What Is Recurring Buy?
Recurring Buy is an automated dollar-cost averaging (DCA) strategy that lets you invest fixed amounts in cryptocurrencies at predetermined intervals. This approach helps mitigate market volatility by spreading purchases over time, potentially lowering your average entry price.
👉 Discover how recurring buys can optimize your crypto portfolio
How to Set Up a Recurring Buy Bot
Step-by-Step Setup Guide
Access Trading Bot Section
- On OKX (web or mobile), navigate to Trade > Trading Bot > Recurring Buy.
Configure Investment Parameters
- Asset Selection: Choose 1–20 crypto assets (USDT is currently the only supported quote currency).
- Allocation: Specify percentages for each asset (must total 100%).
- Frequency: Set intervals (daily/weekly/monthly).
- Timing: Select a local time for execution.
- Amount: Define the investment amount per cycle.
- Monitor & Manage
Track active bots on the Bots page. Funds are deducted per cycle—ensure sufficient balance in your trading account before each execution.
Key Features
- Multi-Asset Support: Diversify across up to 20 cryptocurrencies.
- Backtesting: View projected annual yield based on 2 years of historical data.
- Flexible Scheduling: Adjust frequency and timing to match your strategy.
Risk Reminders & Best Practices
- Insufficient funds will pause the bot until the next funded cycle.
- Recurring Buy is unavailable for portfolio accounts temporarily.
FAQs
Q: Why use Recurring Buy instead of one-time purchases?
A: DCA reduces emotional trading and smooths out price volatility over time.
Q: Can I change my allocation after starting a bot?
A: Yes, but modifications apply to future cycles only.
Q: Is there a minimum investment amount?
A: Minimums vary by asset; check OKX’s latest guidelines.
Q: How does backtesting work?
A: The bot calculates hypothetical returns using historical data—actual results may differ.
👉 Start automating your crypto investments today
Note: This feature is for educational purposes only. Cryptocurrency investments carry risks; always research before proceeding.
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