Discover the results easily by setting up your own Dollar Cost Averaging (DCA) strategy with any of the cryptocurrencies available on our platform.
Calculate DCA in cryptocurrencies
What is Dollar Cost Averaging (DCA)?
Dollar Cost Averaging (DCA) is a widely used strategy in various markets, including cryptocurrencies. It involves regularly buying a fixed amount of a cryptocurrency at different prices, with the aim of obtaining a more favorable average price. The main purpose of DCA is to mitigate the impact of price volatility by averaging the acquisition cost of the selected cryptocurrency over a certain period of time.
Is Dollar Cost Averaging (DCA) automatic?
The Dollar Cost Averaging (DCA) strategy is not necessarily automatic, as some users choose to execute it manually. However, in the case of Bitnovo, our platform offers you the possibility to automate this process. You can set up your own DCA investment strategy to make recurring purchases at the frequency of your choice. This way, you don't have to worry about making manual purchases.
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