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DEXBot Free Open Source Market Making Bot

DEXBot - The Free Open Source Market Making Bot for the BitShares DEX. CEX to DEX Arbitrage feature is under development right now.

DEXBot Liquidity Report
To add your bot to the statistics report and to see how much liquidity has been reported by DEXBot users please see: http://35.183.47.60/survey.html
Please note that users submitting their accounts for liquidity monitoring is voluntary and such liqudiity reports are an estimation and does not represent the real total liquidity provided (yet!)

Telegram Channels:

t.me/DEXBotbts
t.me/btsMarketMakers

Twitter:
https://twitter.com/dexbot_team (https://twitter.com/dexbot_team)

Links:

DEXBot code hosted at: https://github.com/Codaone/DEXBot (https://github.com/Codaone/DEXBot)
DEXBot Website: https://dexbot.info (https://dexbot.info)
DEXBot Steemit for Reports and Info: https://steemit.com/@dexbot/ (https://steemit.com/@dexbot/)


Register your DEXBot account so that the total liquidity provided by DEXBot can be calculated: https://35.183.47.60 (https://35.183.47.60) (This tool does not track your account in any way except to total the amount of assets being used in your DEXBot trading).

Create your account with this link: https://wallet.bitshares.org/?r=dexbot-worker-escrow (https://wallet.bitshares.org/?r=dexbot-worker-escrow) Using this link to create your account means that 80% of the blockchain fees you pay to make trades will go towards developing new free and open-source features for DEXBot.


https://github.com/Codaone/DEXBot/wiki (https://github.com/Codaone/DEXBot/wiki)


1.01 Welcome to the DEXBot wiki!

1.02 DEXBot Market Making User Guide: https://medium.com/@CryptoKong123/market-making-dexbot-user-guide-ae7b5808b3b6

1.03 What is DEXBot? DEXBot is an automated open source Market Making Bot that places trades on the users behalf on the BitShares Decentralised Exchange (DEX).

https://i.ibb.co/svV7Ygm/bitshares-bts-cny-ui.png

https://i.ibb.co/VQG6VkR/DEXBot-example.png


1.1 DEXBot is a Market Making Bot funded by a BitShares Worker Proposal. The purpose of the bot is to allow anyone to easily provide liquidity in any market on the BitShares Decentralized Exchange, the DEX. The software will be iteratively improved as easy to use as possible. There will be conservative and sane defaults for anyone to easily get started. Rather than simply holding, users can put their assets to work - adding value to the DEX - and hopefully doing so profitably. Of course no profit can be promised.

1.2 The goal of the project is to increase liquidity on the DEX and also increase the appeal of BitShares by providing more use-cases to the common cryptocurrency holder.

1.3 Since the bot is funded by the community as a whole the included strategies should increase the value of the whole. Thus, the bot will only include strategies that provide liquidity. Active trading strategies can decrease short term liquidity, adding value to the bot-operator but not the whole, and should be provided by other bots.

1.4 The bot does not have to be running continuously. The placed orders will remain on the books, and once online again the bot will update orders according to strategy. This is intentional, so that any user can make use of the bot on their own laptop. Some DEXBot modes/strategies are better suited to running the bot intermittently.

1.5 Usage:

1.5.0.1 At this point the bot contains three strategies:

1.5.1 Relative Orders: https://github.com/Codaone/DEXBot/wiki/The-Relative-Orders-strategy (https://github.com/Codaone/DEXBot/wiki/The-Relative-Orders-strategy), which places a buy order below, and sell order above the supposed centre price. It is suitable for established and active markets with enough participants. Extreme caution is advised in inactive and low-participance markets; the Relative Orders feature is very likely to make losses in these conditions.

https://i.ibb.co/KNT1fX9/Relative-Orders.png

1.5.2 Staggered Orders: https://github.com/Codaone/DEXBot/wiki/The-Staggered-Orders-strategy (https://github.com/Codaone/DEXBot/wiki/The-Staggered-Orders-strategy), which is for all markets, and especially suitable for bootstrapping markets. It makes profit from volatility, and will make you lose all your money if you use it on a worthless asset. Staggered Orders should be for long-term-use on markets that the user determines to have long term value.

