This bot allows you to sit back and relax while it automatically invests in cryptocurrency on the Binance exchange for you. The bot allows you to set up recurring buys for any cryptocurrency supported on the exchange at any interval you want. Both fiat to crypto and crypto to crypto purchases supported.
Sign up to Binance if you do not already have an account and complete any verification that may be required. You can use my sign-up referral link here if you wish: https://www.binance.com/en/register?ref=W3V44WHT. By using this link you earn a small amount of BTC commission on any trades I make.
Create a new API key on Binance. You should select Enable Reading and Enable Spot & Margin Trading for the restrictions.
Node.js v13 or higher required.
git clone https://github.com/lukeliasi/binance-dca-bot.git
cd binance-dca-bot
npm install
Create a config.js file in the root, you can copy the example template:
cp config.example.js config.js
Fill out each part of the config.js adding your Binance API keys and set up the buys.
| Option | Description |
|---|---|
binance_key |
Your Binance API Key |
binance_secret |
Your Binance API Secret |
sendgrid_secret |
An optional SendGrid API key for the bot to send you email notifications when buy orders are executed |
notifications |
If using SendGrid notifications this value should be an object structured like so: notifications: { to: "example@example.com", from: "noreply@example.com" } |
buy |
Array of objects for each buy you want to set up. |
| Parameter | Description |
|---|---|
asset |
The asset you want to buy |
currency |
The currency you want to use to buy the asset. E.g: "USD", "GBP", "BTC" etc... |
quoteOrderQty or quantity |
Use quoteOrderQty for the amount you want to spend/invest or alternatively you can set quantity to buy a set amount of the asset regardless of price. Note Binance trading rules pairs have minimum and maximum order sizes |
schedule |
A cron expression to set when the buy order should execute for this asset. See Crontab.guru for help setting up schedules. You can omit this schedule parameter and the buy order will execute immediately |
Use this command to start the bot: npm run start. The program must stay running, and it will execute the buy orders at the defined schedules using cron jobs.
Consider running the bot in the cloud, so you do not need to run the bot constantly on your machine. I personally recommend and use a Vultr Cloud Compute VPS instance as the cheapest option. You can use my referal link here to receive $100 of credit for free: https://www.vultr.com/?ref=8768322-6G after you sign up.
You will want to use PM2 process manager or similar on the server which keeps the bot running and can restart the bot automatically if the server or program crashes.
Remember the remote server may be in a different timezone to you, run the command date to see the servers timezone to configure your cron accordingly.
For further automation you can deposit funds into your Binance account automatically via bank transfer. Simply initiate a fiat deposit (bank transfer) via the Binance website and note down the bank details you need to pay to. The reference code and other details never change, so you can set up a standing order with your bank to automatically transfer money to Binance on a schedule with these details.
As an exmaple, you could set up a standing order to deposit to Binance the day after you get paid, and then configure the bot to purchase your crypto the following day.
If you found this project helpful and would like to support me, you can donate to one of the following crypto addresses:
- BTC: 1LeisHRv4yLyzQg6M79f48ej9cnkruh6WH
- ETH: 0x804d2f31cc49a68011271b1d56884d0efa9e9ce9
- DOGE: DBa2UFwonN4QcunXY8Thev9oCxMkDrr9rm
- XRP: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh tag: 101391719
- USDT: 0x804d2f31cc49a68011271b1d56884d0efa9e9ce9
Use at your own risk. I am not liable for how you use the bot.