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Binance Guide

Things you should know before start using the bot on Binance

  • You should enable fees in BNB from your Binance account.
  • You should buy some BNB to cover the fees.
  • You should manage your BNB amounts and manually buy more when needed.
  • You can safely convert the remaining dust to BNB.
  • Avoid converting to BNB the currencies that you have some small amounts left in the Bank Monitor, or if you do make sure to manually remove the leftovers from the Bank Monitor.

Binance Strategies

Currently you can choose between 2 triangular arbitrage strategies. For now the strategies can be switched only on start with command line argument -s, the default strategy is #2. For more info about the command line arguments check here.

Strategy #1

This is our standard strategy. It will execute order on pair #1 even if you have usable funds in the bank.

Strategy #2

This is new strategy currently available only for Binance. It will skip order on pair #1 if you have usable funds in the bank which will lead to shorter execution time and less risk of unfilled orders.

binance_guide.txt · Last modified: 2019/07/02 07:28 by administrator