Whether you’re current to investing in cryptocurrency, still trying to access your head around currency that can’t be stashed in your wallet, or a seasoned trader, chances are you’ll appreciate a tool that can produce investment even easier. That’s why Binance, the world’s largest cryptocurrency exchange, has introduced Auto-Invest.
“We understand that many people regard the world of cryptocurrency bewildering and inaccessible. That’s why we’re always looking for ways to simplify it,” comments Hannes Wessels, General Manager for Binance in South Africa.
This is where Auto-Invest comes in. A tool which makes it possible to automate crypto purchases, investors are able to build their crypto currencies in honest three easy steps: first, they choose which crypto they would most like to invest in. Then, they create a position to buy this currency – although they’re also able to add a number of different currencies to their purchase. The next step sees them selecting a recurring cycle, based on how often they wish to purchase (daily, weekly, bi-weekly or monthly) – and then, it’s time to sit back and watch that portfolio grow. All of this can be executed in minutes on the Binance app, or by logging on to your Binance account.
Wessels explains that Auto-Invest currently supports more than 200 crypto assets, as well as a number of stablecoins and fiat currencies.
“The tool functions according to a dollar-cost averaging strategy,” he says. Once a currency has been selected, Binance will design your purchase, then deposit it in your BNB Vault (if you are purchasing Binance Coins) or Simple Earn Flexible Products account (for other currencies). You can create as many Auto-Invest plans as you wish, and plans can be edited or even erased as necessary. Plus, for those who are serious about building their crypto wealth, the Auto-Invest Index-Linked Position makes it possible to automate purchases of all currencies on the Binance CoinMarketCape Top 10 Equal-Weighted Index.
“This is the easiest, most stress free way to invest in crypto,” Wessels promises. “Once you’ve set up your position, your work is done. You don’t gain to watch the charts or time the market – Auto-Invest does it all for you, so that you can sit back and indulge in watching your wealth grow.”
Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment may depart down or up, and you may not acquire back the amount invested. You are solely responsible for your investment decisions and Binance is not accountable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser before investing. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
About Binance
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users and features an unmatched portfolio of crypto products and offerings, including trading and finance, education, data and research, social apt, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.com/en-ZA
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