The OKX Trading Bot from Bitsgap is automated computer software that trades on your behalf on the OKX exchange. Bitsgap has three types of automated trading bots for the OKX exchange — DCA, GRID and BTD, each of which uses distinct algorithms to execute trades 24/7 according to predefined parameters. So, provided you configure your bots properly and enter/exit trades at the right time, you have all the chances of receiving good passive income.
OKX itself is a major global cryptocurrency exchange known for competitive trading fees as well as attractive staking rewards. With a broad international reach of over 50 million users, OKX provides the liquidity and volume needed to run effective trading bots, even though the exchange does not currently serve US-based customers. Between the capabilities of the Bitsgap trading bots and the features of the OKX platform, there is significant income potential for hands-off crypto trading.
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How Does the OKX Trading Bot Work?
The OKX Trading Bots are robots that trade crypto on your behalf on the OKX exchange through the Bitsgap interface. All you have to do is choose a bot, set it up, and it will trade for you automatically 24/7. Trading bots can be extremely useful and profitable provided you set the right bots, at the right time, for the right pair, with the right settings.
Bitsgap provides three main trading bots for OKX. The GRID bot follows a grid trading strategy of buying low and selling high within preset price ranges. The DCA bot utilizes a dollar cost averaging approach to systematically accumulate an asset over time. The BTD bot aims to purchase dips according to user-defined parameters. Each bot can be profitable if deployed judiciously for the right market conditions. For instance, DCA is best suited for clear trends, GRID for the sideways market, and BTD for downtrends. By selecting the most fitting bot for a given trade set-up on OKX via Bitsgap, traders can step back and let automated algorithms do the work of executing a predefined crypto trading strategy.
Advantages of the OKX Trading Bot
Bitsgap offers different modifications of trading bots, letting you combine various settings and strategies to achieve better results.
GRID Trading Bot
Profit from the slightest market moves
The highly efficient crypto bot based on the grid strategy. Use it to maximize profits on every price changes in a sideways market.
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How to Launch OKX Trading Bot
Sign up on Bitsgap
Connect an exchange
Choose your bot
Set the bot up and run it
Try Your Bot in Demo Mode
Bitsgap allows traders to try out automated OKX Trading Bots through a Demo Mode. This sandbox environment replicates real market conditions but executes trades with virtual funds so users can experiment risk-free. The Demo Mode provides an ideal way to test different bots, asset pairs, and customized settings before deploying strategies with real money.
Traders can evaluate performance and fine-tune parameters while Bitsgap autonomously handles order execution. Essentially, think of Demo Mode as a test drive to check the viability of trading strategies. Traders can push their bots to the limit under live market dynamics without worrying about losses. Once a strategy proves itself profitable in paper trading, traders can then transition to real-money trading on OKX via Bitsgap with greater confidence.
Plans & pricing
Basic
Essential features for aspiring traders
$23
$29/ month
You save $70 a year
3 Active Grid bots
10 Active DCA bots
AI Assistant
Unlimited Manual trading
Unlimited Smart orders
Вacktest up to 30 days
AdvancedMost popular
A full-featured suite for seasoned traders
$55
$68/ month
You save $162 a year
10 Active Grid bots
50 Active DCA bots
AI Assistant
Unlimited Manual trading
Unlimited Smart orders
Futures bots
Reinvest bot profit for DCA bots
Trailing Up & Down for Grid bots
Вacktest up to 180 days
Pro
Maximum performance and versatility for expert traders
$120
$150/ month
You save $366 a year
50 Active Grid bots
250 Active DCA bots
AI Assistant
Unlimited Manual trading
Unlimited Smart orders
Futures bots
Reinvest bot profit for DCA bots
Trailing Up & Down for Grid bots
Take Profit for Grid bots
Take Profit for AI-launched bots
AI Portfolio Mode
AI improved performance
Вacktest up to 365 days
Basic
Essential features for aspiring traders
$23
$29/ month
You save $70 a year
3 Active Grid bots
10 Active DCA bots
AI Assistant
Unlimited Manual trading
Unlimited Smart orders
Вacktest up to 30 days
AdvancedMost popular
A full-featured suite for seasoned traders
$55
$68/ month
You save $162 a year
10 Active Grid bots
50 Active DCA bots
AI Assistant
Unlimited Manual trading
Unlimited Smart orders
Futures bots
Reinvest bot profit for DCA bots
Trailing Up & Down for Grid bots
Вacktest up to 180 days
Pro
Maximum performance and versatility for expert traders
Try on a PRO plan free for 7 days, pick a plan later
FAQ
The OKX Trading Bot is an algorithm that performs trades automatically on the OKX crypto exchange. Bitsgap has three trading bots that work equally well on the OKX exchange: the GRID, BTD, and DCA trading bots. GRID Bot is ideal for sideways markets, it uses a grid strategy to place incremental buy and sell orders within set price bands to generate income from volatility.
DCA Bot is great for both rising and falling markets, it steadily accumulates an asset using preset purchases over time to smooth out volatility. BTD Bot is excellent for downtrends, it aims to buy the dip by placing orders after downward price movements according to specified parameters. So whether OKX markets are ranging, trending up, or correcting lower, Bitsgap has an automated trading bot designed to profit. Traders simply decide their outlook, risk tolerance, and desired bot approach. The algorithms handle the technical trade executions hands-free 24/7.
OKX employs robust security measures making it one of the safest cryptocurrency exchanges. The platform boasts an unblemished track record without any major hacking breaches or events that compromise user assets. Specific security best practices followed by OKX include mandatory withdrawal passwords, anti-phishing codes, and other infrastructure protections. These precautions align with industry norms to create a sturdy shield against external threats. In addition, OKX’s overall reputation shows no glaring red flags regarding risks, vulnerabilities, or complaints around security practices. The exchange demonstrates a strong commitment to user fund safety.
Bitsgap offers a web-based application so it can be conveniently accessed on any device through a browser without downloading software. Users can simply navigate to the Bitsgap website to setup an account and begin trading. For added convenience, desktop users can add Bitsgap to their home screen by using the “Add to home screen” option in Chrome. This creates quick access similar to a downloaded app. Additionally, Bitsgap offers mobile apps for iOS and Android devices available on their respective app stores. Users can search for “Bitsgap” and tap install to gain a customized experience optimized for their phone or tablet.
