{"id":232,"date":"2020-06-17T08:17:39","date_gmt":"2020-06-17T08:17:39","guid":{"rendered":"https:\/\/blog.pionex.com\/?p=232"},"modified":"2023-09-29T10:46:41","modified_gmt":"2023-09-29T10:46:41","slug":"twap-bot","status":"publish","type":"post","link":"https:\/\/www.pionex.us\/blog\/twap-bot\/","title":{"rendered":"TWAP Bot"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"How to use TWAP Bot\uff1f\" width=\"1778\" height=\"1000\" src=\"https:\/\/www.youtube.com\/embed\/GceWgpd72n0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<div id=\"toc_container\" class=\"toc_transparent no_bullets\"><ul class=\"toc_list\"><li><a href=\"#Why_do_you_need_TWAP_Bot\">Why do you need TWAP Bot<\/a><\/li><li><a href=\"#How_to_use_TWAP_Bot\">How to use TWAP Bot<\/a><\/li><li><a href=\"#Example_of_using_a_TWAP_Bot\">Example of using a TWAP Bot<\/a><\/li><\/ul><\/div>\n<h2 id=\"4044\"><span id=\"Why_do_you_need_TWAP_Bot\">Why do you need TWAP Bot<\/span><\/h2>\n\n\n\n<p>TWAP, also known as the time-weighted average price algorithm, is the simplest traditional algorithmic trading strategy. <\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<h2 id=\"90c3\"><span id=\"How_to_use_TWAP_Bot\">How to use TWAP Bot<\/span><\/h2>\n\n\n\n<p>First, please open the pionex.us website, then select <strong>TWAP<\/strong> from the list of trading tools on the right.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"515\" src=\"https:\/\/blog.pionex.us\/wp-content\/uploads\/2022\/06\/061406-1024x515.jpg\" alt=\"\" class=\"wp-image-14514\" srcset=\"https:\/\/blog.pionex.us\/wp-content\/uploads\/2022\/06\/061406-1024x515.jpg 1024w, https:\/\/blog.pionex.us\/wp-content\/uploads\/2022\/06\/061406-300x151.jpg 300w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Simply input 2 parameters:<\/strong>&nbsp;&#8220;Order Period&#8221; and &#8220;Buy\/Sell quote each time&#8221;, 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.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" width=\"1024\" height=\"658\" src=\"https:\/\/blog.pionex.us\/wp-content\/uploads\/2022\/06\/061407-1024x658.jpg\" alt=\"\" class=\"wp-image-14516\" srcset=\"https:\/\/blog.pionex.us\/wp-content\/uploads\/2022\/06\/061407-1024x658.jpg 1024w, https:\/\/blog.pionex.us\/wp-content\/uploads\/2022\/06\/061407-300x193.jpg 300w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n\n<h2 id=\"d246\"><span id=\"Example_of_using_a_TWAP_Bot\">Example of using a TWAP Bot<\/span><\/h2>\n\n\n\n<p><strong><strong>Buying example: <\/strong><\/strong>Someone chooses the ETH\/USDT trading pair and creates a TWAP bot, the 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. <\/p>\n\n\n\n<p><strong><strong>Selling example: <\/strong><\/strong>Someone chooses the ETH\/USDT trading pair and creates TWAP bot, the 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. <br><\/p>\n\n\n\n<div class=\"wp-container-6a20bebb09b6f wp-block-group\"><div class=\"wp-block-group__inner-container\">\n<hr class=\"wp-block-separator\"\/>\n<\/div><\/div>\n\n\n\n<p><strong>Download the Pionex.US app to trade on the go:&nbsp;<a href=\"https:\/\/apps.apple.com\/us\/app\/pionex-us-buy-btc-and-eth\/id1567213944\">iOS<\/a>&nbsp;|&nbsp;<a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.pionex.us.client&amp;referrer=utm_source%3Dofficialweb\">Android<\/a><\/strong><\/p>\n\n\n\n<p>Follow us to stay up to date with&nbsp;<a href=\"https:\/\/www.pionex.us\/en-US\/\">Pionex.US<\/a>&nbsp;news and announcements:<\/p>\n\n\n\n<p><img loading=\"lazy\" src=\"https:\/\/pionexus.zendesk.com\/hc\/article_attachments\/23437221924121\" alt=\"Group_67__1_.png\" width=\"17\" height=\"17\">&nbsp;<a href=\"https:\/\/discord.gg\/dZbvbeXK46\">Pionex.US on Discord<\/a><\/p>\n\n\n\n<p><img loading=\"lazy\" src=\"https:\/\/support.binance.us\/hc\/article_attachments\/4411746205207\/image6.jpg\" alt=\"image6.jpg\" width=\"18\" height=\"18\">&nbsp;<a href=\"https:\/\/t.me\/pionexus\">Pionex.US on Telegram<\/a><\/p>\n\n\n\n<p><img loading=\"lazy\" src=\"https:\/\/pionexus.zendesk.com\/hc\/article_attachments\/23437268774553\" alt=\"image\" width=\"17\" height=\"12\">&nbsp;&nbsp;<a href=\"https:\/\/www.youtube.com\/@pionexus518\">Pionex.US on YouTube<\/a><\/p>\n\n\n\n<p><img loading=\"lazy\" src=\"https:\/\/pionexus.zendesk.com\/hc\/article_attachments\/23437268779801\" alt=\"image\" width=\"17\" height=\"17\">&nbsp;&nbsp;<a href=\"https:\/\/twitter.com\/PionexUS\">Pionex.US on Twitter<\/a><br><br><em>Trading in the crypto market carries a substantial risk and the possibility of making both significant profits and losses. Please trade cautiously,&nbsp;<\/em><em><a href=\"http:\/\/pionex.us\/\" target=\"_blank\" rel=\"noreferrer noopener\">Pionex.US<\/a><\/em><em>&nbsp;could not assure any profit.&nbsp;<\/em><em><a href=\"https:\/\/www.pionex.us\/blog\/important-information-about-use-of-the-pionex-us-platform-and-risk-disclaimer\/\" target=\"_blank\" rel=\"noreferrer noopener\">Risk Disclaimer<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>You can get a lower average transaction price while minimizing the impact of the transaction on the market.<\/p>\n","protected":false},"author":12,"featured_media":13991,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[875,19],"tags":[],"_links":{"self":[{"href":"https:\/\/www.pionex.us\/blog\/wp-json\/wp\/v2\/posts\/232"}],"collection":[{"href":"https:\/\/www.pionex.us\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pionex.us\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pionex.us\/blog\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pionex.us\/blog\/wp-json\/wp\/v2\/comments?post=232"}],"version-history":[{"count":27,"href":"https:\/\/www.pionex.us\/blog\/wp-json\/wp\/v2\/posts\/232\/revisions"}],"predecessor-version":[{"id":15596,"href":"https:\/\/www.pionex.us\/blog\/wp-json\/wp\/v2\/posts\/232\/revisions\/15596"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pionex.us\/blog\/wp-json\/wp\/v2\/media\/13991"}],"wp:attachment":[{"href":"https:\/\/www.pionex.us\/blog\/wp-json\/wp\/v2\/media?parent=232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pionex.us\/blog\/wp-json\/wp\/v2\/categories?post=232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pionex.us\/blog\/wp-json\/wp\/v2\/tags?post=232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}