So the FTX bot that I built performed better than expected. It scanned the exchange without crashing and manage to purchase the target coins in less than one second.
The weird that I noticed — The average price that I manage to purchase the coins was USD14.05, but the listed price is USD10 😕😕😕 (in less than one second the price shot up 40%)
Did some further digging to get the historic trades but unfortunately the exchange only had them in 15-second intervals. So I could not actually measure how fast did my bot perform relative to others AND find out what went on from t0-t1 seconds.
As of today, the coin is at $13.10 👉 AURY/USD.
Summary:
- Built bot to scan exchange for new listing and automatically place order
- Utilized Azure to improve server API request time by 75%
I am always open to criticism and feedback. Please do contact me at junzhongloo@gmail.com if you would like to connect. Peace ✌️
