The Binance spot platform launched the spot DCA robot. The feature is a new Cost Averaging (DCA) strategy for trading bots, DCA bots automatically buy and sell quantitative assets based on a user-selected price deviation and desired period.
With this feature, users can now set up spot DCA bots to buy and sell assets at an average price, reducing the impact of market volatility. In addition, the spot DCA robot can assist users to automatically make profits with the required take-profit percentage.