4 ms·

Manually? So every week you do 30 separate trades on Bittrex? Seems like a lot of work and also you have 30 transaction fees (including the spread cost) for o

• jstanley 9y ago
  Transaction fees (including the spread cost) on cryptocurrency exchanges are typically a percentage rather than a fixed amount. So it doesn't matter if you do $100 every week or $400 every four weeks.
  • quantdev 9y ago
    Yes, you're correct -- my mistake. Bittrex's fees are 0.25% of each trade. My point about doing 30 trades every week manually is a lot still stands though. Maybe I'll try scripting this with Bittrex's API. It would be cool to have an option to scale each trade size by the current relative market cap, so you can have your own crypto index fund.
    • bpicolo 9y ago
      .15% I think it is? Or is that a different fee class
    • charlespwd 9y ago
      That's exactly what I did. I'm doing it on poloniex, but I'm pretty sure you could do the same for bittrex too. However, they are a bit limiting on the kind of orders you can make (I believe it's limit orders only). Poloniex has fill or kill orders, which makes some things easier to handle. https://github.com/charlespwd/crypto-trader https://github.com/charlespwd/crypto-trader