https://www.bitwise.cc/ Recent content on Bitwise Hugo -- gohugo.io en-us Fri, 10 Jul 2020 14:37:51 +0800 https://www.bitwise.cc/post/scaled-orders/ Fri, 10 Jul 2020 14:37:51 +0800 https://www.bitwise.cc/post/scaled-orders/ What is a scaled order A scaled order is comprised of multiple limit orders at different price points. With a scaled buy, orders at lower limits are triggered in sequence as the market price drops; a scaled sell works in reverse, with orders at higher limits getting filled in turn as the market price increases. Buying more aggressively as the price falls or selling more as the price rises is also known as pyramiding. https://www.bitwise.cc/post/cancel-orders/ Fri, 26 Jun 2020 18:04:02 +0800 https://www.bitwise.cc/post/cancel-orders/ Bitwise Terminal offers two ways to cancel open orders: (1) From the “Active Orders” panel, you may select one or more orders and hit the “Cancel” button. (2) From the “Command” panel, you may run ca, cb, cs, or co depending on your needs. All commands take effect on open orders of the current contract only. Cancel orders from the GUI ca cancels all open orders. https://www.bitwise.cc/post/amend-orders/ Wed, 24 Jun 2020 17:04:07 +0800 https://www.bitwise.cc/post/amend-orders/ Bitwise Terminal 2.4 adds three new commands to amend orders in bulk: aq (amend quantity), ap (amend price), and asp (amend stop price). Each command takes an amendment argument followed by one or more order filters: aq <amended-quantity> <order-filters> ap <amended-price> <order-filters> asp <amended-stop-price> <order-filters> Amendment commands only affect open orders of the current contract that match any of the order filters, which can be a list of order IDs or ID prefixes with at least two characters each. https://www.bitwise.cc/post/relative-price-notation/ Mon, 22 Jun 2020 11:34:26 +0800 https://www.bitwise.cc/post/relative-price-notation/ Bitwise Terminal 2.3.0 now supports relative price notation, which further simplifies order creation when you intend to specify a price relative to the highest bid or the lowest ask. Suppose you’re trading XBTUSD. The best bid and ask are 9359.5 and 9360 respectively. To buy at $100 below the bid, you may enter b-100 as the limit price instead of the more explicit 9259.5. Similarly, to set a price 20% above the ask, a+20% would do the math for you: 9360 × (1 + 20%) = 11232. https://www.bitwise.cc/post/close-position-with-lc-and-mc/ Fri, 19 Jun 2020 20:36:42 +0800 https://www.bitwise.cc/post/close-position-with-lc-and-mc/ To close a position faster, Bitwise Terminal 2.2.0 introduces two new commands— lc (limit close) and mc (market close). lc takes a <price> argument. It creates a limit order at the given price to sell off an entire long position or buy back an entire short position. mc expects no arguments and closes the selected position at market price. These commands can only execute up to the full size of your position. https://www.bitwise.cc/post/monthly-pnl-and-wallet-balance/ Thu, 18 Jun 2020 22:57:31 +0800 https://www.bitwise.cc/post/monthly-pnl-and-wallet-balance/ In addition to the daily view of wallet balance and PNL, Bitwise Terminal 2.1.4 presents a monthly view under the PNL tab. Currently, at most 24 months of the history are shown. Daily and monthly wallet balance and PNL tracking in Bitwise Terminal 2.1.4 https://www.bitwise.cc/post/shorthand-for-quantity/ Wed, 17 Jun 2020 22:06:26 +0800 https://www.bitwise.cc/post/shorthand-for-quantity/ When you enter an order size in Bitwise Terminal 2.1.3, you may now use k as an abbreviation for thousands and m for millions. For example: 25000 = 25k -1000 = -1k = -k -2500000 = -2500k = -2.5m 1000000 = 1m = m -100000 = -0.1m = -.1m Not only do these notations save you a few keystrokes, but they may also save you from fat-finger errors when large orders are traded. https://www.bitwise.cc/post/bitwise-terminal-2.1/ Sat, 13 Jun 2020 15:40:21 +0800 https://www.bitwise.cc/post/bitwise-terminal-2.1/ Wallet balance and PNL tracking in Bitwise Terminal 2.1 Bitwise Terminal 2.1 has integrated with wallet balance and PNL tracking for multiple BitMEX accounts. From the PNL tab, select one or more accounts on the left side and click “continue”. Aggregated wallet balance and PnL changes will be shown on the right side. Time window selection and more detailed statistics will be offered in the future. https://www.bitwise.cc/post/bitwise-terminal-2-preview/ Sat, 16 May 2020 21:07:28 +0800 https://www.bitwise.cc/post/bitwise-terminal-2-preview/ Bitwise Terminal 2.0.1 screenshot Bitwise Terminal provides an efficient