OKX Grid Bots are automated trading tools that automatically place buy and sell orders at regular intervals between a user-defined lower and upper price limit. These robots operate continuously as long as the price remains within the specified range, buying when the price touches the lower line and selling when it reaches the upper line. OKX offers two types of Grid bots: Grid Spot, accessible to beginners with no liquidation risk, and Grid Futures, which allows leveraged trading in long, short, or neutral modes. Configuration involves setting price limits, the number of grids (between 2 and 500), and the initial investment amount.
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