Set the Amount per order as 0.1 BTC Setting the Number of visible order as 5 Set the Order amount as 5 BTC In Advance settings, set the preference as Price-speed balance Setting the Limit price at 35,000 USDT Set the Start condition as InstantWhat happens after I configure and start the Iceberg bot?

A simple illustration on how this form works: Let's say UserXYZ on the OKX exchange platform bought 0.1 BTC for $1,000 on 1/1/2025 with a transaction fee of $10 and later on sold 0.1 BTC on 1/2/2025 for $1,500. A form 1099-DA will be issued to UserXYZ from OKX and a copy of the 1099-DA will be shared with the IRS.

Initial: Funding account 5,000 USDT Flexible/Fix Loan: user stakes 5,000 USDT to borrow 0.1 BTC Comparison between user assets after the loan and snapshot data: Account equity Snapshot Initial assets 5,000 USDT Loan User puts down 5,000 USDT as collateral to borrow 0.1 BTC Borrowed loan? Funding account: 0.1 BTC Grow account: 3,422.46 USDT Note: This is a user's collateral equity.

Charge rule of crypto: Fee = Fee rate × Amount of bought crypto when order was filled; Take BTC/USDT spot as an example, assuming the current price of BTC is 20,000 USDT; Trader A (Maker fee: 0.08%; Taker fee: 0.1%) bought 1 BTC at market price, and became a taker of this trade, so the Trading fee = 0.1% × 1 = 0.001 BTC, and A will receive 0.999 BTC after fee deducted; Trader A sold 1 BTC at limit price, and received 20,000 USDT.

Example: How Grid Profits Are Calculated for an Order Group Order amount (BTC) Fill price (USDT) Actual fee deducted (assume, fee rate = 0.1%) Notes BUY 0.00005222 100,000 0.00000005222 BTC For the buy trx, the actual fee is deducted in base currency SELL 0.00005216 101,000 0.00526816 USDT For the sell trx, the actual fee is deducted in quote currency Below is an example of a Spot Grid order group that includes one Buy and one Sell transaction on the BTC/USDT pair.

The bot sells your holdings at a loss, preventing further downside but locking in the loss.Example of execution: Example of an order filled at 100,000 USDT: Buying 0.1 BTC with 10,000 USDT in the bot order book Time Description t=0 Trading Pair: BTC/USDT Price step : 1% Price step multiplier : 1.1 Maximum Safety Orders : 3 Initial Order: 10000 USDT Safety Order Amount : 5000 USDT Amount multiplier: 2 Take Profit: 5% Stop loss: 3% Current price: 100000 USDT After the initial trade is filled, the bot