Most popular exchanges work with Gunbot. New supported exchanges are regularly added.

Some partner exchanges don’t require an API key to be registered: Gunthy, Beaxy and Txbit. These can be used for free next to other exchanges that do need an API slot.

The exchanges listed below are tried and tested. Additionally, lesser known spot exchanges are supported through the CCXT library, these might not have the same high level of reliability yet.

A strategy in Gunbot is a set of rules that define how it trades. Every trading pair can be assigned a single strategy. Different pairs can use different trading strategies. The main components of a strategy are buy and sell methods, which define when the bot is allowed to place orders. Strategies can be assigned to one or more trading pairs. Gunbot comes with many free strategy presets, these are ready to use after making minimal changes – like configuring how much it is allowed to spend. You can create an unlimited number of custom strategies. Strategies are specially adapted for spot and futures trading. On futures, you can choose between mean reversion or trend following variants of individual strategies. With trailing you can maximize profit from any position. Every strategy can use a number of protections, like setting custom gain and stop limit values, limiting the number of sell orders before trading is halted, prevent buy orders above the last sell rate to protect against buying in surging markets.

Gunbot offers many different methods for executing orders. All methods can be freely combined in a custom strategy, for example you can setup Gunbot to purchase an asset at a percentage from the lower Bollinger Band, and sell that asset with a trailing stop / stop loss method. Methods are the main trigger for an order. Additionally you can use a set of confirming indicators to specify the conditions you want to allow trading for. Every method can use a configurable stop limit to reduce your risk exposure. A wide range of candlestick periods can be used. Select methods allow for pyramid buying.

Double up is a Gunbot method for automatically averaging down assets, also called dollar cost averaging or DCA. This allows you to reach a lower average price per unit when prices move down, making for a lower possible profitable exit price.
The behavior of DCA is highly configurable. You can set the following options:

• The trigger for DCA orders: choose from (a combination of) a percentage price drop, RSI range or price crossing down the upper Bollinger Band
• The minimum price difference between buy orders while in DCA
• The number of times DCA orders are placed
• The amount, as a ratio compared to the amount of quote units already owned, to be bought with every DCA order

Gunbot can automatically accumulate quote currency when prices move down, without investing more than the initial buy order. This feature is called reversal trading and can help bring down the break-even point for your investment. With reversal trading, Gunbot will sell quote units owned at a configurable percentage price drop, then buy back more quote units using only the funds acquired from the previous sell order. This process can keep repeating while prices move down further, or even when the market goes sideways after an initial drop. While accumulating, Gunbot keeps track of the trading fees paid during the process. As soon price hits the break-even point, it will continue with regular trading.

You can set per pair limits for the amount of base currency to invest per trade. The trading limit can be set as an absolute amount, or as a percentage of available base currency. When selling, you can choose to sell all quote currency, or keep a number of quote units. Gunbot can be set to ignore “dust”: small holdings below the minimum trade size of the exchange. A funds reserve feature is available to keep an absolute amount of base currency reserved at all times.