I actually coded this kind of buy new listing bot yesterday, i'm testing it this morning.
It search every second for new coins ( paired with USDT BTC BNB BUSD ) not existing yet
then buy it ( in fact it can first exchange to get BTC BNB BUSB if pair is not with USDT)
then it follow the price with a trail stop loose.
I miss the ALICE token, it appear that i was running while release BIFI/BNB and it took 7 sec
and 8 time ordering to get my buy order filled, so price is running wild sometime.
i'm interested to find tips and how many BNB i need to be VIP customer on Binance.
I would advise you to be careful, the thing you are doing right now is not proper managing of finances, you are dealing with real money but also using a beta software, you can't create the perfect software on day one, it takes trial and error and you are building it so that means there could be problems along the way.
Plus, just because a new coin listed doesn't mean that the price will go up, there are other places that list those coins beforehand and it could be going up already when the news is heard and people could dump it when it is listed, not saying you will lose money doing this, I am just saying there is a possibility and that is why it should not be considered guaranteed income if you ask me. So in the end, you have a beta version of a product that does something that might profit you, that is as risky as it gets so use small amount of money for now.
Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make the best efforts to choose high-quality coins but will not be responsible for your trading losses.Binance will initiate the Bounce (BOT) to Auction (AUCTION) token migration & redenomination plan.we will halt trading for all BOT trading pairs, and the trading pairs will also subsequently be delisted from the exchange.