What are OKX SG's crypto trading bots and how do I utilize them?

Navigating the complexities of the cryptocurrency market can be challenging, but our crypto trading bots provide a solution. These automated tools are designed to execute trades based on predefined strategies, helping traders manage risks and capitalize on market movements. Let's explore what our trading bots are, how they work, and how you can leverage them to optimize your trading strategy.

How can I access OKX’s trading bots?

On the app

1. Head over to Menu > User Center option at the Home page

   

   Select Menu at the Home page

2. Select Bots to explore our selection of trading bots

   

   Within the User Center section, select Bots

   

   Trading bots page loads up and it's ready to be explored

On the web

1. Hover over the Trade menu and select the Spot option

   

   Select Spot from the dropdown menu

2. Access trading bots under the Tools option

   

   Select the type of trading bot of your preference from the Tools option

What's the Spot grid trading bot?

The spot grid bot works by setting price levels between an upper and lower limit of your choice. When the price of the asset rises to one of the grid lines, the bot automatically sells. If the price drops to a grid line, the bot automatically buys.

Trade using the Spot Grid option, either through Smart Strategies or manual setup

You can either set the grid parameters manually for full control or use the Smart strategies provided, which rely on past price movements and back-tested data to increase the chances of profit.

Set your spot grid trading manually, now with grid quantity up to 1,000 grids

Now, you can set up to 1,000 grids—an upgrade from the previous 300—thanks to a dynamic order-hanging mechanism, helpful front-end prompts, and grayed-out logic orders with tooltips, all while keeping the UI clean and efficient.Learn how to use the spot grid trading bot here.

What's the Spot DCA (Martingale) trading bot?

The Spot DCA (Martingale) trading bot helps traders buy specific assets at set intervals, spreading their purchases across different price levels. Essentially, traders can use the DCA strategy to buy when prices are low and sell when they reach a take-profit target or when the price is high.

Trade using the Spot DCA option, choose between Smart Strategies or manual configuration

While the DCA strategy is popular, our Spot DCA (Martingale) trading bot offers more flexibility. Users can choose when to enter a trade using technical indicators, and they only need to reserve the minimum funds required to start (Initial Order + First Safety Order). Additional funds can be added later as needed.

Trade using the Spot Grid option, either through Smart Strategies or manual setup

A special feature called Continuous Trading Cycles allows the trading bot to keep running, buying during dips and selling during rebounds, or starting new trading cycles after hitting the take-profit target.

Learn how to use the Spot DCA (Martingale) trading bot here.