Hello Community

I wanted to tell you about a DCA (Dollar Cost Averaging) bot that I coded, for the crypto exchange Kraken.

Features:

• Buys 0.0001 BTC every couple seconds/minutes/hours.
• Spreads all buys over the span of a month (when a new fiat deposit is expected, it should have used all fiat right before).
• Buys hundreds/thousands/millions of times per month (depending on the amount of fiat you deposit).
• Automatic adjustments after each buy (what is the price of bitcoin now, how many more buys can I do until the end of the month, when should the next buy take place?). If the bitcoin price drops by 50%, you will not run out of fiat earlier! You will just buy less frequently.
• Automatic withdrawals to your hardware wallet! Either monthly or when reaching a certain bitcoin-stacking target on Kraken.
• All open source and no compiled code. You can read it yourself.
• Can be used with docker
• Step by step video manuals included!

AND THE MOST IMPORTANT ONE:
The fees do not stack! Kraken has very low fees (0.26% without any trading-tier, for each transaction, which means the amount of transactions does not matter). Investing $500 each month will only cost you ~$1.30. A withdrawal to your hardware wallet will be as cheap as ~$0.07.

I use this bot myself since several months, probably close to a year.

Check it out here:
https://github.com/raphaellueckl/kraken-dca

And yes, I'm new to this forum. Read a lot here and there, but never took part in discussions.

Greetings
Codepleb