Automate Your Crypto Trades: A Step-by-Step Guide to Creating a Binance Bot With Python

Konstantin Borimechkov
4 min readDec 16, 2023
Photographer: Gabby Jones/Bloomberg

Over the past few years, crypto grew in popularity. With that a lot of exchanges were created, one of which is Binance - the biggest one yet!

Imagine tapping into a platform where over 168 million people are actively trading cryptocurrencies. That’s the reality of Binance today!

But here’s the exciting part: in this article, we’re diving into the world of algorithmic trading bots. You’ll learn how to leverage Python to trade crypto more efficiently and enhance your financial strategy.

Ready to make your crypto trading smarter and your life a bit easier? 🤩Let’s get started!

What are we Building Today?

In short, we will build a bot that will wait for a crypto to reach the desired by us price and automatically buy the crypto!

With a bit more details, here is what the bot will do👇

  • Fetch real-time data about the latest price of given crypto pair (BTCUSDT)
  • Having a pre-set price target by us (the trader), the bot will wait until the this…

--

--

Konstantin Borimechkov

Writing Code For a Living 🚀 | Software Engineer @ Tide | Writing Blogs About Python & CS