Created
July 28, 2022 00:14
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Convert GUSD to USD (For Automating Deposits)
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| import json | |
| import gemini | |
| public_key = '' | |
| private_key = '' | |
| #This function converts all your GUSD to USD | |
| def _convertGUSDtoUSD(pub_key, priv_key): | |
| gusd_balance = 0 | |
| trader = gemini.PrivateClient(pub_key, priv_key) | |
| if(list((type['available'] for type in trader.get_balance() if type['currency'] == 'GUSD'))): | |
| gusd_balance = str(list((type['available'] for type in trader.get_balance() if type['currency'] == 'GUSD'))[0]) | |
| #use "buy" to convert USD to GUSD | |
| #use "sell" to convert GUSD into USD | |
| #replace gusd_balance below to transfer a static amount, use gusd_balance to transfer all your GUSD to USD | |
| results = trader.wrap_order(gusd_balance, "sell") | |
| print(results) | |
| def lambda_handler(event, context): | |
| _convertGUSDtoUSD(public_key, private_key) | |
| return { | |
| 'statusCode': 200, | |
| 'body': json.dumps('End of script') | |
| } |
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You can achieve recurring deposits from your bank account in Gemini by making a recurring purchase of GUSD. GUSD only trades in BTC/GUSD and ETH/GUSD and those markets aren't as liquid as BTC/USD or ETH/USD so it's best to convert your GUSD to USD - which is what the above script does.