Invest
OKX launches automated trading bots for Australian crypto traders
Cryptocurrency platform OKX Australia has introduced two automated trading bots aimed at helping local traders manage their digital asset portfolios around the clock.
OKX launches automated trading bots for Australian crypto traders
Cryptocurrency platform OKX Australia has introduced two automated trading bots aimed at helping local traders manage their digital asset portfolios around the clock.
The company launched its Spot Grid Bot and DCA Martingale Bot as Australia's cryptocurrency user base is expected to reach 11.8 million in 2025, according to Statista.
The Spot Grid Bot creates a range of automated buy and sell orders within price parameters set by users, while the DCA Martingale Bot manages positions by automatically purchasing additional assets when prices fall.
Both trading tools include risk management features like customisable stop-loss settings and real-time monitoring capabilities.
"These automated solutions are powerful tools offered to users to manage their trading," OKX Australia said.
The platform has seen local trading volumes triple since launching in Australia in May 2024.
Both bots are currently available through the OKX mobile app, with web access planned for future release.
The company is running a promotion offering rewards up to 60 USDT for users who complete bot-related quizzes and achieve certain trading volumes.
OKX Australia allows direct Australian dollar deposits and withdrawals, offering over 503 cryptocurrency trading pairs and more than 278 tokens.
The platform recently won "Cryptocurrency Exchange of the Year" at the WeMoney Cryptocurrency Awards and has increased its local team by 150% in recent months.
OKX is currently running its Summer of Crypto campaign until February 28, 2025, featuring billboards across Sydney displaying real-time cryptocurrency prices alongside median house prices.
New customers can receive $20 in Bitcoin when trading $20 within their first 14 days of joining the platform.
RELATED ARTICLES
Cryptocurrency
Ethereum and Niche Tokens Give Australia a Unique Edge: Kraken’s 2025 Wallet Analysis
Kraken, a prominent and secure global cryptocurrency platform, has unveiled a comprehensive analysis of millions of wallets from its Australian clientele, showcasing unique trends in crypto asset ...Read more
Cryptocurrency
Gemini strengthens Australian presence with new leadership and AUSTRAC registration
In a significant move to bolster its presence in the Asia-Pacific region, global cryptocurrency platform Gemini has announced a strategic expansion in Australia. This development includes the ...Read more
Cryptocurrency
Asset managers eye $235bn tokenisation opportunity as TradFi and DeFi converge
In a striking revelation, a global survey conducted by Calastone has unveiled a $235 billion opportunity for tokenised funds, highlighting a significant convergence between traditional finance ...Read more
Cryptocurrency
Big four bank pilots crypto‑backed mortgages: what it means for lenders, borrowers and the market
An Australian big four bank is trialling home loans secured by units in a regulated Bitcoin ETF — a cautious bridge between digital assets and traditional credit. If executed well, the model could ...Read more
Cryptocurrency
Webull launches cryptocurrency trading for Australian investors
Webull Securities Australia Pty Ltd, a subsidiary of Webull Corporation, has unveiled its cryptocurrency trading platform for Australian users, marking a significant expansion in the company’s ...Read more
Cryptocurrency
New survey reveals high crypto adoption in Australia amid housing affordability concerns
A new survey by Protocol Theory, in partnership with cryptocurrency exchange Easy Crypto, has found that nearly 50% of Australians have bought or are considering buying cryptocurrency in the next ...Read more
Cryptocurrency
Investing in digital assets: A new avenue for earning
The digital age has introduced a plethora of new investment opportunities, ranging from cryptocurrencies and blockchain technology to digital art and tokenized assets. For investors in Australia ...Read more
Cryptocurrency
Navigating the crypto landscape: A beginner's guide to investing in Australia
Cryptocurrency has taken the world by storm, offering an innovative platform for digital assets and investments. In Australia, the crypto market has seen substantial growth, attracting both seasoned ...Read more
Cryptocurrency
Ethereum and Niche Tokens Give Australia a Unique Edge: Kraken’s 2025 Wallet Analysis
Kraken, a prominent and secure global cryptocurrency platform, has unveiled a comprehensive analysis of millions of wallets from its Australian clientele, showcasing unique trends in crypto asset ...Read more
Cryptocurrency
Gemini strengthens Australian presence with new leadership and AUSTRAC registration
In a significant move to bolster its presence in the Asia-Pacific region, global cryptocurrency platform Gemini has announced a strategic expansion in Australia. This development includes the ...Read more
Cryptocurrency
Asset managers eye $235bn tokenisation opportunity as TradFi and DeFi converge
In a striking revelation, a global survey conducted by Calastone has unveiled a $235 billion opportunity for tokenised funds, highlighting a significant convergence between traditional finance ...Read more
Cryptocurrency
Big four bank pilots crypto‑backed mortgages: what it means for lenders, borrowers and the market
An Australian big four bank is trialling home loans secured by units in a regulated Bitcoin ETF — a cautious bridge between digital assets and traditional credit. If executed well, the model could ...Read more
Cryptocurrency
Webull launches cryptocurrency trading for Australian investors
Webull Securities Australia Pty Ltd, a subsidiary of Webull Corporation, has unveiled its cryptocurrency trading platform for Australian users, marking a significant expansion in the company’s ...Read more
Cryptocurrency
New survey reveals high crypto adoption in Australia amid housing affordability concerns
A new survey by Protocol Theory, in partnership with cryptocurrency exchange Easy Crypto, has found that nearly 50% of Australians have bought or are considering buying cryptocurrency in the next ...Read more
Cryptocurrency
Investing in digital assets: A new avenue for earning
The digital age has introduced a plethora of new investment opportunities, ranging from cryptocurrencies and blockchain technology to digital art and tokenized assets. For investors in Australia ...Read more
Cryptocurrency
Navigating the crypto landscape: A beginner's guide to investing in Australia
Cryptocurrency has taken the world by storm, offering an innovative platform for digital assets and investments. In Australia, the crypto market has seen substantial growth, attracting both seasoned ...Read more
