New and Improved Auto-Invest: Learn More About the New Features
Main Takeaways
Binance Earn has updated Auto-Invest with a new and improved look, smoother purchase flow, and a better way to manage your plans.
You can now enjoy personalized plan recommendations and social transaction data at your fingertips.
The Index-Linked Plan is now available on the web version.
Check out the features that the new and improved Auto-Invest has to offer.
New and Improved Auto-Invest
Active trading can be stressful, time-consuming, and still yield poor results. However, there are other options out there. With Auto-Invest, users can leverage a dollar-cost average (DCA) strategy to invest in 210+ cryptocurrencies with more than 20 payment options, such as:Â
Stablecoins: USDT, TUSD, USDC, and more.
Fiat: EUR, GBP, and more.
Crypto: BTC, ETH, BNB, and more.
Auto-Invest comes with several DCA plan frequencies spreading across Hourly, Daily, Weekly, Bi-Weekly, and Monthly.
At Binance, weâre constantly listening to our community. Weâre always committed to improving our products and user experience.
Built for Binancians, by Binancians, this Auto-Invest update was based on data from 10+ user interviews and 1,046 survey responses. The new Auto-Invest offers a smoother and more customized experience to suit your needs.
Smoother Purchase Flow
Previously, users would have to enter the Subscribe page to make a purchase. But now, with the purchase button available on every Auto-Invest page, users can make a purchase anywhere.
Improved Search Function
You can now use the search bar to search for coins when building a Portfolio Plan. You can also search for your preferred source asset when purchasing an Auto-Invest plan.
Combined Single Token and Portfolio Plans
You can now select one cryptocurrency to build a Single Token Plan or select multiple cryptocurrencies to build a Portfolio Plan all on the same page.
Clear Payment Summary
The Payment Order summary is now clearly visible on the checkout page, allowing users to get an overview and better understanding of their order.
Improved Transition Between One-Time and Recurring Index-Linked Plans
Auto-Investâs Index-Linked Plan helps you automatically buy the top 10 cryptocurrencies by market cap listed on CoinMarketCap (CMC) in one go. The Index-Linked plans adopt equal weight to the top 10 coins, meaning you will get an equal share (10%) of each asset in every purchase. In addition, the top 10 cryptocurrencies combined have more than 80% of the total crypto market cap, so you can easily get exposure to some of the most prominent blockchain projects.
Index-Linked Plans also support monthly rebalancing to provide a better reflection of recent market movements.
*Price quoted above is on 30th June 2023.
You will now have the flexibility to easily toggle between recurring or one-time plans.
Better Plan Management
Userâs Portfolio and Single Token Plans are now combined into one page for a broad overview of their plans. You can find this on the âMy Plansâ page of Auto-Invest. A filter function is also available for users to arrange and locate their plans according to date, invested amount, and plan type.
In addition, users can access personalized plan recommendations on the âRecommended For Youâ page when creating a plan. This is a brand-new feature that offers a wide selection of Portfolio Plans recommended according to your purchase preference and history.
Social Transaction Data
Users now have access to more transaction data of preset Portfolio Plans to make more informed decisions. This includes the price history and number of transactions on every plan in the last 30 days.
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Overview of Portfolio Plans
You can now see a detailed overview of your Portfolio Plans, with details of the total amount invested, ROI, and breakdown of asset allocation.
Web Version of the Index-Linked Plan
The Index-Linked Plan is now available on the web interface.
Learn More About Auto-Invest and DCA
If you like what youâve seen so far, weâve 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 Beginnerâs Guide to Auto-Invest on Binance Academy.Â
Further Reading
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.