Heading into the holiday season, I’m going to do a small “DO YOU KNOW” thread, one tweet per day, on how I like to use @okx app in US. Let’s see how many days I can go…
DO YOU KNOW 1️⃣ My favorite basic move on @okx app: Place a recurring buy order for bitcoin (daily, weekly or monthly), using USDG balance ✅ dollar cost average at my own pace ✅ 4% APY (paid weekly) with idle USDG ✅ pair this up with a recurring buy of USDG to maintain the dry powder ✅ accumulate bitcoin and later withdraw into cold wallet
DO YOU KNOW 2️⃣ A more advanced move beyond recurring buy: Go to “exchange mode” on @okx app and set a limit order with USDG balance ✅ buy the dip with precision while asleep ✅ set it up and forget about it ✅ 4% APY (paid weekly) on idle USDG when waiting for a good entry ✅ Make volatility your best friend and reduce your average cost of acquisition I woke up this morning to another Bitcoin Black Friday. Luckily I’ve placed a limit order a few days ago, and it has been executed automatically😉
DO YOU KNOW 3️⃣ When you want to trade a @solana or @base token before you can have it on any US CeFi platform, you can easily access them on @okx app through the “search” bar or “DEX” menu ✅ Access trending DEX assets and get ahead of the curve ✅ Roam DEX in a seamless CeFi environment ✅ Buy DEX asset with ApplePay ✅ Retain full control over your DEX assets through self-custody
DO YOU KNOW 4️⃣ It’s weekend. I don’t want to spend my precious family time on trading. Luckily on @okx US, swipe to “exchange” mode, find the “bot” button, and you’ll be able to set up a SPOT GRID bot to take advantage of a sideways market and/or high market volatilities. Let the bot do the heavy lifting for you. ✅ A good short-to-medium-term tactical tool to keep things simple and automatic ✅ Turn volatility and sideways movements into profits ✅ Ability to set TP/SL for better risk management ‼️ alert: A spot grid bot is not a long-term strategy. It generally does NOT work in a strong sustained up or down trend, nor for assets with low volatility. For assets with high volatility, you’ll also need to closely monitor the bot and the market situations. ‼️Always study the risks of the tools and the underlying assets before getting into them… There are a lot of free education resources on YouTube. DYOR before putting real money to anything AND - Go touch grass… 🏈⚽️🏀⚾️🏸🚴
DO YOU KNOW 5️⃣ If you are US customer, you can earn 5% APY on your new USDG deposit with @okx ✅ Better yields and more flexibility than bank CDs ✅ Paid out weekly. No holding period requirements. No cap ✅ Dry powder for action when market window opens (even for just one minute) ✅ Can be coupled with recurring buy, limit order or other trade orders to be your smart yielding capital
DO YOU KNOW 6️⃣ It’s holiday season! @okx US team is offering a special gift to our US community. Any of our US customers can give $50 gift each to 5 of their friends. ✅ $250 gift ON US. You don’t have to pay anything out of your pocket! ✅ Your friends each get $50 free gift from you if they pass kyc ✅ No catch ✅ This offer ends on Dec 7th Share the joy 🎁🎁🎁
DO YOU KNOW 7️⃣ “DCA” plus “buy-the-dip” is my usual way of accumulating bitcoin. I’m also starting to experiment with “DCA Bot”. Welcome expert thoughts and feedback since I’m not a trader and this is the first time I put up a price-triggered DCA bot… Swipe to “exchange” in @okx US app. Under “Bot” section you will see two bots available: spot grid bot that I talked about a few days earlier, and “spot DCA bot” that I’m trying now This bot allows you to ✅ set recurring buys at a trigger price (in my case, I ask it to buy at every 2% dip) ✅ define how many buys you want in one bot, and how much to buy each time ✅ define a “take profit” point to close the bot I’m putting in an experimental amount to see if this bot can help me capture some market volatility in the future. I’ll be patient. Wish me good luck… ‼️ alert: DYOR. Be vigilant. Only invest in what you understand. Only put in what you can afford to lose.
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