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I built DCAStack.com - An Automated Dollar Cost Averaging Bot for Binance (and more)!

Binance

Cryptocoins Exchanges / Binance 178 Views

DCA Stack - An Automated Dollar Cost Averaging Bot for Your Crypto

Website: https://www.dcastack.com/

Source: https://github.com/Shazman96/DCAStack

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Why?

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I built this web app because I wanted a better way to automate my DCA purchases. While Binance does offer recurring buys, I found that it lacked the flexibility to DCA into any crypto (also the fact that I had to use a CC, that's additional fees?). I wanted something more so I went ahead and built this app, DCA Stack. Not only does it connect to Binance, but over 100 exchanges as well which makes DCA Stack a central hub to automate all your DCA schedules. And it all works with the FIAT/stablecoin you have on your exchange, so no more credit card juggling (some of my CCs wouldn't even go through).

And so DCA Stack was born, completely free, hoping to restore your purchasing power and ability :)

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How does it work?

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It works by directly interfacing with the APIs you generate on Binance. What this means is that it trades on your behalf with funds on your account, you don't send any funds to DCA Stack. All trading takes place within Binance at all times. For this to work, your API keys need to be enabled with the reading and spot trading permissions (for portfolio dashboard and order placing). Please NEVER EVER enable transfer permissions. We don't need it and we want to keep everyone safe by mitigating the risk of using your API keys with bots.

Now I know what my mom used to say about trusting strangers on the internet with your API keys and crypto...so I also made the source code public! You can view, audit, and raise issues on anything you find strange. Initially, I wasn't going to but in the spirit of "Don't Trust, Verify", I figured the only way people would ever use a service like this is knowing it is safe to use. This should be the standard in the world of crypto and anything that uses your API keys to trade for you.

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Note on Bugs :O

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There may be bugs so please only use funds you're willing to spend and keep only the funds necessary to facilitate order trading per your DCA.

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Looking forward to the community's thoughts and getting early user feedback!

submitted by /u/SatsStacker69
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