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Guide: New Coin Listings
Here you learn everything about the config.json for the new coin listings crypto bot.
New Coin Listings Bot - Full Guide
DYOR! Do your own research! Not evey new token or coin listing is good. You need to do your own research before you start investing in that coin or token. We have already found out that ICO's are better than tokens or coins that are listed on other exchanges. But often even already listed coins and tokens do awesome returns!
Where to find new coins?
Don't worry. This might look much at the first time, but it is really easy and often you don't even need all of the features the PumpBot has to offer
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Dont trust me? Let's give you the example of the settings I use in 99% of the time:
{
"manualQuoted": 30,
"buyLimit": 1.25,
...
} (dont copy paste this file snipet, I wont work)
The first is the amount of USDT I want to use and the second one is the height of the buy limit for the limit buy order with manual entry of the coin name. The rest stays always the same. Really easy, right? So, don't get confused by the features the Bot has to offer
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There a few small differences between the config.json files. Note: Only limit orders can be done in the first 24h trading.
configBinance.json
configKuCoin.json
configGateio.json
configHotbit.json
{
"coinPair": "BTC",
"manualQuoted": 0.001,
"buyLimit": 1.25,
"createOCOOrder" : "True",
"takeProfit": 1.15,
"stopLossTrigger": 0.90,
"stopLossLimit": 0,
"sellTimerMode": "False",
"time": 0.5,
"panicSell" : "True"
}
{
"coinPair": "USDT",
"manualQuoted": 30,
"buyLimit": 1.25,
"secondsToKeepLimitBuyOrderOpen": 0,
"createTakeProfitOrder": "False",
"takeProfitTrigger": 1.15,
"takeProfit": 0,
"createStopLoss" : "True",
"stopLossTrigger": 0.90,
"stopLossLimit": 0,
"sellTimerMode": "False",
"time": 0.5,
"panicSell" : "True",
"limitPriceMultiplier": 0.7
}
{
"coinPair": "USDT",
"manualQuoted": 30,
"buyLimit": 1.25,
"secondsToKeepLimitBuyOrderOpen": 0,
"createTakeProfitOrder": "False",
"takeProfitTrigger": 1.15,
"takeProfit": 0,
"createStopLoss" : "True",
"stopLossTrigger": 0.90,
"stopLoss": 0,
"sellTimerMode": "False",
"time": 0.5,
"panicSell" : "True",
"limitPriceMultiplier": 0.7
}
{
"coinPair": "USDT",
"manualQuoted": 30,
"buyLimit": 1.25,
"secondsToKeepLimitBuyOrderOpen": 1.2,
"sellTimerMode": "False",
"time": 0.5,
"panicSell" : "True",
"limitPriceMultiplier": 0.7
}
Hotbit: this will be soon available
New Coin Listings are highly volatile! This could result in your Stop Loss Order to get triggered too soon! Thus resulting in a loss even when the Pump of the new coin continues to rise. Keep that in mind when using this. Dont set the Stop Loss too tight.
PS: At the first glance this might look much, but it really isn't. Most of the Settings are always the same once you understand them and others you don't need to touch. Take your Time read it and you will be able to make money with New Coin Listings.
The following settings are very similiar to those of the PumpBot.
All Explanations marked with "EXPERT: " doesn't need to be done to operate the bot. They are if you want to make special settings.
"coinPair": "USDT",
The Coin pair the new coin is listed in. Most of the time it is "USDT", but you could use "ETH" or others as well.
"manualQuote": 300,
Enter how much of the "coinPair" you want to spend. E.g. You would buy with a maximum of 300 USDT.
NOTE: Every Exchange has a minimum amount for the size of the Orders. If your Order size is too small the buying and/or the selling of the Order could fail!
"buyLimit" : 1.3,
In new coin listings you can only buy with limit orders. This factor is important for what you enter in the Bot when you start it. What you need to remember is the following: The PumpBot will calculate the maximum buy-in price for the order:
maximum buy price = 'issue price' * 'buyLimit'
or
maximum buy price = 'price from orderbook' * 'buyLimit'
This Limit Buy Order will be send to the Exchange:
- if the price has risen higher than your maximum buy price your order won't be filled and cancelled -> we call this PrePump Protection (PPP)
- if the price is lower your Order will be filled: Your Order is not filled at the whole "manualQuote" you entered.
This has multiple reasons:
- 1.first not enough sellers for your maximum price. There are just not enough coins available.
- 2.The limit Order itself (see the docs for a in depth explanation).
This is normal and we have no influence on this.
"secondsToKeepLimitBuyOrderOpen": 0,
Only Available for KuCoin, Hotbit and Gate.io, yet! If you dont know what do here just let the value as 0, the PumpBot will do the Buy Order as IOC (immediate or cancel). Otherwise you can select a valu. In this case the time in seconds and the Buy Order will be a GTC (good till cancel) and the PumpBot will open the Buy Order to the orderbook for X seconds.
When the Order is filled or the time is over the PumpBot will move on. This is usefull for New Coin Listings with strong dips.
