ð Coinbase Advanced Trade API Python Wrapper
rhettrepip install coinbase-advancedtrade-python
Background
I've bought Bitcoin everyday for about 4 years now - something that wouldn't have been practical without cryptocurrency exchange APIs
Back in 2019, I started with a web based solution called CoinDCA (that has since shut down ð) and the Coinbase Pro API (which is also now dead ðŠĶ)
I also messed around with the Gemini API which was one of the best APIs I've ever used from a user experience perspective
Unfortunately in 2022, Gemini raised their fees including a really hard to swallow withdrawal fee that makes weekly withdrawals pretty costly.
If you want to understand why weekly withdrawals are important, check out this case study
Moving on from Gemini I did some analysis on what the cheapest way to acquire more Bitcoin on a regular basis would be
Spoiler alert, the answers for me were Strike (duh) and Coinbase (shocking the audience)
But Rhett, Coinbase has really high fees! The impartial people who make charts told me so!
Coinbase does have really high fees if you buy on the mobile app, but now that Coinbase has merged Coinbase Pro into Coinbase.com as Advanced Trade, you can enjoy Coinbase Pro's old fee structure using the Coinbase UI and API.
But this transition hasn't been all sunshine and rainbows...
Problem
The problem with Coinbase Advanced Trade was that it took me forever to figure out how to use.
Back in the day if you were not great at programming (me) you could just go to GitHub and find a Python wrapper for Coinbase Pro
The one that was super popular that I used for videos was made by Dan Paquin.
Dan's Coinbase Pro wrapper helped a lot of people, and at the time of making my Coinbase Advanced Trade update video I didn't see an equivalent for new programmers
So I made one
Solution
The only problem at this point was that I'm still not great at programming.
The good news is, with ChatGPT 4 you don't really need to be anymore.
After feeding the entire Coinbase Advanced Trade API documentation into GPT 4 and making some tweaks based on the structure of Dan's Coinbase Pro wrapper, this is what I ended up with:
rhettreThe Unofficial Coinbase Advanced Trade Python Wrapper
The code is still in alpha and I'm sure that things could be improved from here especially given how heavily I leaned on GPT4.
What's Next?
Now that we have a base to work off of, next I plan to build out some of the functions that we used back in the glory days of the Gemini API
Fear and greed index, MVRV DCA, CM Williams indicator, Invest Answers's DCA and more
Thanks to everyone who has helped with the scripts so far including the Coinbase engineers and product people who have helped out on Twitter.
Feel free to submit pull requests or email (rhett@rhett.blog) or dm me feedback over on Twitter and I'll try to get everything incorporated so that this repo can help people the same way Dan's did.