I made an open-source trading bot that trades New Coin Listing announcements within seconds

I had a bunch of people ask me to provide an update on this tool so here it is. But first, a bit of context on what it actually does.

Whenever Binance announces that they will list a new coin, that coin tends to experience a significant spike in the price - on two occasions:

1. When the announcement itself is posted
   • 2. When the coin is actually listed on Binance

This is a pretty good example of that, with a 10x upon announcing and another significant spike at the listing time:

https://preview.redd.it/i7ou54fxzoje1.png?1600&format=png&auto=webp&s=26f83f03cf428edcf6219caed5aa0cfe1b02ebbe

In a nutshell, the bot I made listens to Binance announcements and then attempts to Buy the coin an on exchange where it is already listed. Instead of attempting to buy the coin on Binance right at the time of launch (which has proven very tricky in the past), we do away with that by buying it once Binance announces they will list it, giving ourselves a few days to make our moves before the actual listing.

A couple years ago, I made an initial version of this tool and, while the strategy sometimes worked, it had a few teething issues.

• I wrote the tool in Python execution was fairly slow
• Trying to buy directly on Binance meant we were often late to the party
• Location matters (running the bot closer to the exchange server meant faster execution)

So I decided to re-write this tool and make some core modifications to the strategy and the bot itself, mainly:

• The tool is now written as a Worker Service using .NET and C# meaning it's blazingly fast, so the codebase will never be a bottleneck.
• We're pulling the announcement data from Binance's public frontend API instead of scraping the announcement page
• We're attempting to buy the Announcement, not the listing (the bot is hooked up to the Poloniex API)

The cool thing about this strategy is that you can keep going back until a winning combo is found, for instance: for instance, scanning for Binance announcements kind of puts us at the "end" of a coin listing cycle, since Binance it's the Biggest exchange out there and has high listing requirements. What could be done in a future update, is to listen to listing announcements from even smaller exchanges, and then use a DEX liquidity pool (or a small CEX) to buy the announcement.

I've just finished working on the bot and it's currently in the testing phase. The tool comes with a test mode so the strategy can be tested in paper trading mode, free of risk.

Here's the link to the GitHub repo if you'd like to play around wit the tool, or if you'd like to contribute to the codebase and help develop it further:

https://github.com/CyberPunkMetalHead/new-listings-trading-bot

For a more detailed breakdown of the bot, see this article:

https://www.cryptomaton.org/2025/02/17/new-binance-coin-listings-bot-open-source-new-listings-bot/