Closed MBillar closed 3 years ago
Hi @MBillar :wave:
Thank you very much for opening the issue :+1:
I need to admit that I never used any leveraged products from Binance, but I think I would be personally interested in getting my head around those at some moment :sunglasses:
Just for reference for people not aware of what Coin-M is => Coin-Margined Futures Contracts Another article from Binance: Three Benefits of COIN-margined Perpetual Futures That You Need To Know
In general - for new people this is no go - you can lose all your money in a matter of minutes (this is not financial advice)
This isn't "trading crypto" anymore(which binance calls "spot" - like "trading on the spot"), it's a completely separate product that has its own API that differs in many ways from "Spot API": Coin-Margined Futures Contracts API
As it's a new API - I believe that the binance
module doesn't support it and this would be the biggest hurdle to start trading - I would be happy to draft the initial PR(inside the binance
module's repo) that will bring Coin-M support to very limited number of calls and somebody could pick it up from there as I won't use it in the immediate future - or you could do the whole PR yourself?
From the perspective of this course (and the book), I believe that Coin-M is not bringing anything new to the table(from the architectural/Elixir/OTP point of view). The strategy would change dramatically but the point of the course is not the strategy but Elixir/OTP.
I hope that's an acceptable answer :wink:
Thanks,
Kamil
Holly uck, surprisingly detailed answer. Write to my telegram: censored I can share all the chips and secrets in the name of your work, if there is a desire to refine
As per my previous response, support for Coin-M would be a nice feature for advanced algos/high-risk algos but it wouldn't bring any new technical challenges so it's not a good fit for the course. I will probably investigate the topic after finishing the series as an addon for people that are interested in trading instead of Elixir. Thank you once again for your suggestion :+1:
Subject:)