I can't totally tell, but I built something very similar (I think) operating on the Gemini Exchange. Buying and selling corn making a small profit on each trade, based on the fluctuation of the price. I made a fair amount of profit, but the bookkeeping was a royal pain. I think I made over 13,000 trades in one calendar year.

Websocket breakages, and breaking changes in their API convinced me to shut it down after all my pending orders closed.

Very nice! But why trade when you can simply invest? I used to run bits using 3commas but buy and hold ultimately turned out to be better for me.