Home Crypto TWAP Bot Review: What Do You Need to Know?

TWAP Bot Review: What Do You Need to Know?

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TWAP Bot Review: What Do You Need to Know?

TWAP Bot is a bot that was designed for working with our crypto assets. The presentation looks averagely informative. So, it’s the right time to check the system out before starting working with it.

TWAP Bot overview

Twap Bot is a trading advisor that is a part of the Pionex portfolio. We can give the system a free try using it on our Pionex account. 

TWAP Bot quick summary

There’s various information about the system provided. So, you can check it in the following list. 

  • The robot can execute orders for us automatically. This allows us to provide only general supervision. 
  • The system works with a time weighted average price algorithm.
  • It manages a lower average transaction price while minimizing the impact of the transaction on the market.
  • This can reduce a transaction cost. 
  • We can customize various parameters like order period or buy/sell quote each time.
  • We can trade on the following periods: 10 Sec, 30 Sec, 1 and 5 minutes. 
  • Trading is possible in both directions. 
  • The devs provide us with the example to understand the market better: Someone chooses the ETH/USDT trading pair and creates a TWAP bot, the time frequency is set to 10 seconds, the purchase amount is 1000 USDT each time, and the total investment amount is 100,000 USDT. Then the bot will sequentially buy 1000 USDT every 10 seconds, a total of 100 times.
  • If someone chooses the ETH/USDT trading pair and creates a TWAP bot, the time frequency is set to 10 seconds, and each time 1 ETH is sold, the total sold amount is 100 ETH. Then the bot will sequentially sell 1 ETH every 10 seconds, for a total of 100 sales.
  • We don’t have extra details about the system and its functionality. 

What does TWAP Bot offer?

The system works with the crypto market 24/7 seeking trading opportunities. It’s an absolutely free system that makes it accessible to everyone.

TWAP Bot reputation

The Pionex has a great reputation among traders. The comapny has already developed 16 crypto trading systems that are widely used by traders. 

What crypto exchanges are supported?

The robot can be used on Pionex exchange. 

Price

TWAP Bot is a download free system that was designed to work on the Pionex exchange. 

Security and privacy of TWAP Bot

The system supports trading through API keys. We can be sure that the robot won’t withdraw our account. 

What about the customer support?

People shared positive experiences from using Pionex support on Trustpilot.

Profitability of TWAP Bot

We don’t know for sure if the system can make profits. It’s a con because it’s not possible to predict how the system will work for us. 

Deposits, withdrawals and fees

We can work with any deposit size. There are no withdrawal or fee requirements applied.

Advantages of TWAP Bot

Download-free solution

We can get a copy for free and get started almost immediately. 

Positive customer testimonials 

Pionex testimonials on Trustpilot.

Pionex created a page on Trustpilot with 277 reviews posted. The total rate is 4.2. 

Pionex testimonials

People shared their positive experience of using Pionex crypto trading bots. 

Disadvantages of TWAP Bot

No settings list provided

The developers don’t reveal settings details. 

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