Setting Up and Launching Your DCA Bot

Automating your trading strategy with the DCA Bot is simple and efficient. Here’s how to get started.

Watch Our Quick Video Guide: Mastering Bitsgap's DCA Bot: Setup and Strategy Guide

Step-by-Step Guide:

1. Select a Bot Type:

   • Go to the Bots page and click [Start New Bot].
   • Choose DCA Bot from the available options.

2. Customize Settings:

   • Exchange and Pair: Choose your exchange and trading pair.
   • Strategy:
     • Long: Profit from price increases, accumulating in the quote currency.
     • Short: Profit from price decreases, accumulating in the base currency.
   • Investment: Specify the amount or use the slider to set a percentage of your balance.
   • Quick Setup: Choose a preset duration:
     • Short-term (up to 3 days)
     • Mid-term (7 days)
     • Long-term (25+ days)

3. Backtest:

   • Simulate performance using historical data.
   • Adjust settings if needed based on results.

4. Review and Launch:

   • Verify settings like strategy, investment, and risk management.
   • Click [Start Bot] to activate.

What's Next?

• What is DCA Bot?: Learn about its features and use cases.
• Analyzing Your Bot’s Performance: Understand how to evaluate and optimize your bot.

Need Assistance?

If you encounter any issues or have questions, don’t hesitate to contact the Bitsgap Customer Support Team.