In order to create your first bot, you will need to create an account on an exchange that works with Scavenger Bot. In some cases you will need to create 2 separate account
s on an exchange if you plan on trading with multiple bots or additional coin pairs. For example, if you want to have a Long Bot and a Short Bot on the BitMex exchange, you will need to register a Long bot account and a Short bot account. We recommend using Gmail aliases for this so you don’t have to use multiple email addresses.
In this section we will walk you through linking your Scavenger Account to your Exchange via API. We use API’s to connect your bot to our software so we can perform the following actions:
- Read open orders
- View prices on the exchange
- View your wallet balance & history
- Place & Cancel orders