

An automated trading bot for Binance that watches cryptocurrency price ratios and makes trades on your behalf to gradually accumulate more of each coin over time.

Mindmap

mindmap
  root((binance-trade-bot))
    What it does
      Automated trading
      Coin ratio tracking
      Accumulation strategy
    Tech Stack
      Python
      Docker
      SQLite
    Features
      Backtest mode
      Notifications
      USDT bridge trades
    Setup
      Binance API key
      Config file
      Docker optional
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Things people build with this

USE CASE 1

Run an automated coin-swapping strategy on Binance that trades around the clock without manual intervention.

USE CASE 2

Backtest the bot's trading logic against historical Binance price data before risking real funds.

USE CASE 3

Receive Telegram or Discord notifications every time the bot executes a trade or spots an opportunity.

Tech stack

PythonDockerSQLite

Getting it running

Difficulty · moderate Time to first run · 30min

Requires a Binance account with API credentials, real funds are at risk if not running in backtest mode.

In plain English

Binance Trade Bot is an automated trading program for the Binance cryptocurrency exchange. It runs continuously in the background, watching price ratios between coins, and makes trades on your behalf when conditions meet a threshold you configure. You connect it to your Binance account through an API key, tell it which coins to watch, and let it run. The strategy behind the bot is based on the observation that cryptocurrencies tend to move up and down relative to each other over time. The idea is to always shift from a coin that is currently outperforming into one that is lagging behind, on the assumption that the lagging coin will eventually catch up. Because Binance does not have direct trading pairs between every coin, the bot routes trades through a bridge currency (USDT by default): Coin A is sold for USDT, and then that USDT is used to buy Coin B. The bot only makes a trade if doing so results in holding more of the target coin than it held the last time it visited that coin, accounting for trading fees. The goal is to gradually accumulate more of each coin rather than hold a fixed amount. Setup requires creating a configuration file with your Binance API credentials, your starting coin, the list of coins you want to participate in, and a few trading parameters like how long to wait between scans and how large a margin is required before triggering a trade. All of these settings can also be passed as environment variables, which is convenient for running in containers. The bot can send you notifications through a wide range of services (Telegram, Discord, Slack, and others) using a library called Apprise. A Docker image is provided for those who want to run it without installing Python dependencies manually. There is also a backtesting mode that lets you test the bot's behavior against historical price data before running it with real funds. Financial risk is real with any automated trading tool. The README acknowledges that a coin can freefall relative to others, which would work against this strategy.

Copy-paste prompts

Prompt 1
Set up binance-trade-bot with my Binance API key, a starting coin of USDT, and a watchlist of BTC ETH BNB, show me the complete config file.
Prompt 2
How do I run binance-trade-bot in backtest mode to simulate trades over the past 30 days and review the results?
Prompt 3
Deploy binance-trade-bot using Docker with environment variables for the API key so credentials are never stored in a config file.
Prompt 4
How do I add Telegram notifications to binance-trade-bot so I get a message every time it executes a trade?
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