Trace: • binance_guide
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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.
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.