trading interface for experienced BitMEX traders. Version 2 is a major overhaul of the trading system. It retains the verifiable security model that safeguards your API credentials, while offering the following new features: Integrated with real-time trading data Added both GUI and command line support for scaled orders and stop market orders Minimum friction for trying out the system (BAM is supported but not mandatory) Detailed documentation and additional features such as PNL tracking and charting will be rolled out in the coming weeks. https://www.bitwise.cc/post/pnl-tracker-2.1/ Thu, 05 Sep 2019 00:49:37 -0700 https://www.bitwise.cc/post/pnl-tracker-2.1/ PNL Tracker 2.1 screenshot PNL Tracker 2.1 has introduced a few minor features: Visualizing a breakdown of daily and monthly changes with color-coded bars Alerting users when a new version comes out Redirecting http traffic to https https://www.bitwise.cc/post/launching-pnl-tracker-2.0/ Sat, 31 Aug 2019 17:00:38 -0700 https://www.bitwise.cc/post/launching-pnl-tracker-2.0/ PNL Tracker 2.0 screenshot PNL Tracker 2.0 plots BitMEX wallet balance and PNL charts along with daily and monthly summaries. The new free web app is as convenient to use as the old one. All you need is a read-only BitMEX API key to get started. PNL Tracker 2.0 supports multiple accounts, testnet, longer time span, and fixes a long-standing bug that didn’t handle deposits and withdrawals properly in PNL calculation. https://www.bitwise.cc/post/tracking-pnl-in-bitwise-terminal-1.1/ Sun, 25 Aug 2019 19:54:38 -0700 https://www.bitwise.cc/post/tracking-pnl-in-bitwise-terminal-1.1/ Track wallet balance and PNL history using command ‘w’ Bitwise Terminal 1.1 is live with a new command to track PNL and wallet balance history. Simply type w (w for wallet) in the command line to see the monthly and daily charts. Deposits, withdrawals, inter-account tranfers, and affiliate payments are lumped into the “Other” category and separated from PNL calculation. Monthly history is limited to the past one year; daily records are limited to the past two weeks. https://www.bitwise.cc/post/launching-bitwise-terminal-1.0-and-free-upgrades/ Thu, 22 Aug 2019 22:23:15 -0700 https://www.bitwise.cc/post/launching-bitwise-terminal-1.0-and-free-upgrades/ Bitwise Terminal screenshot Bitwise Terminal 1.0 is now available for public use! Bitwise Terminal is a unique command-line trading tool for BitMEX traders that protects your privacy and restricts itself from accessing your API keys. This debut release has limited commands, but more are coming soon. We’re happy to offer free Pro Editions to our early adopters. Just drop us an email by September 8th, 2019, and you’ll get a free upgrade to the Pro Edition for at least 10 weeks. https://www.bitwise.cc/post/risks-of-sharing-api-keys/ Fri, 16 Aug 2019 16:56:30 -0700 https://www.bitwise.cc/post/risks-of-sharing-api-keys/ Most crypto exchanges allow users to access their accounts using API keys as an alternative to password/2FA-based authentication. While API keys open the door to data analysis, trading bots, and other automations, crypto traders may not be fully aware of the risks associated with sharing API credentials with non-trustworthy third parties. API key management on BitMEX Some presume that as long as fund withdrawal privilege isn’t granted, it’s safe to give out trading API keys to third party websites or apps. https://www.bitwise.cc/terminal/bam/ Mon, 01 Jan 0001 00:00:00 +0000 https://www.bitwise.cc/terminal/bam/ Summary Bitwise Account Manager(BAM) is an open source Chrome extension that digitally signs API requests for Bitwise Terminal. BAM encrypts API credentials on disk using industry standards (AES and PBKDF2) and safeguards them in memory so that they are never exposed to third parties including Bitwise Terminal. Bitwise Account Manager main menu Installation (Optional but recommended) Create a dedicated Chrome profile for BAM. In Chrome, open the People menu and choose Add Person. https://www.bitwise.cc/terminal/manual/ Mon, 01 Jan 0001 00:00:00 +0000 https://www.bitwise.cc/terminal/manual/ Getting started Install Bitwise Account Manager for Chrome, preferrably in a new Chrome profile without other extensions. Open Bitwise Terminal in Chrome. Enter your email address and invitation code (if you don’t have one yet, use oJozNrvH ). Click [OK] to get an account. Check your inbox for an account activation email sent from contact@bitwise.cc. Click the button inside to launch Bitwise Terminal. Add API key/secret in the Chrome extension and you’re ready to go.