What are DCA bots?

Dollar-Cost-Averaging (DCA) bots are automated trading bots, which allow you to automatically buy coins based on a preset investment amount, and time intervals within a specific period, reducing the need to keep an eye on the market all the time. 

 

The DCA strategy is an investing technique that helps users average the price of their coins by investing a predetermined amount of coins on a regular basis.

 

 

 

What products support DCA trading on Bybit?

Currently, DCA trading is supported on our Spot platform. 

 

 

 

What tokens does Bybit support for creating my DCA Bot?

Currently, USDT and USDC are supported. Please note that one DCA bot cannot use two investment currencies simultaneously. 

 

 

 

Which coins are supported by DCA bots?

The supported coins are BTC, ETH, MNT and more. For more supported coins, please head to the order page to view.

 

 

 

 

Are there any fees associated with DCA bots? 

The fee structure is the same as that for rates incurred when you trade on Bybit's Spot. 

 

 

 

What kind of market is suitable for DCA trading?

Since you’ll be investing at regular intervals, DCA Bots are suitable for both bull and bear markets. No extra fees will be charged. Please note that trading fees will only be charged if your Spot orders are successfully filled.

 

 

 

Are there any KYC requirements for DCA trading?

Yes, Individual KYC Lv. 1 or Business KYC is required. For more information on how to verify your account, please refer to How to Complete Individual KYC Verification.

To learn more about KYC verification, please refer to the following articles:

• Individual KYC FAQ
• Business KYC FAQ

 

 

 

Which account do I use for DCA trading?

DCA trading will be channeled directly through your Bybit Funding Account and BOT Account.

When you create a DCA bot, the system will automatically transfer the required amount of funds from your Bybit Funding Account to the BOT Account before each purchase. 

Please make sure that you have sufficient funds in your Funding account. 

 

 

 

Where can I view the amount to create a Bot transferred from the Funding Account?

Click on Assets → Funding Account → History → Filter Type to Bot in the All Transactions page.

 

 

 

 

How does DCA bot settle?

When you manually terminate the DCA bot, if you choose to settle with the coins you hold, no transaction will occur — coins will be returned from your Bot Account to your Funding Account. When you choose to settle in USDT, it will be settled at the market price. The settlement coin will automatically be transferred from your BOT Account to your Bybit Funding Account after your DCA bot is terminated. 

 

 

 

How do I calculate profit?

The calculation of your DCA bot profit is based on the following formula:

DCA Bot Profit = Sum (Coin Quantity × Price) − Total Investment Amount

 

 

 

Are there limits on the amount of investment for DCA trading?

Yes. The specific minimum/maximum order quantity can be viewed in the order zone.

 

 

Please note that each fixed investment amount is subject to the minimum and maximum order value per transaction in the Spot market. For more information, please refer to Bybit Spot Trading Rules.

 

 

 

What regular intervals are provided for creating DCA bots?

Bybit provides various time interval settings. Details are as follows:

 

 

 

 

What’s the maximum number of coins that can be used to create a DCA bot at the same time?

You can select up to five coins for a DCA bot.

 

 

 

How many DCA bots can I run simultaneously?

Currently, you can have up to 50 trading bots — DCA bots and Spot Grid bots — running at the same time. Multiple DCA bots can be created for the same coin.

 

 

 

Can I adjust my DCA bot parameters?

Yes. You can modify three parameters of the running DCA bot, including the Investment amount in a single coin, Investment Frequency, and Max. investment amount for DCA bot (Optional). The new DCA trading strategy will take effect immediately after the parameters are modified and successfully saved. Please note that the selected coins for each bot cannot be modified. 

 

 

 

Why does my DCA bot automatically cancel?

This happens when you set this parameter: Max. investment amount for DCA bot (optional). 

 

 

When the [Max. Investment Amount for DCA bot − (Count × Investment Amount per transaction)] is less than the investment amount per transaction, the system will automatically terminate your DCA bot. Coins held in your DCA bot, such as BTC or ETH, will immediately be returned to your Funding account.

 

 

 

Why is my DCA bot unable to successfully auto-purchase?

If you encounter this issue, please try the following methods:

1. Please check whether there’s enough USDT or USDC in your Funding account to meet the preset fixed investment amount of your DCA trading strategy.
2. If the assets are sufficient, please check to see whether the following parameter that you’ve set is within the specified limits:  Max. investment amount for DCA bot (optional).

 

If the DCA bot still fails to be created, please reach out to Customer Support by submitting a case via this form.

 

 

 

Under what circumstances will l be notified about DCA trading?

You will be notified by email and push notification in the following case:

• The available balance in your Funding account isn’t enough to support the next scheduled investment.

 

 

 

What happens if I don't have enough funds in my Funding account before the DCA bot  auto-purchase?

You will receive an email and push notification to remind you to deposit funds into your Funding account.

 

If you fail to deposit sufficient funds in time for the next auto-purchase, the DCA bot will be suspended. And after there are sufficient funds in the Funding account, it will be automatically activated again at the next auto-purchase time.

 

Please note that the suspension of DCA bot due to insufficient funds will not automatically close it. If you want to terminate your DCA bot, please close it manually.

 

 

 

Will my position be liquidated in DCA trading?

Currently, Bybit only supports a Spot DCA bot, so users have no risk of liquidation.

 

 

 

Where can I view my order history?

Please head to My Bots to view all active and completed trades. Click on Details to view the details of your trade under Status, Order History and Parameters.