Welcome to Level 1 of Hummingbot Academy! In this level, we’ve provide you with the basic concepts of crypto trading, introduce you to Hummingbot and our miner platform, and provide you with links to help navigate our resources online and through our community. We recommend that you start with

Order Book An order book is the list of orders that an exchange uses to record the interest of buyers and sellers for a particular financial market. A matching engine uses the book to determine which orders can be fully or partially executed Example of an order book on AscendEx

What is Hummingbot? Hummingbot is a high-frequency algorithmic trading bot written in Python and Cython that allows users to run market making bots on its supported exchanges. Everything you learned during the previous lessons such as creating an order, cancelling an order, and executing trades can be done with Hummingbot

Tips for Selecting Markets Choosing the right market is the key to liquidity mining success. Here are some tips for selecting markets: 1. Select markets that are less volatile * Rapid changes in the exchange rate will cause frequent transactions that will make you lose a lot of money through transaction

Welcome to Level 2! In this level, we will teach you how to set up Hummingbot client and a Hummingbot miner account to start earning liquidity mining rewards. We will walk you through different common strategies and teach you two basic strategies (pure market making and cross exchange-market making) to

Tips for choosing the right spread It is important to choose the right spread that balances liquidity mining rewards and having fewer filled trades (hence reducing transaction fees). Too small spread will increase the risk of fill orders, and as a result, the rewards can not cover the loss due

Top misconceptions Trading is a rewarding and risky activity. If you’re new to Hummingbot, you’re in the midst of a mature community that has found market making to be both exciting and profitable in the long term. That might be you, but before you go all-in and mortgage

Exploring strategies and configurations The following pages will help you to explore how you can set up your bot with different strategies and configurations: 1. Strategies: * To explore all the different strategies provided by Hummingbot, you can visit Hummingbot Foundation’s documentation site: https://hummingbot.org/strategies/ 1. Global Configurations:

What is cross exchange market making? Cross exchange is a maker-taker strategy. Read more through the docs link and blog below : What is cross exchange market making?by Paulo Henrique Welcome back to our Educational Center, where we aim to help you to learn more about market making, arbitrage, and

Welcome to Level 3! In this level, we will teach you how to set up your Hummingbot in the cloud so that you can run Hummingbot 24/7 to maximize your profits and rewards. We will also teach you tips on managing your trading performance (P&L) and multiple bots,

Key concepts in professional market making Spot perpetual market making / arbitrage strategy Spot perpetual market making / arbitrage Similar to pure market making strategy, Hummingbot continually posts limit bid and ask offers on a market and waits for other market participants ("takers") to fill their orders. In addition to that, position

How does Hummingbot measure PnL ? Hummingbot calculates profitability by determining the portfolio value of the starting balance and the current balance in terms of the current exchange rate. To learn more about how and why we calculate PnL: How to measure performance in crypto trading Tips for capital deployment Different

Running Hummingbot 24/7 in the cloud Why do we need to set up cloud servers? When running Hummingbot locally on your computer, closing the application or shutting down your machine also stops the bot from trading. Also, running locally relies on your computer's resources and internet connection. It is

In this level, we will teach you more professional concepts to help you create highly customizable strategies by using web hooks and writing custom bots. This level is still work in progress. Please stay tuned for more updates. Reading for Level 4 — Professional [Academy Level 4] A. Professional — Setting custom

Building your custom strategy Here are some starting guides to building your custom strategy: Coding practice: strategy coding for dummies Here’s a great coding in practice that you can try by following the instructions in the following blog post written by developer and Hummingbot trader Ben. In this example,