What are DCA bots?
Dollar-Cost-Averaging (DCA) bots are automated trading bots, which allow you to automatically buy coins based on a preset investment amount, and time intervals within a specific period, reducing the need to keep an eye on the market all the time.
The DCA strategy is an investing technique that helps users average the price of their coins by investing a predetermined amount of coins on a regular basis.
What products support DCA trading on BlockFin?
Currently, DCA trading is supported on Futures Trading.
What tokens does BlockFin support for creating my DCA Bot?
Currently, only USDT is supported.
What kind of market is suitable for DCA trading?
Since you’ll be investing at regular intervals, DCA Bots are suitable for both bull and bear markets. No extra fees will be charged.
How many DCA bots can I run simultaneously?
Currently, you can have up to 20 trading bots running at the same time. Multiple DCA bots can be created for the same coin.
Where can I view my order history?
Click on Details to view the details of your trade under Status, Order History and Parameters.