A Guide to OKX’s Trading Bots EEA Region

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Twitter is treating Bulgarians tweeting in Cyrillic like Russian bots

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Except their friends can’t receive any notifications from them or see their contributions to group conversations. As the resident language expert on our product design team, naming things is part of my job. When we began iterating on a bot within our messaging product, I was prepared to brainstorm hundreds of names. The Spot DCA bot is designed to build or exit crypto positions in the spot market gradually. Dollar-cost averaging (DCA) is a strategy traders and investors use to buy crypto at specific intervals, such as time and price levels. For instance, an investor may purchase 0.001 Bitcoin, worth $107 each, every two weeks to become closer to acquiring one full BTC one day.

Publishers That Buy Traffic and Intend to Cheat

While partners may reward the company with commissions for placements in articles, these commissions do not influence the unbiased, honest, and helpful content creation process. Any action taken by the reader based on this information is strictly at their own risk. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated. Additionally, in a downtrend, filled buy orders may lead to losses. Therefore, traders should keep in mind that the grid bot may lack flexibility should a market’s conditions suddenly change.

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Optus is effectively humanising the 150 software bots it now uses to automate either parts of or complete processes in 10 business units, from giving the bots names to incorporating their needs into change planning. The HR department’s role does not end with bot deployment, however. Continued integration of the hybrid workforce calls for new approaches to employee development and performance management. As job definitions change, so do performance expectations, in which case HR should work with IT and team leaders to set new metrics for both humans and the bots. These fears may be alleviated if IT, HR and team leaders anticipate employee concerns and act to reassure them of their future alongside bots.

A Guide to OKX’s Trading Bots (EEA Region)

This strategy profits from market volatility by automatically executing buy orders at lower prices and sell orders at higher prices. A trading bot is a computer program that trades on the user’s behalf. These bots are governed by complex algorithms that determine the best trades to earn a profit. They can trade anything from stocks to cryptocurrencies, and more.

  • Amplify your reach, spark real connections, and lead the innovation charge.
  • They will load pages on websites that pay them the traffic — i.e. the long tail sites that have few to no humans visiting.
  • OKX is among the first MiCA-licensed global crypto exchanges to offer services in the E.U.
  • The Spot DCA bot is designed to build or exit crypto positions in the spot market gradually.
  • Yet studies consistently show that smartphone users have condensed their daily screentime time into just a handful of favourite apps, often a browser, a couple of chat and social apps and maybe a game or two.

So publishers usually want these bots to come to their pages, as long as the quantity is not that high. In the #FouAnalytics chart below, you can see the search engine bots in yellow — small quantities (around 1%). Depending on the site and the frequency with which content is updated, good bots like search crawlers will visit between 1 – 3% of the time. In other words, 1 – 3% of the pageviews may be from a search crawler.

In the image below, imagine executing a long order at the top, the middle, and then the bottom. You may recoup the losses of the first two orders if the market retraces; however, there is no guarantee that this will occur. Bots have reshaped trading by automating complex and rapid trading strategies, and as a result, have become crucial with the advent of high-frequency trading (HFT).

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The OKX DCA bot’s strategy begins with an initial order that is programmed to execute a specific number of times. If the asset’s price drops by a certain percentage, chosen by the user, the bot will execute another trade that’s a multiple of the first order. Leading that wave is EdgeBot, a Telegram-native bot built specifically for Avalanche AVAX/USD, which now allows users to trade spot tokens, perpetuals, and meme coins—all without leaving their chat. Of course, if the publisher were not a “good” publisher, the opposite would happen. Publishers who intend to cheat won’t block the bots; in fact they would buy more bot traffic, to increase their own ad revenue.

Top 7 Crypto Prop Firms for Trading in 2025: Best Platforms To Watch

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With less room for bots to jump in where humans cannot, the challenge for businesses on WeChat is to reply to customers within a few seconds of their first enquiry, with 12 seconds being the target, according to Schorr. Since most chat bots aren’t powered by artificial intelligence software, they rely on a cleverly-structured foundation of menu options. The developer behind @my_ali_bot, which lets you browse products on Chinese e-commerce site MyAliExpress on Telegram, says it took him a week to build the bot, which had about 38,000 users in January. By effectively humanising the bots – Optus has previously referred to them as ‘virtual employees’ – the telco also found the bots’ needs were considered as internal system changes were made.

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Moscow-based Igor Polyakov, 25, is the developer behind MyPokerBot on Telegram, which has around 40,000 users. It took him and a colleague one month to build the bot from scratch by working evenings and weekends as a side project; Polyakov is a games developer by day. “At first there were a number of bots that were connecting people like dating services do,” says Pavel Durov, Telegram’s founder, who also founded Vkontakte, known as the Facebook of Russia. “You could potentially make a Tinder-like application within a messaging app. And we saw that happening, bots connecting strangers.” Durov noticed other bots popping up that people could chat to to get showtimes for movie theatres or bus-time-table information. Staff in the different business units that have live bots can also access real-time dashboards that display the bots’ performance.

  • If you want to know what the term “shadow banning” refers to, well, it’s basically this sort of treatment.
  • There is no straight line from a tradesman’s hammer he can repair himself to a chatbot designed and built by a design team somewhere in California (or in Dublin, in our case).
  • Facebook will give further details on its plans to invite businesses to create bots on Messenger when it holds its F8 conference for developers in April, according to multiple sources who have knowledge of Facebook’s plans.
  • Aside from search engine bots, there are other crawlers that perform specific useful tasks.
  • With the many strategies and bots available, users have the potential to take advantage of any market.

That could make it harder for bot developers like Polyakov to pitch their bot-building skills to businesses. Polyakov recently tried reaching out to Russian e-commerce firms, an alcoholic beverage company and home-cleaning service to ask about developing bots for them, but they didn’t respond. There are still many limitations with bots, he concedes, though that could change in time. Approaching talent this way represents a sea change in the operational status quo. Most likely, your company culture calls for your human employees to perform fixed roles within an established organizational chart, following well-entrenched processes. Faced with this possibility, workers often imagine the worst possible scenario — that the bots will replace them.

“They already have the rest of the world using Facebook, and the part not using Facebook is using WhatsApp,” says Schorr. Ideally, Santangelo said that Optus chased a “trifecta” of benefits when deploying software bots; it hopes they increase revenue, reduce costs and help to do things faster. “From there on, we have people we dedicate a certain amount of time to monitor and maintain those bots, and because we have so many, we now monitor and maintain them 24×7. However, Santangelo said the telco had also worked hard to build resiliency into bots from outset, potentially reducing the need for intensive maintenance further down the track.

Seasoned ad fraud researchers know that there is naturally low bot traffic on good publishers’ sites because they DON’T buy traffic of any kind. Fraud bots are very practical and are not going to waste time going to sites that don’t pay them for the traffic. They will load pages on websites that pay them the traffic — i.e. the long tail sites that have few to no humans visiting. But it’s important to note that WeChat is not entirely made up of bots.

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