Localbitcoins Automated Price Comparison and Advertisement Price Setting
£20-250 GBP
Completed
Posted over 6 years ago
£20-250 GBP
Paid on delivery
The concept is that using by several variables we can set my brokers' advertisement prices in an automated fashion - I wish to maintain as high a profit margin as possible by only competing against other traders who hold similar stocks of Bitcoin for sale. This will be achieved by utilising the Localbitcoins API and a few Bitcoin exchange API's: Bitstamp, Bitfinex, and Kraken.
The variables are as follows:
minimum_profit_margin - The lowest profit margin I am willing to go to. An example would be that if the average Bitcoin price across the Bitcoin exchanges was £4000 and I wanted a 3% profit margin then the advertisement price would never go lower than £4120.
maximum_profit_margin - The highest profit margin I am willing to go to.
trader_limit - The minimum GBP limit I want to compete against. An example would be if this variable was set to 10000 then we would only compare against other traders which have a minimum of 10000 GBP for sale. Any traders holding below this amount of GBP for sale will be disregarded in the price comparison.
price_difference - Dictates how we price against the cheapest competitor trader. 0 = match price, -0.01 = undercut by 1p and +0.01 = overprice by 1p.
I also wish to include slight randomness in the price setting due to having several of my own brokers selling at the same time and I do not want them to have the same price. I also have to be fair with who is the cheapest and for how long; to this effect once the price has been output by the bot then I wish 1 of my brokers to have that price, another to be 10p more expensive and so on. Who receives the cheapest price must be refreshed every x amount of minutes (to be decided).
Hello, it's me you are looking for as i already have an experience in making trading bot on several exchange sites.
I have rich experience in using APIs of bitcoin exchanges such as Bitfinex.
Relevant Skills and Experience
Please contact me to discuss more about your logic and server management.
Thank you.
Proposed Milestones
£150 GBP - further more on chat
£150 GBP in 3 days
5.0 (5 reviews)
6.1
6.1
5 freelancers are bidding on average £155 GBP for this job
Hi, I use this site as well. I can write a script for automating this task.
With statistical engineering we can improve the algorithm. If you like...
Relevant Skills and Experience
python
Proposed Milestones
£140 GBP - Complete
I have 7+ years in bitcoin - website design & development with very good experience.
Relevant Skills and Experience
I am good in Bitcoin, Python, Windows Server
Proposed Milestones
£200 GBP - Cost