Paper Trade

This feature allows users to test Hummingbot and simulate trading strategies without risking any actual assets.

Note

Exchange APIs are not required to run the bot on paper_trade for Pure Market making, Cross Exchange Market Making and Avellaneda Market Making.

Adding Exchanges

Users can add paper exchanges by listing them under paper_trade_exchanges in conf_client.yml. By default, paper trade is enabled for Binance, KuCoin, Kraken, and Gate.io. You can find conf_client.yml at hummingbot/conf/conf_client.yml.

Add a paper trade exchange, for example Kraken, to conf_client.yml:

paper_trade:
  paper_trade_exchanges:
    - binance
    - kucoin
    - kraken
    - gate_io

In the Hummingbot client, kraken_paper_trade should now be available when you select an exchange:

Enter your maker spot connector >>> kraken_paper_trade

Enabling and Disabling

Paper trading can be enabled when creating a strategy and choosing an exchange when prompted Enter your maker spot connector during the creation of the strategy.

Alternatively, you can enable paper trading by inputting config exchange then choose the exchange that supports paper trade.

To choose a different connector and go live, simply choose the exchange name without the paper_trade suffix then do the command stop and start so the changes will reflect on your configuration.

Adding Paper Trade Balance

By default, the paper trade account has the following tokens and balances, which you can see when you run the balance paper command.

>>>  balance paper
Paper account balances:
    Asset    Balance
      BTC     1.0000
     DOGE 1000000.0000
      ETH    20.0000
     HBOT 10000000.0000
      SOL   100.0000
     USDC 100000.0000
     USDT 100000.0000
     WETH    20.0000

When adding balances, specify the asset and balance you want by running this command balance paper [asset] [amount].

For example, we want to add 0.5 BTC and check our paper account balance to confirm.

>>>  balance paper BTC 0.5
Paper balance for BTC token set to 0.5

>>>  balance paper
Paper account balances:
    Asset    Balance
      BTC     0.5000
     DOGE 1000000.0000
      ETH    20.0000
     HBOT 10000000.0000
      SOL   100.0000
     USDC 100000.0000
     USDT 100000.0000
     WETH    20.0000

You can also set default balances in conf_client.yml under paper_trade.paper_trade_account_balance.