# TWAP Bot

* By DAVE

### 1. Why do you need TWAP Bot? <a href="#id-4044" id="id-4044"></a>

A TWAP strategy underpins more sophisticated ways of buying and selling than simply executing a lot of single orders. For example: Dumping a huge number of Coins in one big order is likely to affect market perceptions, with an adverse effect on the price.

High-volume traders use TWAP to execute their big trades over a specific time period, so they won‘t affect the true market price too much. TWAP basically is a strategy of executing one big order, as multiple smaller orders, over a specified time period.

### 2. How to use TWAP on Pionex? <a href="#id-90c3" id="id-90c3"></a>

Visit Pionex and select TWAP from the list of trading tools.buy/sell through TWAP

![](https://blog.pionex.com/wp-content/uploads/2021/05/TWAP-Bot_1-1024x423.png)

**Simply input 2 parameters:** Order Period and Total Investment, and the TWAP will be ready. Pionex lets you to choose one of 5 different Order Periods for the TWAP strategy: 1 Hour, 6 Hours, 12 Hours, 1 Day, and 7 Days.

TWAP will place an order according to your configuration every 10 minutes.

### 3. Example of using a TWAP Bot <a href="#d246" id="d246"></a>

Sell 1 ETH by using TWAP: Set the investment period to 1 hour and the total investment for TWAP as 1 ETH. According to the system estimation, it’ll sell 0.1666 ETH every 10 minutes. After 1 hour the strategy is finished and the full amount of 1 ETH will have been sold, without having too much effect on the market price in the process.


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