1. Select ‘DCA Bot’. With Crypto Baskets, users no longer need to create a trading bot for every token they wish to automate their purchases for. For more information, visit our Help Centre article or check out our University article on how DCA works. They can set up a DCA Bot for a basket of tokens instead, which automatically purchases their chosen set of cryptocurrencies at regular intervals over a preset time frame, creating custom baskets to align with their risk appetite and investment goals. 1. From there, users can select which coin, frequency, and amount they would like to DCA. A single cryptocurrency basket can hold up to 10 different tokens at a time, and users can create an unlimited number of DCA Bots.
The TWAP Trading Bot automatically executes TWAP orders with minimal price impact and market signalling, achieving optimal execution prices with ease. Users won’t incur any additional fees. Available across both the desktop and mobile web versions of the Exchange, the TWAP Trading Bot executes trades based on an average-weighted price over a specified period of time. Users can create a TWAP Trading Bot in just seconds. This allows users to perform large trades at better execution prices while minimising price slippage and market signalling. Charges for using this trading bot.
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Alternatively, users can choose from a selection of prebuilt baskets and diversify their portfolio in just a few clicks. 3. Select ‘Create a Basket’ to create a cryptocurrency basket containing the desired tokens, or choose from a number of prebuilt baskets. 4. Input the order frequency, duration, order amount, and allocation for the desired tokens. 5. Click ‘Proceed’ to review, and confirm the order details for the DCA Bot. 2. Navigate to the ‘Trading Bots’ section and select ‘DCA Bot’. Baskets available include the Meme Basket, AI Basket, Top 10 Basket, Smart Contract Basket, New York and Payment Basket.
Grid trading involves setting multiple predetermined price levels at which buy or sell orders are automatically executed when the preset prices are triggered. Since it is an automated strategy, crypto grid trading does not involve active participation at the point of buying or selling. Instead, users simply set initial predetermined price levels. With grid trading bots, users have the opportunity to set parameters for trades to their liking without the need to watch charts all day waiting for the targeted price.