https://i.ibb.co/k0NCzLY/Staggered-Orders.png


1.5.3 King of The Hill: https://github.com/Codaone/DEXBot/wiki/The-King-Of-The-Hill-Strategy (https://github.com/Codaone/DEXBot/wiki/The-King-Of-The-Hill-Strategy). KOTH is for all markets, and simply places orders such that they are always the first in the orderbook queue. KOTH is for users who want to buy or sell an asset fairly quickly but don't want to pay the extra cost of the spread.

https://i.ibb.co/v31Rfzg/King-of-The-Hill.png

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25.0 How to Install DEXBot with the Windows Installer

https://github.com/Codaone/DEXBot/wiki/How-To-Install-DEXBot-on-Windows-with-the-Windows-Installer

25.1 Step 1 - Navigate to the Main DEXBot Github Page, https://github.com/Codaone/DEXBot:

https://i.ibb.co/y0PvrS6/Navigate-to-dexbot-github.png


25.2 Step 2 - Scroll down the page and click "here":

https://i.ibb.co/y0NcfXM/scroll-down-and-click-here.png

25.3 Step 3 - You will land on a page of the latest release (At time of writing the latest release is 0.15.1 but when using this guide the latest release may be a later version. Step 2 (25.2) will always take you to the page of the latest release):

https://i.ibb.co/NscHKWg/latest-release-page.png


25.4 Step 4 - Scroll down the version release page and click the "DEXBot-Installer-{{{LATESTVERSION}}}.exe":

https://i.ibb.co/2q084xG/scroll-down-to-intaller-exe.png


25.5 Step 5 - Click "Save File":

https://i.ibb.co/GcTS3Vj/Click-save-file.png


25.6 Step 6 - The file will begin to download, if you can't find it, navigate to your Windows "Downloads" Folder and look in there:

https://i.ibb.co/mzNf713/Find-the-downloaded-exe-file.png


25.7 Step 7- Double Click the Downloaded .exe. Your security settings may present you with a WARNING. If you are happy to ignore the warning and proceed anyway, click "More Info":

https://i.ibb.co/HPZrjVw/warning-click-more-info.png


25.8 Step 8 - If you are happy to ignore the Security Warning, click "Run Anyway":

https://i.ibb.co/wBcP1gZ/click-run-anyway.png


25.9 Step 9 - Click "Install":

https://i.ibb.co/fMVkrmd/Click-install.png


25.10 Step 10 - DEXBot will begin to Install:

https://i.ibb.co/5rPYQ5Y/DEXBot-will-begin-to-install.png


25.11 Step 11 - Click "Launch":


https://i.ibb.co/9HWqWVG/Click-Launch.png


25.12 Step 12 - To run DEXBot at a later date, a DEXBot Desktop Shortcut will have been created. Simply double click the Desktop Shortcut to Launch:


https://i.ibb.co/tKHTQ9t/Click-desktop-shortcut.png


25.13 Step 13 You will then need to launch DEXBot and create an Uptick Wallet. See this pictorial guide here: https://github.com/Codaone/DEXBot/wiki/Uptick-Wallet-Guide (https://github.com/Codaone/DEXBot/wiki/Uptick-Wallet-Guide)

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How To Install on Ubuntu Linux: https://github.com/Codaone/DEXBot/wiki/Setup-Guide-for-Ubuntu-Linux (https://github.com/Codaone/DEXBot/wiki/Setup-Guide-for-Ubuntu-Linux)

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How to Install on MacOS: https://github.com/Codaone/DEXBot/wiki/Setup-Guide-for-Mac-OS-X-10.12-or-higher (https://github.com/Codaone/DEXBot/wiki/Setup-Guide-for-Mac-OS-X-10.12-or-higher)

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How to Vote on BitShares and Support DEXBot: https://github.com/Codaone/DEXBot/wiki/How-To-Vote-On-BitShares-and-Support-DEXBot (https://github.com/Codaone/DEXBot/wiki/How-To-Vote-On-BitShares-and-Support-DEXBot)