TWAP Trading Bot
Valery avatar
Written by Valery
Updated over a week ago

What are Time-Weighted Average Price (TWAP) Bots?

TWAP stands for Time-Weighted Average Price. It is a pricing algorithm used to calculate the average price of an asset over a set period.

TWAP is a trading strategy used to execute a large-volume order by splitting it up into equal parts across a fixed interval in order to minimise slippage and signalling and to ensure the order is completed.

TWAP Bot is available for the following pairs:

USD Pairs

USDT Pairs

BTC Pairs

EUR Pairs

CRO Pairs

ETH Pairs

1INCH

AAVE

ADA

BTC

ATOM

CDCETH

AAVE

ACH

ATOM

ETH

ETH

SOL

ACH

ADA

BCH

SOL

ACS

AKT

CRO

XRP

ADA

ALGO

DOGE

AERO

ALI

ETH

AEVO

APE

LINK

AGIX

API3

LTC

AKT

APT

SOL

ALGO

AR

VET

ALI

ARB

XRP

ALT

ASTR

AMP

ATOM

APE

AVAX

API3

AXL

APT

AXS

AR

BADGER

ARB

BCH

ARK

BICO

ARKM

BIGTIME

ASTR

BLUR

ATOM

BOME

AURORA

BONE

AVAX

BONK

AXL

BTC

AXS

CELR

BADGER

CHZ

BAL

CKB

BCH

CORGIAI

BCUT

COTI

BEAMX

CQT

BEAT

CRO

BICO

CSPR

BIFI

CTSI

BIGTIME

DAR

BLUR

DOGE

BOME

DOT

BONE

DYDX

BONK

EGLD

BOSON

ELON

BTC

ENJ

CANTO

ENS

CDCETH

ETC

CHESS

ETH

CHZ

FET

CKB

FIL

COQ

FLOKI

CORGIAI

FLOW

COTI

FLUX

CQT

FTM

CRO

GALA

CROB

GLM

CSPR

GRT

DATA

HBAR

DEGEN

HNT

DERC

ICP

DOGE

ILV

DOT

IMX

DYDX

INJ

DYM

IOTX

EGLD

JASMY

ELA

LADYS

ELON

LDO

ENJ

LINK

ETC

LMWR

ETH

LTC

ETHW

LUNA2

FET

LUNC

FIL

MANA

FITFI

MASK

FLIP

MATIC

FLOKI

MAVIA

FLUX

MBL

FTM

METIS

GALA

MOBILE

GARI

NEAR

GAS

NEON

GEKKO

OCEAN

GEL

ONE

GHST

OP

GLM

ORDI

GNS

PEPE

GRAIL

POLS

GRT

PYR

HBAR

QI

HNT

QNT

HOT

RNDR

ICP

RUNE

ILV

SAND

IMX

SC

INJ

SEI

IOTX

SHIB

JASMY

SLP

JTO

SOL

JUP

SPELL

KDA

STX

KRL

SUI

LADYS

THETA

LBR

TIA

LDO

UNI

LEASH

VET

LINK

VOXEL

LMWR

WBTC

LSK

WIF

LTC

WLD

LUNA2

XLM

LUNC

XRP

LYX

XTZ

MANA

XYO

MATIC

MAVIA

MBL

MLK

MNDE

MOBILE

MOG

MXC

MYRO

NEAR

NEON

NTRN

OAS

OCEAN

ONDO

ONE

OP

ORAI

ORDI

OXT

PENDLE

PEPE

PIXEL

POL

POLS

PRIME

PRQ

PUSH

PYR

PYTH

QI

QNT

QRDO

QUICK

RADAR

REEF

REQ

RNDR

RONIN

RUNE

SAND

SC

SEI

SHIB

SHRAP

SLN

SLP

SOL

SPA

SPELL

STPT

STX

SUI

SYN

THETA

TIA

TRAC

UNI

UNIBOT

VANRY

VELODROME

VET

VTHO

WEN

WIF

WLD

XAI

XCH

XLM

XPLA

XRP

XTZ

XYO

ZETA

ZIL

ZK

How do I create a TWAP Bot?

  1. In the Trading Bots page, tap Create a Bot on a token you would like to use the TWAP Bot on.

2. Fill out the following parameters:

a. Trading Pair

b. Side - Buy/Sell

c. Order Type - Limit/Market

i. If you are making a Limit Order, enter your Limit Price

d. Quantity - The amount you would like to buy/sell in its base currency

e. Duration - How long you want the bot to run for

f. Start Time - Select a time that you would like the Bot to start buying/selling

3. Tap Proceed and the TWAP Bot will be finalised. You will receive a confirmation prompt for your new TWAP Bot. Additionally, you can name your TWAP Bot if you would like to.

4. Read the Trading Bots T&Cs. Confirm that you have read and agree to the T&Cs after reviewing them.

5. You have successfully created a TWAP Bot. You may view its full details under Dashboard > My Bots > TWAP Bot.

How do I view my TWAP Trading Bots?

  1. To view all your trading bots, navigate to your Dashboard. Here, you will see a snapshot of your active trading bots.

  2. To view your TWAP Trading Bot(s) specifically, navigate to Bots > TWAP Bots. There is also an option to filter Trading Bots that are Active, Paused, or Ended.

3. If there is a TWAP Bot that you would like to view in greater detail, simply click the bot’s row. Here, you will be able to see the bot’s full transaction history.

How do I edit an existing TWAP Trading Bot?

You have the option to edit your TWAP Bot’s name. But to change the bot’s parameters, please terminate the existing one and create a new TWAP Bot. This is because a TWAP Bot is generally active for a very short period of time.

  1. In your Dashboard, navigate to My Bots > TWAP Bot

  2. Select a Trading Bot that is currently active

  3. Click Actions > Edit Bot

  4. A pop-up window will appear, allowing you to change your TWAP Bot’s name

  5. Once you’ve entered a name, click Proceed. You will see a summary of your edit. After your review, click Confirm.

Can I terminate my TWAP Bot before the End Date is reached?

Yes, you can terminate your TWAP Bot before its End Date. Follow the steps below to do so:

  1. In your Dashboard, navigate to My Bots > TWAP Bot

  2. Select a Trading Bot that is currently active

  3. Click Actions > End Bot

  4. A confirmation prompt will appear with the selected TWAP Bot’s details. All coins bought/sold will retain their balance in your Wallet.

  5. After reviewing the details, click End Bot

Does the TWAP Bot have any fees or charges?

There are no additional fees or charges for using the TWAP Bot.

The fees incurred are the same as if you were to place a Limit Order in the Spot Trading page.

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