Binance Launches Smart DCA Intelligent Dollar-Cost Averaging Feature
Source:
www.binance.com
according to an official announcement, Binance has launched SmartDCA, a new optional advanced setting for Binance Convert Recurring. This feature allows users to dynamically adjust their recurring purchase amounts based on the Fear & Greed Index from CoinMarketCap. Users can set investment ratios for two market zones: oversold (index 0-40) and overbought (index 60-100), ranging from 10% to 200% of the original amount. This feature is entirely optional, and users can continue using standard recurring plans. SmartDCA is applicable to eligible single-coin crypto asset recurring plans, but does not include stock tokens.