The purpose of TWAP is to minimize the market impact on basket orders. This bot triggers the order based on the predefined time intervals. It calculates the order price based on the current best bid/offer price，then splits the order into smaller ones and places them on the market(If the order is not fully filled, it will be canceled directly according to the IOC order rules). 2.

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If you're looking for a new crypto exchange, here are a few things to consider about OKX: Low trading fees in the Netherlands & Belgium: OKX's maker fee starts at 0.08%, making it the most competitive offer in the Netherlands. We also offer free iDeal, Bancontact and SEPA bank transfers. Regulated in Europe: OKX was the first to obtain a MiCA license, making it available for the whole of Europe.

The purpose of TWAP is to minimize the market impact on basket orders. This bot triggers the order based on the predefined time intervals. It calculates the order price based on the current best bid/offer price，then splits the order into smaller ones and places them on the market(If the order is not fully filled, it will be canceled directly according to the IOC order rules). 2.