binance-dca-bot

A dollar cost averaging bot for the Binance Cryptocurrency Exchange.

About

This bot allows you to schedule recurring buy orders for any trading pair available on the Binance cryptocurrency exchange.

What is dollar cost averaging? Dollar cost averaging DCA refers to the practice of investing fixed amounts at regular intervals (for instance, $20 every week). This is a strategy used by investors that wish to reduce the influence of volatility over their investment and, therefore, reduce their risk exposure.

Getting Started

Prerequisites

• NodeJs v14

Installation

1. Get your Binance API keys. You can learn how to from this tutorial

2. Clone the repo

   git clone https://github.com/MlkMahmud/binance-dca-bot.git

3. Install dependencies

   cd binance-dca-bot
   npm install

Configure environment varibles

Environment Key	Description	Sample Value	Required
BINANCE_API_KEY	Binance API key	from Binance	True
BINANCE_API_SECRET	Binance API secret	from Binance	True
BINANCE_TESTNET_ENABLED	Enable/Disable Binance test mode (defaults to true). You must explicitly set this value to false if you want to run the bot in live mode	true/false	False
DB_URL	A valid MongoDB connection string. Learn more	mongodb://mongodb0.example.com:27017	True
JWT_SECRET	A string or buffer containing either the secret for HMAC algorithms, or the PEM encoded public key for RSA and ECDSA	helloiamasecretkey	True
PORT	The port you want your server to listen on	3000	False
SENTRY_AUTH_TOKEN	The authentication token to use for all communication with Sentry.	from Sentry	False
SENTRY_DSN	The Data Source Name (DSN) to use to connect to Sentry	from Sentry	False
SENTRY_ENABLED	Enable/Disable Sentry	true	False
SENTRY_RELEASE	A release is a version of your code deployed to an environment. When you notify Sentry about a release, you can easily identify new issues, regressions, whether an issue is resolved in the next release, and apply source maps. Learn more	v0.0.1	False
SENTRY_ORG	The slug of the organization to use for a command	from Sentry	False
SENTRY_PROJECT	The slug of the project to use for a command.	from Sentry	False
SLACK_ENABLED	Enable/Disable Slack notifications	true	False
SLACK_WEBHOOK_URL	Your Slack webhook URL	from Slack	False
TELEGRAM_ENABLED	Enable/Disable Telegram notifications	true	False
TELEGRAM_BOT_TOKEN	Authentication token for your Telegram Bot	from Telegram	False
TELEGRAM_CHAT_ID	The ID for your Telegram Group/Channel	from Telegram	False
TIMEZONE	The default timezone to use for the job scheduler (must be moment compatible)	Africa/Lagos	False

Run the bot

To start the bot in developement mode run

npm run dev

N.B. This command loads environment variables from the .env, if it exists

To start the bot in production mode run

npm run build
npm start

N.B. This command does not load env variables from the .env file, even if it exists.

Deployment

There are no strong constraints regarding deployments. The bot is a Next.js application powered by a custom Express server, so there are a myriad of options to choose from. I personally host my mine on an Azure Virtual Machine and I automate my deployments using GitHub Actions.

Some of my personal favourite options for deployment:

• Render
• Heroku

Features

Portfolio

View up to date balance of all assets in your portfolio

Authentication

Enable password

Update password

Disable password

Jobs

Create a new job

Edit an existing Job

Pause/Resume a Job

Delete a job

View Job order history

Notifications

Enable Slack and Telegram Notifications

Todo

• Fix: unpausing a job causes the job to run immediately, instead of waiting for next scheduled interval.

Built with

• Express.js
• Next.js
• React
• MongoDB
• Agenda
• Chakra UI

Disclaimer

Please, use at your own discretion. I will not be liable for any losses or hardship incurred from using this bot. ✌

License

Distributed under the MIT License. See LICENSE for more information.