TWAP Bot

Why do you need TWAP Bot

TWAP, also known as time weighted average price algorithm, is the simplest traditional algorithmic trading strategy.

The purpose of TWAP bot design is to provide a lower average transaction price while minimizing the impact of the transaction on the market, so as to achieve the purpose of reducing transaction costs.

How to use TWAP Bot

First, please open the pionex.com website, and then select TWAP from the list of trading tools on the right.

Simply input 2 parameters: “Order Period” and “Buy/Sell quote each time”, and the TWAP will be ready. Pionex lets you to choose one of 4 different Order Periods for the TWAP strategy: 10 Sec, 30 Sec, 1 Min, and 5 Min.

Example of using a TWAP Bot

Buying example: Someone chooses the ETH/USDT trading pair and creates TWAP bot, the time frequency is set to 10 seconds, the purchase amount is 1000 USDT each time, and the total investment amount is 100,000 USDT. Then the bot will sequentially buy 1000USDT every 10 seconds, a total of 100 times.

Selling example: Someone chooses the ETH/USDT trading pair and creates TWAP bot, the time frequency is set to 10 seconds, and each time 1 ETH is sold, the total sold amount is 100 ETH. Then the bot will sequentially sell 1 ETH every 10 seconds, for a total of 100 sales.

Find us on
Telegram: https://t.me/pionexen
Twitter: https://twitter.com/pionex_com
Reddit: https://www.reddit.com/r/Pionex
Discord: https://discord.gg/XbqMCHHyXG
Facebook: https://www.facebook.com/pionexglobal

get free trading bots now