Trading bot for LocalBitcoins Let our bot do the work for you, it’s faster and easier!
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OUR BOT IS 20 TIMES MORE PROFITABLE THAN A CRYPTOCURRENCY TRADING BOT This project is developed for cryptocurrency traders.This presentation does not disclose some system features protected by the NDA agreement.

Private project

This project is developed for a group of cryptocurrency traders.This presentation does not disclose some system features that are protected by the NDA agreement.

The bot operation mechanisms and special features of algorithms well-known to traders (but that are not particularly trade secrets) are demonstrated here.

Private project

Trading strategy

Our trading bot holds your first place position in accordance with the specified minimum and maximum levels.

Trading automation

completed cancel
01
04
ВSelection of requisites

  • A new wallet every time

  • New IP for each wallet

  • LocalBitcoins do not pick up on the trading process being performed by a bot

Binding of wallets

  • A new wallet every time

  • New IP for each wallet

  • LocalBitcoins does not notice that trading process is performed by a bot

Checking of receipts

  • The bot checks wallet balance

  • If the funds are OK, the bot switches transaction status to “COMPLETE”

Cancellation of payment

  • The bot controls transaction status

  • If transaction is cancelled, the bot detaches the wallet from this transaction

  • The bots starts a new transaction

Tools

Changing settings via a console

A number of commands help you to quickly manage bot settings, for example, to set minimum and maximum thresholds.

>_Terminal - localbitcoin trade bot
Welcome, type "help" to get commands

webdelo@tradebot:~$ ~/code$ bash change_password.sh


webdelo@tradebot:~$ echo "Printing text with newline"

webdelo@tradebot:~$ echo -n "Printing text without newline"

webdelo@tradebot:~$ echo -e "\nRemoving \t backslash \t characters\n"

webdelo@tradebot:~$ echo "Enter username"

webdelo@tradebot:~$ echo username

webdelo@tradebot:~$ echo "Enter password"

webdelo@tradebot:~$ *****

Management via Telegram

You can conveniently manage your trading activities using Telegram application.

  • Receive notifications

  • Confirm transactions

  • Start a transaction

Tools

How it works Mainprocess Scripts for processing Service LocalBitcoin -->

Fast and limitless queue processing

  • Queue handler analyzes all tasks on LocalBitcoins and in Telegram

  • After that, it marks them for the scripts to understand which task is theirs

  • Now the tasks are conditionally placed in the script queue

What are the benefits of this approach?
  • 1

    Tasks are run independently

  • 2

    Tasks are processed asynchronously

  • 3

    It speeds up the processing of operations due to the possibility of scaling the number of handlers

Technology stack

Backend
+
APIs
Telegram Bot API
Proxy API
Other

Results:

0

Processing of up to 100 transactions per minute

Once-a-second monitoring of market depth

LocalBitcoins and QIWI protection from blocking

  • Asynchronous monitoring of transactions

  • Easy service scaling

  • Management of trading via a mobile phone

  • Anonymous connections to services via PROXY

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