Binance Futures Launches the Futures DCA Bot This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance is excited to announce the launch of the Futures Dollar-Cost-Averaging (DCA) Bot, a new automated trading tool for Binance Futures. This bot is designed to help traders automate the DCA strategy, potentially achieving better average entry prices for their futures trading positions in volatile markets. What Is the Futures DCA Bot: The Futures DCA Bot is an automated trading tool that implements the Dollar-Cost-Averaging strategy. It works by automatically increasing the user’s position size at pre-set percentage changes in market price. This approach aims to achieve a more favorable average entry price if the market moves unfavorably after the initial trade and later recovers. The bot also includes an automatic Take Profit feature to close positions once a predetermined profit target is reached. $DCR
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