I'd like to experiment with bitcoin technology, crypto currency, and encryption. I thought the best way to accomplish that is building my very own bitcoin trading bot.
It seems like a daunting task, but I think I can accomplish this in the following outlined steps:
- The bot has to be connected to a wallet. I think I can accomplish this by connecting it to a 3rd party wallet with public API.
- My bot has to be connected to an exchange that also provides public API which allows automated buying and selling
- My bot has to be able to read the exchange's order book and price.
- Create a simple algorithm for trading.
I'd like to know, what is the best way to build a wallet for my bot? And which exchange should I connect my bot to?
I know I am probably missing some key points. So if someone can point me to the right direction, I'd greatly appreciated.