Open-source market making bot now available for NebliDex with 0.2% rebate

NebliDex | www.neblidex.xyz

Decentralized open-sourced cryptocurrency exchange NebliDex has released an open source market making bot on GitHub that can be used with the Trading API for NebliDex. Market makers earn a 0.2% rebate on each trade. The bot is listed on GitHub.

How does this bot work to make money?
The market making bot can generate a profit two ways. It can use traditional spread differences (buy low, sell high) and, unique to NebliDex, earn market making rebates of 0.2% per trade from taker fees. To use, just load your NebliDex account with a balance, activate the Trader API, turn on the bot and it will trade with what you have. The bot is open source so it can be adjusted to fit your specific needs. It must be built from source, there is no binary available.

What is NebliDex?
NebliDex is a computer-based cryptocurrency exchange supporting Mac, Linux, Windows and Android that has been running successfully since 2018. Traders can use it to make atomic swaps between different blockchains, such as Bitcoin for Ethereum, Bitcoin Cash for Bitcoin or Bitcoin for popular stablecoins such as the DAI and USDC. Because its using atomic swaps, there are no third-party custodians and no proxy tokens. Server nodes are only there to relay trade and market information.

Bot Source: | https://github.com/neblidex/liquidity-bot