Binance Earn Auto-Invest 3.0: Learn More About Its New Features
Main Takeaways
Binance Earn has implemented a selection of new features in its Auto-Invest 3.0 update.
You can now use fiat currencies to dollar-cost average in your Auto-Invest plan.
More than 250 additional tokens will be available for purchase on Auto-Invest. Newly listed tokens on Binance will also be available to use in Auto-Invest.
To celebrate the launch of Auto-Invest 3.0, we’re launching a selection of related campaigns.
Take a look at the new features we’ve developed for our tried-and-tested Auto-Invest feature.
Auto-Invest 3.0 New Features
At Binance, we’re driven to continuously improve the products we offer users. Our team is always listening to the Binancian community for new ways to streamline our services and implement new features that you’ve been asking for. This ambition is the same for brand-new products and older ones alike.
Our popular Auto-Invest service is next for improvement, with new features for users to try in the launch of our latest Auto-Invest 3.0 update. Whether you’re using the Binance app or website, you’ll be able to explore its new use cases and functionalities.
Note: Certain features might only be accessible after two weeks once the latest version of the app is available in all regions; look out for the newest updates in the App Store and Google Play Store.
Purchase Crypto With Fiat
Previously, Binance users were only available to create Auto-Invest plans with stablecoins. Now, you can opt to use fiat currencies instead. This feature gives you more flexibility in how you choose to invest and saves you the step of converting your fiat to stablecoins to use with Auto-Invest.
The list of available fiat currencies includes:
Additionally, Auto-Invest now supports USDC and BIDR along with USDT and BUSD. TUSD will also be supported in the future.
250+ Additional Tokens Available for Purchase
We’ve now increased the number of tokens you can purchase with Auto-Invest. Previously, you could only choose from 89 coins to invest in individually or as part of a portfolio plan. We’ve listened to your feedback for more flexibility and delivered on it; Since 2 May, 2023, 126 extra tokens are now available and more than 100 additional tokens will be introduced over the coming months.
The list of newly added tokens available since 2 May, 2023 includes:
Rolling Token Listing Support
With this new feature, you’ll no longer have to wait as long for Auto-Invest to support the latest coins listed on Binance. Previously, it’s been difficult for new token listings to quickly support Auto-Invest. In the 3.0 update, we wanted to improve this to ensure proper coordination between new token listings.
With the rolling token listing support feature, tokens will be available on Auto-Invest soon after being listed on Binance in most cases. This update will drastically improve the responsiveness to new token listings, meaning you won’t have to wait as long before you can start dollar-cost averaging them with Auto-Invest.
Faster Transaction Speeds
In previous versions of Auto-Invest, your scheduled buys took place within a 15-minute window of your pre-planned purchases. We’ve improved on this timeframe, and now all buys will take place within three minutes of your scheduled purchase times.
Easily Find Your Purchase Price History
Our Auto-Invest feature is popular with users looking to dollar-cost average. A key part of this strategy is knowing your purchase prices to help you calculate the average. In our 3.0 update, you can now view your purchase history to see the exact price you paid in your plan. To do this, simply tap [History] on the Auto-Invest page.
Auto-Invest 3.0 Campaigns
Alongside the update, we have two activities for you to participate in:
PROM Giveaway – Receive up to 10 USD in PROM vouchers.
Learn about Auto-Invest 3.0 to receive a PROM monthly plan.
1. PROM Voucher Giveaway
In this PROM campaign, new and existing Auto-Invest users can share a rewards pool of 30,000 USD in PROM token vouchers.
All users need to do is create a single or portfolio Auto-Invest plan for PROM, and depending on the number of tasks completed, users can receive up to 10 USD in PROM token vouchers.
Promotion Period: 2023-04-17 05:00 (UTC) to 2023-04-30 23:59 (UTC)
For more information, please visit the Activity Rule page.
2. Learn & DCA Quiz
Binance is launching the Auto-Invest PROM Quiz on April 24, 2023, at 09:00 (UTC), where users can learn about Dollar-Cost Averaging (DCA) and Auto-Invest 3.0. The first 50,000 new Auto-Invest users who successfully confirm their participation and complete the quiz during the promotion period will be eligible to receive a free Auto-Invest PROM monthly trial plan worth 1 USDT.
This 1 USDT amount will be equally split over a period of five months to purchase PROM tokens via the Auto-Invest monthly plan (i.e., 0.2 USDT per installment).
Promotion Period: 2023-04-24 09:00 (UTC) to 2023-05-07 23:59 (UTC)
For more information, please visit the Activity Rule page.
How Do I Get Started With Auto-Invest?
Auto-Invest is a dollar-cost averaging (DCA) investment strategy for averaging your entry price into the market. Users typically set a determined period for making regular crypto purchases rather than attempting to time their purchase in one go. Using the feature is simple:
Log in to the Binance app and tap [More].
In the Recommended section, select [Auto-Invest].
You’ll now see a list of cryptocurrencies available to Auto-Invest. Here, you can choose the cryptocurrencies you want to invest in.
Enter the subscription amount and pick your preferred fiat currency or stablecoin for payment.
Select the recurring cycle for your Auto-Invest plan. You can choose daily, weekly, bi-weekly, or monthly cycles.
To redeem your purchased crypto, head to your [Earn Wallet]. Purchased BNB will be in the BNB Vault and all other cryptocurrencies in Simple Earn Flexible products. Select the asset you want to access and tap [Redeem].
For more information about how Auto-Invest works, check out our guide: What Is Auto-Invest and How to Use It.
Tip: Ensure you have a sufficient stablecoin or fiat balance in your Spot Wallet or Simple Earn Flexible products to guarantee successful recurring purchases.
Learn More About Auto-Invest and Dollar-Cost Averaging
If you like what you’ve seen so far, we’ve got a wealth of resources to help you on your way. Before using any product, you should always do your own research and understand exactly how it works. To learn more about what Auto-Invest can do for you, check out our Beginner’s Guide to Auto-Invest on Binance Academy.
Further Reading
(Support) What Is Binance Earn and How to Use It
(Support) Binance Earn FAQ Library
(Academy) Your Guide to Binance Earn
Risk disclaimer: Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our terms of use and risk warning.