How to Connect a Trading Bot on OKX: Complete Setup Guide

Setting up automated trading on a crypto exchange might sound complicated, but it's actually straightforward once you know the steps. If you're looking to connect a trading bot to OKX, you're in the right place. This guide walks you through the entire process, from enabling the right account settings to creating API keys and launching your bot.

Enable Futures Trading First

Before diving into bot setup, there's one critical step you can't skip: enabling futures trading in your account mode. Without this, your bot won't be able to execute trades on futures markets.

On desktop:
Navigate to your account settings and switch to the trading mode that includes futures. It's usually just a toggle, but it's easy to overlook.

On mobile:
Open the OKX app, go to your account settings, find the account mode section, and make sure futures trading is enabled. The interface might look slightly different from desktop, but the option is there.

Once futures trading is active, you're ready to move forward.

Connecting the Kefel Trading Bot

With your account configured properly, it's time to connect a trading bot. For this guide, we'll use Kefel, a popular automated trading platform that works seamlessly with OKX. The platform offers multiple algorithms designed for different risk levels and market conditions.

Register or log into your Kefel account, then click "Create Bot" to get started.

Choosing Your Trading Algorithm

Kefel offers several algorithms, each with its own approach to risk and market behavior:

• Spider Desperado - Active trading with higher risk. Handles both trend and counter-trend movements with dynamic take-profit levels and multiple protection layers.

• Spider MIX - Fast trading of popular coins with moderate risk and dynamic take-profits. Works well for larger deposits.

• Spider MEM - Specializes in meme coins with moderate risk. Quick trading with dynamic take-profits.

• Spider Medium - Intelligent grid trading with conservative risk (below average). Great for larger deposits.

• Spider Low - Grid trading with reduced risk. Another solid option for bigger accounts.

• Spider High - Grid trading with elevated risk for those comfortable with volatility.

• Sushi-Chef - Capitalizes on sharp market drops when most traders are confused. Counter-trend only.

• Phantom - Features buy averaging and smart take-profits. Best during market uptrends. Counter-trend focus, suitable for larger deposits.

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After selecting your algorithm, choose OKX as your exchange and proceed to API key creation.

Creating Your OKX API Keys

API keys are what allow Kefel to connect to your OKX account and execute trades on your behalf. Here's how to set them up properly.

Select the account you want to connect. If you have sub-accounts in addition to your main account, make sure you're working with the right one.

Go to your profile and select API from the menu.

Setting Up Two-Factor Authentication

If you haven't set up authentication yet, OKX will prompt you to link either a phone number or an authenticator app. We recommend using an authenticator app for better security.

Scan the QR code with your authenticator app (like Google Authenticator), and save the backup code somewhere safe. You'll need this if you ever lose access to your device.

Confirm the setup by entering codes from both your email and the authenticator app.

Generating the API Keys

Now you're ready to create the actual API keys. Click Create API to begin.

Before filling out the form on OKX, go back to your Kefel dashboard and copy the list of IP addresses provided there. These IP addresses tell OKX which servers are allowed to access your account through the API.

Return to OKX and paste the IP addresses into the appropriate field. You'll also need to set a passphrase—choose something secure and make sure to save it.

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Confirm everything using your Google Authenticator code.

Your keys are now created! Click Show Details to view them.

Completing the Bot Connection

Copy your API keys (both the API key and secret key) and paste them into the corresponding fields in your Kefel dashboard.

Don't forget to enter the passphrase you created when setting up the API keys. This is required for the connection to work.

Click Next to proceed.

Finally, fund your OKX account with the amount you want to allocate to bot trading, then click Create Bot in Kefel to finalize the setup.

The Kefel trading bot will launch within one hour. You'll be able to monitor its performance directly from your Kefel dashboard.

You're All Set

Your trading bot is now connected and will start executing trades based on the algorithm you selected. Remember to monitor its performance regularly, especially during the first few days, to make sure everything is working as expected.

Automated trading removes emotion from the equation and can help you capitalize on market movements 24/7. Just make sure you understand the risks involved and only trade with funds you can afford to lose.