Question 1

What’s OKX trading bot?

Accepted Answer

A trading bot is an automated strategy that trades on your behalf based on specific parameters and rules. Bots can help you optimize your trading by automatically placing and closing orders 24/7.

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

A spot grid bot is a way to trade automatically that you can customize and launch. It places buy and sell orders based on your input, so you don’t need to trade manually. The main idea of a grid bot is to buy low and sell high automatically. The name comes from the grids — intervals between trading levels where orders are placed.

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 bot is a strategy that you can use to buy crypto at multiple price levels and then sell it for a profit. A DCA bot helps you get a better average buying price, because it automatically buys crypto when the price falls. It also automatically sells crypto when you reach your profit target.

Question 7

Is OKX Trading Bots free?

Accepted Answer

All our bots are completely free to create and use. However, bots place regular orders that have trading fees. We automatically deduct these fees from your profits when bots trade.

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