TWAP Bot – App Version

Why do you need TWAP Bot?

A TWAP strategy underpins more sophisticated ways of buying and selling than simply executing a lot of single orders. For example: Dumping a huge number of Coins in one big order is likely to affect market perceptions, with an adverse effect on the price.

High-volume traders use TWAP to execute their big trades over a specific time period, so they won‘t affect the true market price too much. TWAP basically is a strategy of executing one big order, as multiple smaller orders, over a specified time period.

How to use TWAP on Pionex?

Open Pionex App and select TWAP from the list of trading tools.

Simply input 2 parameters: How often to sell/buy and Transactions, and the TWAP will be ready. Pionex lets you to choose one of 5 different time for the TWAP strategy: 10s , 30s, 1m and 5m.

TWAP will place an order according to your configuration.

Example of using a TWAP Bot

Sell 3 ETH by using TWAP: Set 5m and 3 transactions for TWAP. According to the system estimation, it’ll sell 1 ETH every 5 minutes for 3 times. After 15mins the strategy is finished and the full amount of 3 ETH will have been sold, without having too much effect on the market price in the process.