Earn 1,620 ($16.20)

Problem Description:

The task is to develop a Binance Futures bot with any trading strategy you want. The bot will execute buy or sell orders based on your trading conditions. It must meet several important constraints:

Constraints

1. Python Proficiency: The developer must have experience with Python programming language to implement the bot's functionality effectively.

2. Binance API Integration: The bot must utilize the Binance API to access real-time cryptocurrency data for trading purposes. This includes retrieving market data, placing orders, and managing account balances.

3. Real-Time Data Retrieval: The bot should continuously fetch live cryptocurrency data to make informed trading decisions based on current market conditions.

4. Simple Trading Strategy: The trading strategy should be kept simple and straightforward. It could involve basic technical indicators, such as moving averages or RSI, to determine entry and exit points for trades.

5. Leverage Usage: The bot must have the capability to utilize leverage when executing trades. The leverage amount should be configurable and adjustable for each trade.

6. Account Balance Monitoring: The bot should be able to access and monitor the futures account balance on Binance to ensure sufficient funds are available for trading and to calculate position sizes accordingly.

7. Trade Confirmation: The bot must be able to confirm whether a trade has been successfully entered and executed on the exchange. This includes verifying order status, position openings, and trade fills.

Deliverables

Python source code [ remove your Binance API key and write " your-api-key-here"]
A short video of the application working.