1. What is the Open-Source Project?
https://hummingbot.io
2. How much money can I make?
This greatly depends on what package and strategies you use. For example using the lower tier strategies such as the pingpong bot, I’ve used portfolio size of $50 and order sizes of $10. Have not tried it with larger amounts, however the strategy was able to bring in 1%-5% a day, and one weeks profits resulted in $10. Some customizations and further testing should be done to measure whether performance is reciprocal for larger amounts.
3. How Much Profit and Rate of Return Does the Premium Crypto Trading Bot Earn?
4. So the bot will make like 40-50% a month ?
5. Can you help me set up a bot to support passive income?
Yes.
6. Do you have an informational video/walkthroughs explaining more about your bot?
For more information on how the overall bot works and all its features please visit the project site at hummingbot.io . They also have YouTube videos describing the bot. Upon purchasing a package you will receive all my custom documentation, video, tutorials, and walkthroughs of how my specific strategies operate.
7. What are your supported exchanges?
All supported exchanges along with the strategies that will work on such exchanges can be found here: https://hummingbot.org/exchanges/
8. Which spot exchanges can I connect to?
Spot Exchanges: AscendEx, Beaxy, Binance, Binance US, Bitfinex, BitMart, Bittrex Global, Blocktane, Coinbase Pro, Coinzoom, Crypto.com, Digifinex, Gate.io, HitBTC, Huobi Global, Kraken, KuCoin, Liquid, MEXC Global, NDAX, OKEX, ProBit Global, ProBit Korea, Loopring, and WazirX.
9. What perpetual exchanges can I connect too?
Binance Futures, Bybit, and dYdX Perpetual
10. What AMM can I connect too?
Balancer, Celo, Perpetual Finance, Terra, Uniswap, and Uniswap v3.
11. How many trades per day (for $120 package)?
It varies. Please see here for details on how return rates are calculated: Profit and Rate of Return for the Premium Crypto Trading Bot?
12. What’s the mini-max profitability in % age per trade?
For the lower tier packages the percentage and rate of return is much less/slower than the premium package. Order age and how long orders remain on order book before being filled are also take much longer to execute than the Premium Crypto Bot package.
13. Can your bot trade all time frames?
Yes bot can trade all time frames. You can customize when and where you want to have your orders executed or what ranges you would like the bot to be trading in.
14. Does the bot have the capacity for portfolio management?
There is a feature in the bot called inventory skew. This feature allows you to determine how much of the asset in your trading account the bot should keep or attempt to reach. For example if you were to trade BTC-USDT, and set this setting to 50%, the bot would continue trading fo you but adjust each order it places so that your inventory for Bitcoin and USDT will always remain 50 – 50 split.
15. Can the bot be deployed across all exchanges?
Each bot can only trade on a single exchange at a time. Unless you are utilizing the arbitrage strategy which looks for profitable swapping opportunities across a maximum of 2 exchanges at a time, the bot will only be capable trading on one exchange at a time.
16. Can the bot be used in arbitrage trading?
Yes absolutely. The arbitrage trading strategy allows you pick 2 separate exchanges, the coin pairs you wish to arbitrage, and the minimum profitability for the trade to execute. Then when turned on the bot will search for your parameters and when they exist on both exchanges, it will auto execute the swap for you, repeatedly until you turn off the bot.
17. Can you create a crypto trading bot with a smart contract?
Not at this point in time. The only smart contracts this bot can operate on involve those mentioned on hummingbot AMM decentralized exchanges connectors page:
18. How much does our bot make a month?
It varies. The lower tiers will earn less, see FAQ #2 above. While the higher tier will earn much more, see FAQ #3 above.
The maximum amount I have been able to make monthly is over 50% return using $250 and the premium package startegy.
19. Can you make adjustments/ debug my coded Python?
No. I do not have the skill set at the moment to debug other trading bot Python codes.
20. Is source code included?
Yes, source code is included
21. What kind of strategy will the bot use?
Arbitrage, New Coin Listing, PMM (futures), Pump Dump, LM (Premium), Pingpong, Gridbot, In & Out Bot. Based on what package you get determines what strategies you can use. As mentioned in the gig, lower tier comes with around 5 strategies, the second tier up from their includes 8, and the Premium package includes all plus my most profitable. If you install on virtual private server then you can use run a single strategy with the bot. If you decide you want to run multiple bots and strategies at the same time. I can also assist in setting up more bots with these strategies.
22. Do you do pump and dump bots?
Yes.
23. Can you make a bot that buys and sells based on SUPERTREND and USING MARGINS?
My PMM (Perpetual Market Making) bot can utilize leverage for margin trading on perpetual exchanges. I do not a have the capability to use super trend or other indicators yet. Coming soon feature.
24. How long does the arbitrage take?
I myself do not use arbitrage to frequently because you have to wait for the opportunities to present themselves before you can arbitrage. In terms of how long till trades are executed will depend on what market you choose. Some markets will take longer than others, while some will be much quicker. I cannot give a defiant answer as to “how long”.
25. Can you do intra arbitrage with the software?
If you are referencing, day trading arbitrage then yes. If not, then no I am not familiar with this.
26. Do you know how to write code for a flash loan?
Not yet.
27. Can you edit a Web3 smart contract?
Not yet, above my capabilities. The only web3 I can enable is here: https://hummingbot.org/exchanges/
28. The bot sends Buy & Sell signals, do you have an example or template how the stop-loss/take-profit signal will work?
The stop-loss feature works in 2 ways. Normally a stop loss feature is only available when your trading futures see here if your interested in this example. Otherwise, the stop-loss parameter that can be used in all other strategies is called the kill switch. You can set a number in terms of % lost or gained (take-profit), then when this number is calculated on your current trading history by the bot, it will shut down and cancel all open orders.
29. What is the ROI of the arbitrage bot?
I do not have this number or percentage available as I have not used this strategy myself long enough to give a accurate answer. When arbitrage occurs is based on a few factors. Your separate exchanges (ex. Binance, Kucoin) and the market trading pair (BTC), and lastly the min_profitability parameter described here: https://hummingbot.org/strategies/arbitrage/#spot
30. Can the bot lose or is there a guarantee that I want to make sure the bot doesn’t produce loses?
Yes but it’s very unlikely. And there is a way to enable a kill switch associated with the bot it just in case it happens, you can cut any losses that might occur short. I rarely have this happen to me. I believe the most I’ve ever lost in a single week was NOT greater than the profits I earned in that same week. That week I lost a total of -$16 (using $250 to trade with) but my profits of $35 for that week out weighed my losses.
31. Can you create indicators?
I cannot create indicators yet.
If you would like to purchase or message me about further questions you can do so on my order page here:
https://www.fiverr.com/israel_landes/install-configure-a-crypto-trading-bot-on-local-pc
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