Trading bots have revolutionized the way traders manage cryptocurrency portfolios by automating repetitive tasks and optimizing investment strategies. Among these tools, the recurring buy bot stands out for its ability to streamline dollar-cost averaging (DCA) across multiple digital assets. This guide details how to configure, monitor, and optimize this powerful feature on both OKX mobile and web platforms.
Why Use a Recurring Buy Trading Bot?
- Automated DCA: Schedule regular purchases to mitigate market volatility.
- Portfolio Diversification: Allocate funds across up to 20 cryptocurrencies with customizable percentages.
- Time Efficiency: Eliminate manual order placement with preset frequency (hourly/daily/weekly/monthly).
- Strategic Flexibility: Set price ranges to ensure purchases align with market conditions.
π Discover OKXβs advanced trading bot features
Step-by-Step: Setting Up Recurring Buys
Mobile App Instructions
Navigate to Trading Bots
- Open the OKX app β Trade β Trading bots (Spot market only).
Select Recurring Buy
- Choose from the bot menu β Recurring buy.
Configure Purchase Parameters
- Assets: Select up to 20 cryptocurrencies.
- Frequency: Hourly, daily, weekly, or monthly intervals.
- Allocation: Assign percentages (e.g., 50% BTC, 30% ETH, 20% OKB).
Review & Confirm
- Check order details β Tap Done to activate.
![Visual: Recurring buy setup flow on mobile]
Web Platform Instructions
Access Trading Bots
- Log in β Trade β Trading bots from the navigation bar.
Initiate Recurring Buy
- Click Recurring buy on the bots page.
Customize Settings
- Crypto Allocation: Add assets and set percentages.
- Schedule: Define frequency, time, and total USDT amount.
Launch the Bot
- Confirm order details in the pop-up β Click Create.
Managing Your Recurring Buys
Monitoring Active Orders
- App: Go to Bot β Recurring Buy β View performance metrics (PnL, total allocated).
- Web: Check Trade History under Bots to see open positions.
Canceling Future Purchases
- Stop the bot anytime via the app or web interface.
Note: Insufficient funds will pause the bot automatically.
Advanced: Price Range Configuration
To avoid purchases during unfavorable market swings:
- Enable Advanced settings on the Recurring buy page.
- Set Buy price range with min/max thresholds.
Example: Buy BTC only when priced between $30,000β$35,000.
Frequently Asked Questions
β Whatβs the minimum investment for recurring buys?
β 2 USDT (reduced from 10 USDT for greater accessibility).
β Can I switch stablecoins like USDC?
β Yes! Toggle between supported stablecoins on the Order page (app/web).
β Is pausing/resuming the bot allowed?
β Absolutely. Temporarily halt DCA without losing historical PnL data.
β How do price ranges work?
β Define min/max limits in Advanced settings to automate strategic buys.
Final Tips for Optimization
- Rebalance Periodically: Adjust allocations based on market trends.
- Combine with Other Bots: Pair with grid or arbitrage bots for diversified strategies.
π Explore OKXβs full suite of trading tools
By leveraging recurring buy bots, traders can build disciplined, long-term crypto portfolios with minimal manual intervention. Start automating today!
### Key SEO Elements Incorporated: