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CyberPunkMetalHead / binance-trading-bot-new-coins

This Binance trading bot detects new coins as soon as they are listed on the Binance exchange and automatically places sell and buy orders. It comes with trailing stop loss and other features. If you like this project please consider donating via Brave.
MIT License
1.46k stars 270 forks source link

Profit? #91

Open kurzyx opened 2 years ago

kurzyx commented 2 years ago

I was wondering whether anyone has made profit with this bot yet?

It seems that the bot notices a new listing too late (20 seconds to a minute after a listing), resulting in it buying on the peak. This is not necessarily the bot's fault. The Binance API that is used probably caches the data at the origin server's side for up to a minute (also AWS CloudFront, but this is only 5 seconds).

Has anyone found a solution to this problem?

matt1966 commented 2 years ago

IMHO, it's blatant insider trader. I don't think there's a way to bypass it when they're purposely delaying the announcement.