Coin Profit Alert Bot for 5 Exchanges, Detailed Development Guide with Python

Even for the same coin, the price varies depending on the exchange.

So, will only the kimchi premium occur?

We'll show you how to develop a stable arbitrage alert bot using exchange APIs and WebSockets . Watch the video to see how the program you'll create works!

• Trading using a trading strategy isn't necessarily the only way to generate profits. Futures trading allows you to bet on both long and short movements, but if the markets diverge, you could incur losses in both directions. Instead , identifying premiums between exchanges and exploiting these differences in arbitrage trading offers a much more stable way to generate profits.

• 

  _{Sideways, down, up
  Any market
  'Constant profit expectation' (when hedging is used)}

  

  _{Real-time trading across 5 exchanges
  With premium verification
  'My own notifications'}

  

  _{Why aren't my coins going..?
  No need to look at the chart every day
  'Save time'}

• Let's take advantage of the barrier to entry! Premium content you wouldn't know about without a notification bot.
  Even if you sit in front of your computer all day, you won't be able to check the premiums generated by exchanges listing hundreds of coins. Therefore, those of you who have learned how to develop this notification bot will have a powerful weapon in the cryptocurrency market.

Q. I don't know Python programming. Is that okay?

Q. Is this an automated trading program?

No, this course covers the development of an alert bot that checks coin prices, which can vary across cryptocurrency exchanges . This allows you to check coin prices in real time, but it's up to you to decide whether or not to use this information for arbitrage trading.

• API-enabled exchanges: Upbit, Binance, Bybit, OKX, Bitget (5 exchanges in total)
• Operating system: Windows 10
• Development environment: Pycharm, Anaconda
• Programming language: Python 3.9

☑️ Notes

• Start by testing small amounts slowly !
  • When a premium occurs, try arbitrage trading with small amounts of less than 1 million won. No more all-in-one investments!
  • The exchange says deposits and withdrawals are available, but it can take a long time to confirm. It's important to gain some hands-on experience, even if it's just a small amount.
  • If the price drops while transferring coins, you may not see any profit. Therefore, you must hedge your losses using futures or margin trading.
• Please check the travel rules and KYC carefully!
  • When depositing or withdrawing coins, you must use an account verified by the same account holder.
  • Due to travel rules, Upbit deposits and withdrawals are only available on certain exchanges. Please be aware!
• The CoinPremium project presented in this lecture is not a program that guarantees profits.
  • It is up to you to determine whether to take an arbitrage trade or not after confirming the premium has been generated.
  • The program provided in this course only provides notifications.