"createTakeProfitOrder" : "True",
"False", the PumpBot ignores the following settings and wont place a TakeProfit Sell Order. "True" and the PumpBot places a TakeProfit Order at:
"takeProfitTrigger": 1.15,
"takeProfit" : 0,
The "takeProfitTrigger" is where the PumpBot will place the Limit Sell Order. In this example the Bot would place the
Limit Sell Order = buyPrice * takeProfitTrigger
e.g.:
10 USDT/Coin * 1.2 = 12 USDT/Coin TriggerPrice
10 USDT/Coin * 2 = 20 USDT/Coin TriggerPrice
10 USDT/Coin * 10 = 100 USDT/Coin TriggerPrice
If that price is hit, the Exchange will sell your Coins. You can let the "takeProfit": 0, as it is. You don't need to change that. In this Example 1.15 means 15% Profit.
NOTE: There always need to be buyers for your coins! If there aren't any buyers, or buyers at a lower price you will sell your coins for less. This is nothing we have an influence on.
"createStopLoss" : "True",
"False", the PumpBot ignores the following settings and wont place a StopLoss Sell Order. "True" and the PumpBot places a StopLoss Order at:
"stopLossTrigger": 0.80,
"stopLossLimit": 0, or "stopLoss": 0, for Gate.io
This is where the PumpBot will place the StopLoss Sell Order. In this example the PumpBot would place the
Limit Sell Order = buyPrice * stopLossTrigger
e.g.:
10 USDT/Coin * 0.9 = 9 USDT/Coin TriggerPrice
10 USDT/Coin * 0.75 = 7.5 USDT/Coin TriggerPrice
10 USDT/Coin * 0.99 = 9.9 USDT/Coin TriggerPrice
If that price is hit, the Exchange will sell your Coins. In this Example 0.8 means at 20% Loss. Do not change the "stopLoss" or "stopLossLimit", just keep it as it is at 0.
NOTE:
- There always need to be buyers for your coins! If there aren't any buyers, or buyers at a lower price you will sell your coins for less. This is nothing we have an influence on. - If you set your StopLossTrigger too high the StopLoss could be triggered. This is because of the high Volatility Pump and Dumps have. Limit Sell Orders, OCO Order, Price Triggered OrdersExplanation for the Limit Sell Orders and OCO Order for the Binance Bot
"createOCOOrder" : "True",
There you activate the "Limit Sell Orders". It is "True" or "False". If you activate the this Option the Bot will place two Orders at the Exchange, one take profit order and one stop loss Order. For a in depth Explanation have a look into https://docs.pump-bot.com/faq-questions-important-notes/limit-sell-orders-oco-order-price-triggered-orders The TP Order will be placed at:
"takeProfit": 1.15,
In the PumpBot Binance we only have the "takeProfit". This is where the PumpBot will place the Limit Sell Order. In this example the Bot would place the
Limit Sell Order = buyPrice * takeProfitTrigger
e.g.:
10 USDT/Coin * 1.2 = 12 USDT/Coin TriggerPrice
10 USDT/Coin * 2 = 20 USDT/Coin TriggerPrice
-> dont use a too high takeProfit (above 2) If that price is hit, the Exchange will sell your Coins. In this Example 1.15 means 15% Profit. For the StopLoss Order go to Limit Sell Orders, OCO Order, Price Triggered OrdersExplanation for the Limit Sell Orders and OCO Order for the Binance Bot
"sellTimerMode": "False",
"time": 0.5,
This is when you want to make the PumpBot to automatically sell your coins after a specific time interval. You need to set the "sellTimerMode": "True", and enter a value for the "time": 0.5, in seconds. The PumpBot would kill automatically your "Limit Sell Orders" if you used them and then start to sell. You can't combine this with the "panicSell".
"panicSell" : "True",
Set this Parameter to "True" when you want to sell manual. Or when you have the Limit Sell Orders activated to kill those and sell. You just need to hit enter to sell everything. When you have the the TP, SL or OCO Order on "True" the Bot needs to kill them first, this could take a few milliseconds!
NOTE: Don't click into the PumpBot window, when it isn't full size. This is a little bit buggy, so click on the PumpBot Header. Only hit enter once and then wait. Killing the Limit Sell Orders does take some time for the exchange to do so, before the bot can send the sell order.
"limitPriceMultiplier": 0.7,
This is for the Sell Orders at KuCoin, Hotbit and Gate.io when the "timerMode" or the "panicSell" is used. Just let it as it is at 0.7. This makes sure that all your coins are sold. This is not needed for Binance because there we have a Market Sell Order, while on KuCoin, Hotbit and Gate.io we need to sell via a Limit Sell Order.
NOTE: There always need to be buyers for your coins! If there aren't any buyers, or buyers at a lower price you will sell your coins for less. This is nothing we have an influence on. To sell all your coins your sell price must be under the current price at the exchange. For this is this parameter: sell price = limitPriceMultiplier * current Price
This was about the settings you need to do before the listing. Now, go to the next Section.