Deltabadger uses the concept of bots to better help you with your dollar-cost averaging setup.
Below we address all aspects of the bot setup.
You can configure as many bots as you need using the simple provided on your dashboard.
Minimum order size is the lowest dollar or crypto price at which an exchange will allow to purchase.
💡 Every exchange has a minimum order size. visit the list of supported exchanges to check them out.
You can set up an ordinary investment interval by specifying how much and when to invest ie: daily, weekly or monthly.
Once this is set, the bot will execute the order at the given time when your set purchase price is right at or below the minimum order size allowed by the exchange.
As you can see depending on the market volatility you might end up with fewer executed orders. This is why we introduced smart intervals.
With normal intervals, the bot needs to wait for the exchange to reach your intended purchase price for the order to be executed.
With smart intervals, the bot looks at the current minimum order price from the exchange and adjusts your purchase price and time interval but still gets you as close to your intended goal as possible.
Here is an example:
Say you set an interval to purchase $1 worth of bitcoin daily ($1/day), but then the minimum order price set by the exchange is $10, with smart interval the bot will purchase $10 worth of bitcoin in a single day and wait for another 10 days before purchasing the next $10.