Trading Bots: Automate Your Strategy with Grid, DCA, and TWAP
Trading Bots let you automate buying and selling around the clock using rules you set once. BEXC offers three bot types — Grid, DCA, and TWAP — each suited to a different goal. Bots trade with your real balance and go through the same order validation as a manual trade.
How it works
A Grid Bot places a ladder of buy and sell orders across a price range you define, profiting from price oscillation without needing to predict a direction — ideal for range-bound markets. A DCA Bot (Dollar Cost Averaging) buys a fixed amount at a regular interval (hourly, daily, or weekly) up to a total budget, smoothing out your average entry price over time. A TWAP Bot (Time-Weighted Average Price) splits a large order into smaller slices executed over a set duration, so a big trade doesn't move the market as much as a single large order would.
Every bot runs through BEXC's order engine, so it pays the same maker/taker fees as manual trading (with your tier discount applied), and can be started, paused, resumed, or stopped at any time. If a bot hits too many consecutive errors, it automatically stops as a safety measure. You can also set an optional stop-loss percentage so a bot shuts itself down if losses reach a threshold you define.
Steps
- Go to
/botsand choose a bot type: Grid, DCA, or TWAP. - Configure it:
- Grid: price range, number of grid levels, total amount invested.
- DCA: amount per interval, interval frequency, total budget.
- TWAP: total order size, duration, and number of slices.
- Optionally set a stop-loss percentage.
- Create the bot, then tap Start to activate it.
- Monitor live stats — invested amount, realized PnL, fees paid, and trade count — from the bot's detail page.
- Pause, Resume, or Stop the bot anytime; stopping cancels its open orders (any coins it already bought remain in your wallet).
Common questions
What's the difference between a DCA bot and Convert's recurring buy? Both buy regularly, but the DCA bot executes real orders through the matching engine (usually cheaper for active traders with fee discounts), while Convert's recurring option uses a simpler spread-based price with less detailed stats.
If I stop a bot, what happens to its open orders and holdings? Its open (unfilled) orders are cancelled and the balance is refunded. Any coins it already bought remain in your account — the bot doesn't sell them for you.
Do bots pay normal trading fees? Yes — bots trade through the standard engine, so your usual maker/taker fees and tier discount apply. Grid bots tend to be maker-heavy, which can lower the effective fee.
Which bot is right for me? Grid works well for a range-bound, volatile market over a week or more. DCA suits long-term, disciplined periodic buying. TWAP is best for executing a very large single order without moving the price much.
Will a bot stop itself if something goes wrong? Yes — a bot automatically stops after too many consecutive errors, and you can also set your own stop-loss percentage to halt it early.
Is there a limit on how many bots I can run? Yes, there's a default cap on active bots and on grid levels/investment size per bot; see the bot creation screen for your current limits.
Bots use real funds and are not risk-free — automated strategies can still lose money in the wrong market conditions.