Question 1

What’s OKX trading bot?

Accepted Answer

A customizable crypto bot that helps traders to create various automated trading strategies. Compared with traditional manual trading, trading bot can execute orders with lower risks and costs, while grasping the best trading timings.

Question 2

What’s Bot Marketplace?

Accepted Answer

A collective place for OKX traders to share their grid, DCA, smart portfolio, and recurring buy bots. Regular users can easily copy the parameters of excellent strategies.

Question 3

What is Signal Marketplace?

Accepted Answer

The Signal Marketplace offers users a selection of premium signals from top global providers. Users can effortlessly subscribe to these signals with a single click and automate their transactions.

Question 4

What’s spot grid bot?

Accepted Answer

Spot grid trading works by the simple strategy of buy low and sell high. After you set the parameters, the system automatically places orders at incrementally increasing or decreasing prices. Overall, the grid bot seeks to capitalize on normal price volatility by placing buy and sell orders at certain regular intervals above and below a predefined base price.

Question 5

What’s futures grid bot?

Accepted Answer

Futures grid bot works by the simple strategy of buying low and selling high. After the user sets the parameters, the system divides the small grid to automatically place the order. As the market fluctuates, the bot buys low and sells high to earn fluctuating returns.

Question 6

What’s spot DCA bot?

Accepted Answer

A spot DCA (Martingale) bot opens trades based on signals, lowering average cost by placing incremental orders when the price is dropping and closing positions when the take profit goal is reached.

Question 7

Is OKX Trading Bots free?

Accepted Answer

Yes, the OKX Trading Bots product is completely free for all OKX users to use.

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