✨ WhiteBIT Auto-Invest: Crypto Investing Made Easy
posted 21 Nov 2024
WhiteBIT, Europe’s largest cryptocurrency exchange, has unveiled Auto-Invest, a feature that takes the hassle out of buying cryptocurrencies by automating the process entirely.
WhiteBIT, the largest crypto exchange in Europe, has launched Auto-Invest, a new feature that allows users to automate their cryptocurrency purchases entirely. With Auto-Invest, users can create as many investment plans as they like, without any minimum or maximum deposit limits, except for those dictated by market conditions.
With Auto-Invest, WhiteBIT delivers more than automation. It’s a tool offering unmatched flexibility and control, ensuring investors can manage their portfolios with ease,said Vladimir Nosov, Founder and CEO of WhiteBIT.
Auto-Invest supports all assets on the platform with no limitations. Once activated, purchases proceed automatically, while users retain control over key settings like intervals, amounts, and prices—perfect for implementing a Dollar-Cost Averaging (DCA) approach.
Dollar-Cost Averaging (DCA) focuses on spreading investments evenly over time, regardless of price changes or market volatility. This method reduces the emotional risks tied to decision-making and often results in a favorable average entry point, making it especially effective for long-term investment horizons.
Currently, about 59% of spot crypto investors employ DCA, highlighting its widespread adoption even among experienced traders. Vladimir Nosov emphasizes that this universal strategy is especially beneficial in a rising market and for investments planned over a year or more.
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