Founded in 2017, 3Commas was initially created as a trading tool only for personal use, but gradually the platform evolved to gain new functionality and now more than 100 thousand traders have the opportunity to trade on more than 23 exchanges using the its advanced trading terminal, the effectiveness of which is appreciated both by beginners and crypto whales.
Under the partnership with 3Commas, OKEx users will be able to make use of its main advanced trading bots to deploy their trading strategies and maximize profits as a result, including：
Portfolio tracking
Portfolio asset tracking is available to OKEx users. On 3Commas OKEx users can either link an existing portfolio from OKEx, or create a new one by adding the necessary assets. Thanks to a convenient and intuitive interface, you can monitor your own portfolio as well as analyze portfolios with its profit published by other traders.
Smart Trade — integrated trading terminal
By using a smart terminal, all OKEX users can manage several trades across multiple exchange accounts at once, and in addition to that, traders can place types of orders that are not available on these exchanges. Stop Loss and Trailing Stop Loss will help OKEX traders to secure their trade and save it from unexpected market drawdowns, and features like Take Profit, multiple Take Profit Targets and Trailing Take Profit will help traders gain even bigger profits than expected. Currently, the Smart Trade terminal is available for the OKEX spot market.
DCA bots
These bots allow OKEX traders to invest gradually, at levels users preset by “Dollar Cost Averaging” their entry price which also builds position size larger; and minimizing having to use Stop Loss to end a trade prematurely. As an example, let’s say you bought Bitcoin in 2017 for $20,000 — this is the “all-time high” price for Bitcoin so far. And if you really bought it then, you would have to wait for its price to return to the same high level and go even higher for you to sell it with profit.
There is also a simplified version available for traders — the Gordon bot, it is already configured and implements a strategy known as “QFL” (short for “Quick Fingers Luc”).
Plus, there is the excellent “Marketplace” on 3Commas where you can research and purchase trading signals related to OKEx to suit your trading requirements. You can easily find signals for Spot trading!
And here are some 3Commas features currently are not supported for OKEX but which planned to make available for all OKEX traders in the future.
GRID bot
This bot supposed to matchusers trading habits, uses the strategy by which it is named, the essence of which is to buy and then sell an asset at pre-set levels. The trader simply needs to set the range with minimum and maximum prices of the asset, the number of price levels and order size. The bot will do the rest — it will buy when the price of the asset falls and sell when it rises, perfect for trading when an asset is in a period of consolidation!
Options Bot
OKEx launched Option Trading this summer, and options are a rather complex financial instrument, and the complexity tends to scare some traders from being able to take advantage of this power derivative which is unfortunate as there are certain market conditions where you can only make great profits using Options,and 3Сommas will soon integrate OKEx option in the future.
The bot will allow you to quickly create trades on the OKEx implementing advanced strategies that would take some time to calculate manually but only a few button clicks in Options Bot. Take advantage of the ready-made, pre-set and profitable option strategies, which makes it so much more accessible for both beginners and professionals to successfully trade Options like an expert.
Notably, OKEx users will enjoy its comparative advantages on 3Commas terminals over its peers. As of now, these features are available in the spot market.
As a result, OKEx users will have more opportunities to maximize their profits and minimize the risks in volatile market swings. Isn’t that cool?
Beyond that, just like OKEx provides OKEx Academy and paper trading to help users learn crypto and enhance trading skills along the way, users can also approach 3Commas’ informational blog to learn more trading strategies and try them in virtual trading simulation without losing any actual money.
Under the partnership, OKEx and 3Commas will work hand in hand to deliver prime trading experience to their users. If you haven’t tried 3Commas yet, check it out here and start trading today!
was originally published in OKEx Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
