Binance announced the launch of its new feature of a fixed investment function. This investment program facilitates a systematic crypto investment service for retail traders, by allowing the purchase of a fixed amount of cryptocurrency within a set time interval.
Binance users can pre-order cryptocurrency purchases through their respective VISA and MasterCard. However, the fixed investment function is only supported by a VISA or Mastercard as of now.
Binance facilitates user convenience with the Automatic purchase service
Binance will provide the Automatic purchase service with this new feature. This means, investors can fix a certain purchase amount for their preferred cryptocurrency, and that fixed amount will be deducted from their Visa or Mastercard “every day, every week, every two weeks, or every month”. This is popularly known as a Recurring Buy.
Recurring Buy is a dollar-cost averaging (DCA) investment strategy. This facilitates the purchase of the chosen cryptocurrency, wi
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