Automate your trades with 3Commas | Beginners Tutorial| OKX Academy

Our partnership with 3Commas offers you even more ways to automate your trades. Here’s how to make the most of it. 👇

What is the 3Commas OKX trading bot?

3Commas is a state-of-the-art trading management platform. Using your 3Commas interface and OKX API keys, you can build a variety of algorithms for automating crypto trading, including long, short, composite (multi-pair), and QFL (Quickfinger Luc) bots. All 3Commas automated tools can be back-tested directly from OKX.

Why use the 3Commas OKX trading bot?

3Commas offers a simple and intuitive layout, as well as a wealth of advanced trading tools:

• Portfolio tracking. The 3Commas dashboard allows all users to monitor and analyze their own portfolios.
• Bot presets. Automated presets make it easy for traders to start bot trading with proven profitable presets.
• GRID bot. The GRID bot buys and sells an asset at pre-set levels. Traders can select a minimum and maximum price range, the number of price levels, and the order size. The bot will then trade the asset automatically — when the asset price falls, the bot will purchase the designated order size for each price level decrease; when the asset price rises, the bot will sell the designated order size for each price level increase.
• DCA bot. The Dollar Cost Averaging bots allow you to build your asset position size at a consistent frequency without having to time your entries. You can set up a DCA position for recurring buys on a daily, weekly, monthly, or bimonthly basis. Optionally, you can set an upper range limit to pause buys if asset prices rise above your upper limit.
• Paper trading. Paper trading accounts allow users to test out trading strategies without risking their funds.
• Smart Trade terminal. Smart Trade provides enhanced tools for trading, such as Simultaneous Take Profit and Stop-Loss, Trailing Orders, Stepwise Profit Making with Step Sell, SmartCover, and TradingView charts and signals.

Note: You can also purchase trading signals on the 3Commas marketplace for both long and short positions on spot, futures, and margin trading.

3Commas plans

FAQs

Q: Can I get a free trial?

A: Yes. Every user gets a free trial when they sign up! Stay tuned for more promotions, bonuses, and extended trials. 👀

Q: Do I need to download anything?

A: No. You can access 3Commas directly from your browser, no need to download anything.

Q: How do I connect OKX to 3Commas?

Read this excellent step-by-step tutorial. It explains how to create your OKX API key and how to use it with the 3Commas interface.

THIS ANNOUNCEMENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. IT IS NOT INTENDED TO PROVIDE ANY INVESTMENT, TAX, OR LEGAL ADVICE, NOR SHOULD IT BE CONSIDERED AN OFFER TO PURCHASE OR SELL DIGITAL ASSETS. DIGITAL ASSET HOLDINGS, INCLUDING STABLECOINS, INVOLVE A HIGH DEGREE OF RISK, CAN FLUCTUATE GREATLY, AND CAN EVEN BECOME WORTHLESS. YOU SHOULD CAREFULLY CONSIDER WHETHER TRADING OR HOLDING DIGITAL ASSETS IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION.