Bybot is an automated trading bot for spot trading on MEXC and BYBIT exchanges. Its strategy is based on averaging: the bot buys lower, sells higher, and when the price drops — it buys more and lowers the average entry price.
The bot does not buy “on a schedule” — it trades based on price.
How the cycle works:
Example:
| Action | BTC Price | Volume | Average Price |
|---|---|---|---|
| First purchase | $60,000 | $100 | $60,000 |
| Price dropped → buy more | $55,000 | $150 | ~$57,000 |
| Price dropped → buy more | $51,000 | $200 | ~$54,500 |
| Price recovered → sell | $56,000 | all | profit |
The bot sold at $56,000, even though the first purchase was at $60,000 — thanks to averaging down.
With each subsequent averaging, the bot can buy a larger volume — this is configured through the multiplier. Can be enabled or disabled.
The multiplier speeds up recovery from a drawdown, but requires sufficient deposit. Make sure there are enough funds in your account for all averaging levels.
Classic DCA is buying an asset for the same amount at equal time intervals (e.g. every day). It is an accumulation strategy, not a trading one.
Bybot works differently — it reacts to price, not time:
| Classic DCA | Bybot | |
|---|---|---|
| Buy trigger | Time (every day/week) | Price drop by X% |
| Goal | Accumulate asset long-term | Profit from each cycle |
| Selling | Manually, whenever you want | Automatically when target is reached |
| Multiplier | No | Configurable |
The bot works well when the market moves up and down within a range: it buys on pullbacks and sells on recovery.
The strategy assumes that the price will eventually return to the entry point or higher. Works best on liquid pairs (BTC, ETH, major altcoins).
Bybot trades spot only — no leverage and no liquidation risk. The maximum possible loss equals the value of the purchased asset, nothing more.