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

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 OKX’s trading bots are, how they work, and how you can leverage them to optimize your trading strategy.

Advantages of OKX trading bots

1. We offer a variety of trading strategies. We will continue to activate more new strategies in the future to provide customers with a wider range of options.

2. The operation is simple. OKX provides smart parameters to help you set transaction parameters more scientifically. We also offer written guides and video tutorials to help you get started quickly and master the platform.

3. Low fees: OKX has comprehensively upgraded its fee structure, significantly reducing trading fees for customers.

4. Security assurance: OKX has a team of top global experts dedicated to providing you with bank-level security protection.

How can I access OKX’s trading bot?

1. Hover over Trade and select Trading bots

   

   Trading bots option is available under the Trade dropdown menu

2. On the Trading bot page, you'll find a range of tools and automated strategies such as Grid bots, DCA bots, and Slicing bots that allow you to set up your own, or copy another.

What are OKX's trading bots?

By replacing subjective human judgment with advanced mathematical models and algorithmic intelligence, trading bots analyze vast amounts of historical market data to identify high-probability opportunities. This approach significantly reduces the impact of emotional fluctuations and helps traders avoid irrational decisions during periods of extreme market optimism or pessimism.

In addition, trading bots can execute orders in real time without the need for constant market monitoring. This allows traders to seize entry points, price movements, and buy or sell opportunities efficiently, making trading bots suitable for investors seeking a more stable and disciplined trading strategy.Here are all of our different trading bots, each based on a different strategy:

All users

• Spot grid

• Spot DCA

• Iceberg

• TWAP

Eligible users

• Futures grid

• Futures DCA

Learn how to become an eligible user here.

Spot grid and Spot DCA are among the simpler bots to use.

What's the Spot grid trading bot?

You can find the Spot grid bot under the Bullish option

The spot grid bot works by setting price levels between an upper and lower limit that your choose. 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.

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

Now, you can set up to 500 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 trading bot?

The Spot DCA 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.

While the DCA strategy is popular, our Spot DCA 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.

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 trading bot here.

What are Iceberg orders?

Iceberg orders are large buys or sells broken down into many smaller orders. They're particularly useful when making a large trade relative to the size of the market. Even a small order can move the asset price in illiquid markets, potentially resulting in a less favorable entry or exit. Iceberg Orders attempt to mask large orders and limit the impact of price slippage. To place Iceberg Orders, select Iceberg from the Slicing bots menu.

Iceberg bot option is available under the Slicing bots menu for your creation

Traders can then choose the amount of slippage you can tolerate — for example, the amount by which the price can move when executing your trade — in the price range field. They can do this in increments of the trading pair’s base asset using the Var. (Variable) option, that allows smaller portions (or "slices") to have varying quantities or as a percentage of your order price by using the Ratio option.

Learn how to use the Iceberg orders trading bot here.

What's the Time Weighted Average Price (TWAP) bot?

The TWAP Bot (Time-Weighted Average Price) helps execute large trades over a set period, aiming to minimize the impact on the asset’s price. It works by breaking a big order into smaller trades and spreading them out over time, similar to how an iceberg order hides the full size of a trade. This makes it ideal for entering or exiting large positions without moving the market too much.

TWAP bot is available under the Slicing bots option

How does it work?

You can choose whether you want to buy or sell the asset:

• Set your price tolerance (slippage) to control how much the price can move from your target price.

• You can also select either Var. (Variable) to enter an amount in the second asset of the trading pair or Ratio to set slippage as a percentage of the price limit.

This bot allows for smooth trading without large price jumps, making it perfect for those who want to trade significant amounts of crypto without disrupting the market.

Learn how to use TWAP trading bot here.

What's the Futures grid trading bot?

You can choose the Futures grid bot under the Bullish option

The Futures grid trading bot works similarly to the Spot grid trading bot, but instead of buying and selling assets, it trades long or short futures contracts. It uses a grid system to place buy and sell orders above and below the current price, responding to market movements.

The Futures grid trading bot offers three trading strategies:

• Long

• Short

• Neutral

One key difference is that with the Futures grid trading bot, you can trade with leverage, which can amplify both gains and risks. Make sure you fully understand the risks of leverage trading before using this bot.

With the new Edit Parameters feature, you can adjust the bot’s grid range and quantity anytime without stopping it. Changes that you make will auto-disable trailing settings, keep start/stop conditions intact, reinvest any PnL by default, and prompt you to top up quote assets if needed—making it easier to adapt to the market while keeping your strategy on track.

Learn how to become an eligible user here.

What's the Futures DCA trading bot?

This bot uses the Dollar-Cost Averaging (DCA) strategy for futures trading, where you buy assets at regular intervals, no matter the price, to balance out the ups and downs of the market.

The Martingale method increases your investment after each losing trade, aiming to make up for losses when the market turns around.

DCA helps you take advantage of market recoveries.

You can trade both long and short positions at the same time, so you don't miss any opportunities.

Learn how to become an eligible user here.

How do I stop a trading bot and close a trade?

1. You can check on any trades you have created using the trading bot in the Bots option of the trading dashboard. Here you can view details of your trades, including their profitability to date. It's also where you can stop the bot manually

2. If you want to stop an active bot, just select Stop next to your relevant trade

   

   Under Bots section, select Stop to halt your live bot

3. You can then keep the asset traded or exit your position to USDT. Choose the appropriate option and select Confirm

   

   Select your preferred options before proceeding with stopping your bot

4. Your trade will then disappear from the Bots section and appear in the History section

Risk warning

The trading bots on the OKX platform are trading tools only and do not constitute investment advice from OKX. The returns displayed on the trading page are estimated based on historical backtesting data and do not guarantee actual returns. Users are advised to carefully read the OKX trading bots product description, assess their own risk tolerance, and make informed investment decisions.