It seems like I just created a DCA futures bot, but it’s already been running for 11 days.

Why did I decide to launch this particular bot? The thing is, I’ve been using them quite successfully

on a third-party platform for about five years now. But there, you have to give up up to 20% of your profits, whereas on the exchange,

it’s a free service for now))). But of course, there are downsides too. On the platform, I can

change any parameter affecting the bot’s operation at any time. Here, you can only do that by stopping

the bot. That’s not always convenient, especially if the bot has opened a position and it’s in the red.

This is certainly not the only downside, but let’s not dwell on the negative—the goal was to check if there’s a place

for such bots on the Binance exchange),

The results are mixed, especially since we have something to compare it to. Over 11 days of operation, the bot put

a whopping 3.5% profit on our deposit, meaning we can potentially expect

10–12% per month, and that would be around or slightly over 100% per year. That doesn’t seem too bad, considering that this

will be pure profit and we won’t have to give 20% to the creators of a third-party platform.

These are the preliminary results of the $SolUsdc futures DCA bot, which the exchange kindly allowed us to create))).

All the best, looking forward to comments and questions.

AndyDema

#DCAbot #Binance #Futures #CryptoTrading #CryptoBots #BinanceFutures #AlgoTrading