What is a DCA Plan?
A Dollar-Cost Averaging (DCA) Plan enables users to automate cryptocurrency purchases without manual orders, simplifying crypto investments. This strategy spreads purchase costs over time using the DCA method, reducing investment risks through market volatility averaging.
Key Features and Benefits
- Automated Purchases: Eliminates timing the market manually
- Risk Mitigation: Smoothens price volatility impact
- Flexible Scheduling: Set daily, weekly, or monthly investment intervals
👉 Discover how DCA can optimize your crypto portfolio
Risk Assessment
Are there risks with DCA plans?
While the DCA mechanism itself carries no operational risks, cryptocurrency investments inherently involve market volatility that may lead to losses. Always conduct thorough research before investing.
Cost Structure
Does DCA incur fees?
- Setup: Zero fees for scheduling future purchases
- Execution: Standard trading fees apply when orders execute
Supported Currencies
Available cryptocurrencies and fiat options appear in the currency dropdown menu when creating your plan.
Verification Requirements
KYC Verification: Mandatory account verification required before scheduling DCA purchases. Corporate verification may require additional documentation for fiat deposits.
Regional Restrictions
| Region | Restrictions |
|---|---|
| Russia/Belarus | RUB-denominated plans only |
| Netherlands | Limited to EUR/USDT, EUR/USDC, EUR/ETH, EUR/BTC trading pairs |
👉 Check your local crypto regulations before investing
Account Requirements
Funding Account: Must maintain sufficient fiat or crypto balances. Insufficient funds will cause order failures after three consecutive attempts.
Pricing Mechanism
DCA orders use real-time market prices at execution time, meaning purchase prices will vary per transaction.
Purchase Limitations
- Crypto Purchases: No restrictions
- Fiat Purchases: Follows same limits as quick-buy fiat balance payments
Plan Management
| Action | Availability |
|---|---|
| Cancel Plan | Anytime via Plan Details |
| Modify Orders | Only entire plan parameters (not individual orders) |
| Refunds | Completed orders are non-refundable |
Execution Details
- Funds Deduction: Automatic upon order execution if balance sufficient
- Asset Location: Purchased crypto appears in funding account
- Failed Orders: System retries twice before auto-terminating the plan
Monthly Plan Specifics
Date Restrictions: Monthly plans execute between 1st-28th to maintain scheduling consistency.
FAQ Section
Q: How many concurrent DCA plans can I activate?
A: Maximum 20 active plans per user.
Q: Where can I track my DCA purchases?
A: All transactions appear in your funding account history.
Q: Can I pause a DCA plan temporarily?
A: No pausing functionality - must cancel and recreate the plan.
Q: How quickly are purchased assets available?
A: Immediately after successful order execution.
Q: Are there minimum investment amounts?
A: Varies by cryptocurrency - check individual coin requirements.
Q: Does DCA work during market closures?
A: Plans execute 24/7 according to your schedule.
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