diff --git a/pyproject.toml b/pyproject.toml
new file mode 100644
index 000000000..8199e446a
--- /dev/null
+++ b/pyproject.toml
@@ -0,0 +1,27 @@
+[tool.black]
+line-length = 100
+exclude = '''
+(
+  /(
+      \.eggs         # exclude a few common directories in the
+    | \.git          # root of the project
+    | \.hg
+    | \.mypy_cache
+    | \.tox
+    | \.venv
+    | _build
+    | buck-out
+    | build
+    | dist
+  )/
+  # Exclude vendor directory
+  | vendor
+)
+'''
+
+[tool.isort]
+line_length = 100
+
+[build-system]
+requires = ["setuptools >= 46.4.0", "wheel"]
+build-backend = "setuptools.build_meta"
diff --git a/setup.cfg b/setup.cfg
index be2cd450c..26434791f 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,3 +1,43 @@
+[metadata]
+name = freqtrade
+version = attr: freqtrade.__version__
+author = Freqtrade Team
+author_email = michael.egger@tsn.at
+description = Freqtrade - Crypto Trading Bot
+long_description = file: README.md
+long_description_content_type = text/markdown
+url = https://github.com/freqtrade/freqtrade
+project_urls =
+    Bug Tracker = https://github.com/freqtrade/freqtrade/issues
+license = GPLv3
+classifiers =
+    Environment :: Console
+    Intended Audience :: Science/Research
+    License :: OSI Approved :: GNU General Public License v3 (GPLv3)
+    Programming Language :: Python :: 3.7
+    Programming Language :: Python :: 3.8
+    Programming Language :: Python :: 3.9
+    Operating System :: MacOS
+    Operating System :: Unix
+    Topic :: Office/Business :: Financial :: Investment
+
+
+[options]
+zip_safe = False
+include_package_data = True
+tests_require =
+    pytest
+    pytest-asyncio
+    pytest-cov
+    pytest-mock
+
+packages = find:
+python_requires = >=3.6
+
+[options.entry_points]
+console_scripts =
+    freqtrade = freqtrade.main:main
+
 [flake8]
 #ignore =
 max-line-length = 100
diff --git a/setup.py b/setup.py
index 54a2e01b5..727c40c7c 100644
--- a/setup.py
+++ b/setup.py
@@ -1,25 +1,7 @@
-from sys import version_info
-
 from setuptools import setup
 
 
-if version_info.major == 3 and version_info.minor < 7 or \
-        version_info.major < 3:
-    print('Your Python interpreter must be 3.7 or greater!')
-    exit(1)
-
-from pathlib import Path  # noqa: E402
-
-from freqtrade import __version__  # noqa: E402
-
-
-readme_file = Path(__file__).parent / "README.md"
-readme_long = "Crypto Trading Bot"
-if readme_file.is_file():
-    readme_long = (Path(__file__).parent / "README.md").read_text()
-
 # Requirements used for submodules
-api = ['fastapi', 'uvicorn', 'pyjwt', 'aiofiles']
 plot = ['plotly>=4.0']
 hyperopt = [
     'scipy',
@@ -51,69 +33,51 @@ jupyter = [
     'nbconvert',
     ]
 
-all_extra = api + plot + develop + jupyter + hyperopt
+all_extra = plot + develop + jupyter + hyperopt
 
-setup(name='freqtrade',
-      version=__version__,
-      description='Crypto Trading Bot',
-      long_description=readme_long,
-      long_description_content_type="text/markdown",
-      url='https://github.com/freqtrade/freqtrade',
-      author='Freqtrade Team',
-      author_email='michael.egger@tsn.at',
-      license='GPLv3',
-      packages=['freqtrade'],
-      setup_requires=['pytest-runner', 'numpy'],
-      tests_require=['pytest', 'pytest-asyncio', 'pytest-cov', 'pytest-mock', ],
-      install_requires=[
-          # from requirements.txt
-          'ccxt>=1.24.96',
-          'SQLAlchemy',
-          'python-telegram-bot>=13.4',
-          'arrow>=0.17.0',
-          'cachetools',
-          'requests',
-          'urllib3',
-          'wrapt',
-          'jsonschema',
-          'TA-Lib',
-          'technical',
-          'tabulate',
-          'pycoingecko',
-          'py_find_1st',
-          'python-rapidjson',
-          'sdnotify',
-          'colorama',
-          'jinja2',
-          'questionary',
-          'prompt-toolkit',
-          'numpy',
-          'pandas',
-          'tables',
-          'blosc',
-      ],
-      extras_require={
-          'api': api,
-          'dev': all_extra,
-          'plot': plot,
-          'jupyter': jupyter,
-          'hyperopt': hyperopt,
-          'all': all_extra,
-      },
-      include_package_data=True,
-      zip_safe=False,
-      entry_points={
-          'console_scripts': [
-              'freqtrade = freqtrade.main:main',
-          ],
-      },
-      classifiers=[
-          'Environment :: Console',
-          'Intended Audience :: Science/Research',
-          'License :: OSI Approved :: GNU General Public License v3 (GPLv3)',
-          'Programming Language :: Python :: 3.7',
-          'Programming Language :: Python :: 3.8',
-          'Operating System :: MacOS',
-          'Operating System :: Unix',
-          'Topic :: Office/Business :: Financial :: Investment',
-      ])
+setup(
+    tests_require=[
+        'pytest',
+        'pytest-asyncio',
+        'pytest-cov',
+        'pytest-mock',
+        ],
+    install_requires=[
+        # from requirements.txt
+        'ccxt>=1.50.48',
+        'SQLAlchemy',
+        'python-telegram-bot>=13.4',
+        'arrow>=0.17.0',
+        'cachetools',
+        'requests',
+        'urllib3',
+        'wrapt',
+        'jsonschema',
+        'TA-Lib',
+        'technical',
+        'tabulate',
+        'pycoingecko',
+        'py_find_1st',
+        'python-rapidjson',
+        'sdnotify',
+        'colorama',
+        'jinja2',
+        'questionary',
+        'prompt-toolkit',
+        'numpy',
+        'pandas',
+        'tables',
+        'blosc',
+        'fastapi',
+        'uvicorn',
+        'pyjwt',
+        'aiofiles'
+    ],
+    extras_require={
+        'dev': all_extra,
+        'plot': plot,
+        'jupyter': jupyter,
+        'hyperopt': hyperopt,
+        'all': all_extra,
+    },
+)