With Deltabadger, you can now automate dollar-cost averaging (DCA) into any cryptocurrency on ProBit Global.

Why Dollar-Cost Averaging

DCA is an investing technique in which you buy an asset for a fixed amount of money on a fixed schedule. So, for example, you buy $100 worth of Bitcoin every week. By doing that, you mitigate the risk of investing, build a bigger position over time without anxiety, don't worry about the timing (for DCA, the starting point doesn't matter), and you get a fair average price over time. You can read about this popular and proven method in our dedicated blog post. In principle, DCA has a deserved reputation as the most recommended strategy for long-term investors, and in the world of crypto is maybe even more popular.

Why Deltabadger

Deltabadger is currently the most advanced dollar-cost averaging bot on the market.

It not only allows you to DCA into any cryptocurrency on ProBit but offers a bunch of additional settings.

1. Smart intervals – use the smallest orders allowed on the exchange. On average, you will still respect your main schedule, but you'll get even better averaging by using the smallest orders. It also protects you from creating orders too small for the exchange limits. Smart intervals are the signature feature of the service.
2. Limit orders – instead of buying right away, set limit orders at a fixed percentage below the price. By doing that, you can offset exchange fees and spread. On ProBit, the fee is 0.2%, so that you can set this option accordingly. You can also experiment with higher values—the higher value, the biggest the chance that the order may not get executed, though.
3. Price range condition – set the price range in which the bot will work. You can also set a couple of bots to buy different amounts at different price ranges.
4. Time condition is not yet available but coming very soon.

How to Set Up the Bot on Deltabadger

The whole setup takes no longer than a few minutes. After you log into the platform, select Probit on the exchange list:

Then, follow the step-by-step instruction on getting API credentials and put them into the form.

Set your desired schedule, and press Start:

Congratulations! Your bot is now running.