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How does a DCA bot work?

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Published date: 2024/10/05









A DCA (Dollar-Cost Averaging) bot works by automatically investing a fixed amount of money in a cryptocurrency at regular intervals, regardless of market price. This strategy spreads out investments over time, reducing the impact of volatility. In DCA bot development, you design the bot to execute these regular trades on your chosen exchange using APIs. By averaging the buy prices, it helps minimize the risk of buying at market peaks and simplifies long-term investing.

For more details - https://www.clarisco.com/dca-trading-bot-development-company

Book a Free Demo - https://www.clarisco.com/contact

Skype - live:62781b9208711b89

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