Trade smarter, not harder: OKX Trading Bots - a new alternative for Australian traders

  • 'Bot Up Your Game' campaign now live, offering up to 60 USDT: 20 USDT for completing two bot quizzes (each initially limited to the first 1,500 participants), plus 20 USDT for early bot creation (limited to the first 100 eligible customers) and 20 USDT when a bot generates 500 USDT equivalent in trading volume

Since our official launch in Australia eight months ago, we've observed how local traders value efficiency and precision in their trading strategies. Today, as part of our commitment to expand the tools available for Australians participating in the crypto market, we're introducing two powerful bots already popular with our global traders: Spot Grid Bot and DCA Martingale Bot.

These tools enable customers to execute trades strategically, not reactively, while managing risk and capturing potential opportunities in the crypto markets. The best part? They execute trades automatically based on your settings, whether you're at your desk or enjoying life away from the charts.

Our trading volumes in Australia tripled since our May 2024 launch, showing the power of professional-grade crypto trading tools in our community. By introducing automated bots to our product line, we're adding an option that gives powerful tools to manage their trading.

To celebrate, we've launched a 'Bot Up Your Game' campaign* - offering up to 60 USDT in rewards: earn 10 USDT each for completing Spot Grid Bot and DCA Bot quizzes (initially limited to the first 1,500 participants), 20 USDT for being among the first 100 users to create any bot for the first time - and an additional 20 USDT when a bot generates 500 USDT equivalent in trading volume.

Understanding trading bots

Trading bots are automated software applications that execute trades based on user-preset parameters, reducing emotional decision-making and enabling 24/7 market participation. Read on to learn about our two powerful trading bots:

  • Spot Grid Bot maintains a grid of buy and sell orders within a predefined price range. For example, if BTC is trading between 92,000-110,000 USDT, traders could customise the prices at which the bot will buy and sell crypto within that range, with the aim to capture profits from market movements

  • DCA Martingale Bot automatically manages positions by buying more of an asset if prices decrease, with the aim of helping lower traders' average purchase cost. If prices rise to a level where a trader's predefined target level is reached, the bot sells the position to capture the potential profit

Both bots - now available on the OKX app, with web access coming soon - feature risk management tools, including customizable stop-loss settings, position limits and real-time monitoring with alerts.

Our commitment to Australia

As one of the largest global crypto platforms offering direct AUD deposits and withdrawals to Australians, we've doubled down in past months, expanding our local team by 150% and earning "Cryptocurrency Exchange of the Year" distinction at the WeMoney Cryptocurrency Awards. Our platform offers over 503 crypto spot pairs and more than 278 tokens, including the recently added SOL/AUD and XRP/AUD trading pairs. We also recently launched our Recurring Buy feature, which allows customers to automatically purchase fixed amounts of their favourite tokens at regular intervals.

Our Summer of Crypto campaign**, running until February 28, 2025, showcases our commitment to the Australian market through live crypto price billboards across Sydney's premium locations, displaying real-time BTC/AUD and ETH/AUD prices alongside median house prices - helping Australians contextualize digital assets within the broader investment landscape. The campaign includes a welcome offer of $20 in Bitcoin for new customers who trade $20 within their first 14 days of registration, along with exclusive experiences, merchandise and interactive opportunities across Australian cities.

Looking ahead

We're committed to expanding our trading bot ecosystem based on local trader feedback and partnering with Australian trading communities to provide education and support. Our vision is to continue innovating and delivering new alternatives for Australian traders while maintaining our focus on security, compliance and customer protection.

Start exploring our trading bots here, or learn more about our 'Bot Up Your Game' campaign here.

*The promoter of this Bot Up Your Game: Learn, Trade and Earn campaign ("Campaign") is OKX Australia Pty Ltd ("OKX", "we", "us"). Campaign Period: 6 February 2025 08:00 AEDT - 6 March 2025 23:59 AEDT (or until the Total Available Rewards are fully distributed, whichever is earlier). Rewards are limited and available on a first-come, first-served basis. For the campaign's full terms and conditions, click here.

**New User Bonus offer available to new users who make an eligible trade within 14 days of sign-up. Cryptocurrency trading is high risk. Consider the relevant T&Cs at OKX.com. Information provided is general and not advice. Seek independent advice about risks before trading. OKX Australia Pty Ltd (ABN 22 636 269 040).

Disclaimer

Information about: digital currency exchange services is prepared by OKX Australia Pty Ltd (ABN 22 636 269 040); derivatives and margin by OKX Australia Financial Pty Ltd (ABN 14 145 724 509, AFSL 379035) and is only intended for wholesale clients (within the meaning of the Corporations Act 2001 (Cth)); and other products and services by the relevant OKX entities which offer them (see Terms of Service - Australia). Information is general in nature and should not be taken as investment advice, personal recommendation or an offer of (or solicitation to) buy any crypto or related products. Crypto trading can be high risk. You should do your own research and obtain professional advice, including to ensure you understand the risks associated with these products, before you make a decision about them. Past performance is not indicative of future performance - never risk more than you are prepared to lose. Read OKX's Terms of Service - Australia for more information.

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