How to use dollar-cost averaging (DCA) bots on OKX?

Understanding Dollar-Cost Averaging Bots

1. Dollar-cost averaging bots automate the process of purchasing cryptocurrency at regular intervals regardless of price fluctuations.

2. These bots execute predefined buy orders using set parameters including asset, amount, frequency, and time window.

3. OKX provides a built-in DCA tool accessible through the “Trade” section under “Auto-Invest”.

4. Users can configure recurring purchases for spot assets like BTC, ETH, or stablecoins without manual intervention.

5. The system supports both fixed-amount and fixed-value strategies depending on user preference and market behavior.

Setting Up a DCA Bot on OKX

1. Log into your OKX account and navigate to the “Trade” tab, then select “Auto-Invest” from the dropdown menu.

2. Click “Create Plan” and choose the target cryptocurrency from the available list including major tokens and selected altcoins.

3. Input the investment amount in USDT or the base currency, and specify the purchase frequency—options include daily, weekly, bi-weekly, or monthly.

4. Select the exact time of execution; OKX allows scheduling within a 24-hour window with minute-level precision.

5. Confirm the plan by reviewing fee structure, total estimated cost, and activation date before final submission.

Fund Management and Wallet Integration

1. Funds must be held in the spot wallet prior to bot activation; OKX does not support direct transfers from futures or margin accounts.

2. Each DCA plan draws exclusively from the user’s main spot balance unless a sub-account is explicitly selected during setup.

3. Minimum investment thresholds vary per asset—for example, BTC requires a minimum of 0.001 BTC per order while USDT-based plans start at $10.

4. Unfilled orders due to insufficient balance are paused until funds are replenished, and no partial executions occur.

5. Users may adjust funding sources mid-plan by transferring additional assets to the designated wallet but cannot change wallet assignment retroactively.

Monitoring and Adjusting Active Plans

1. Active DCA plans appear under the “My Plans” tab where users can view historical execution logs, timestamps, and executed prices.

2. Pausing a plan halts future orders but preserves all prior transaction records and average acquisition cost calculations.

3. Modifying frequency or amount triggers immediate recalibration of remaining schedule without affecting past buys.

4. Canceling a plan terminates all pending orders and disables automatic renewal; completed orders remain immutable in trade history.

5. Real-time performance metrics such as total invested, current value, and unrealized PnL are displayed alongside each plan dashboard.

Frequently Asked Questions

Q: Can I use leverage or margin funds with OKX DCA bots?No. DCA bots operate solely on spot wallet balances. Leverage and margin positions are excluded from Auto-Invest functionality.

Q: Are DCA orders subject to OKX trading fees?Yes. Each executed DCA order incurs standard spot trading fees based on the user’s VIP level and fee tier at the time of execution.

Q: What happens if the market is down during scheduled execution?The bot executes regardless of price movement. It does not delay, skip, or cancel orders based on volatility, trend direction, or exchange-wide maintenance events.

Q: Can I run multiple DCA plans for the same token simultaneously?Yes. OKX permits concurrent plans for identical assets as long as each has unique timing, amount, or frequency configurations.