One of Europe’s leading centralized exchanges WhiteBIT launches an enhanced Auto-Invest tool to provide users with additional customization options and greater management and control over their digital assets.
As part of its sixth-anniversary celebrations, WhiteBIT, one of Europe’s leading centralized crypto exchanges headquartered in Lithuania, announced the launch of an enhanced version of the Auto-Invest tool amidst the current bull run. The new tool adds several advanced customization options, providing users with greater control and management over their investment strategies.
Over the past month, the crypto market has grown exponentially with Bitcoin crossing the $90,000 mark and the wider crypto market topping the $3 trillion milestone in capitalization. During the wild ride to all-time highs, the demand for simple and effective investment tools has also surged among cryptocurrency investors.
Auto-invest tools have been part of the industry, offering users an easy way to invest their assets in baskets of assets or the famous DCA method. WhiteBIT’s new enhanced Auto-Invest tool revolutionizes the concept, offering users a more personalized and accessible approach to managing their portfolios.
Speaking on the launch of the new Auto-invest tool, Volodymyr Nosov, CEO of WhiteBIT, highlighted the importance of giving control of investment strategies to users and how WhiteBIT’s new tool will help in this vision:
“The launch of Auto-Invest at WhiteBIT brings enhanced functionality to a familiar strategy. This is more than just automation – it’s a tool that provides investors with maximum flexibility and control needed for confident asset management.”
The Auto-Invest tool is set to bring a flurry of changes to crypto investing, setting it apart from the competition. The platform allows investors to set up regular cryptocurrency purchases across a wide range of parameters for more flexibility and control.
The competitive advantage that WhiteBIT offers is low minimum order amounts of as low as 0.001 USDT, flexible investment frequency from hourly to monthly, the ability to set up a price range for purchasing assets, allowing users to adjust the number of iterations to execute their strategy, and a diversified set of cryptocurrencies with no limitations on trading pairs.
These advanced settings allow investors to tailor the Auto-Invest plan to their investment goals, optimizing the timing and frequency of purchases while staying within their chosen price range.
In addition, WhiteBIT’s Auto-Invest strategies also include the Dollar-Cost Averaging (DCA) strategy, which allows users to buy assets over time. This minimizes the impact of price volatility and helps users buy assets in a linear fashion, avoiding emotional purchases or selling.
With DCA becoming a staple within the crypto investment ecosystem – approximately 59% of crypto investors rely on DCA as their primary strategy – WhiteBIT will allow users to DCA on all assets. The DCA strategy allows users to manage risks and steadily accumulate assets at an average price. This approach is especially valuable during periods of market momentum, such as the current Bull Run, where prices can fluctuate sharply.
“We aim to make blockchain technologies accessible to everyone, helping crypto investors expand their opportunities,” Volodymyr Nosov added. “By offering modern solutions, we support them on their path to financial independence, providing a simple and personalized approach to cryptocurrency investing.”
Moreover, WhiteBIT aims to make sure investors who DCA have a smooth experience and greater precision in their investments, offering more control over investment frequency, timing, and budget allocation.
WhiteBIT’s offering of over 600+ trading pairs, 300+ digital assets, and 9 fiat currencies places it as one of the leading exchanges in Europe and the European market. By launching the enhanced Auto-Invest tool, the exchange is gradually positioning itself as a global leader in the crypto investing space and as a forward-thinking player in the crypto ecosystem.
