Binance, the leading global cryptocurrency exchange, has launched a new campaign to promote its Auto-Invest service by offering zero fees. This incentive applies to all aspects of the service, including trade subscriptions and Index plans.
Beginning on July 17th, both new and existing subscribers to Binance Auto-Invest can participate in trading without incurring any financial charges. This promotion will run until October 16th, providing a significant window for traders to optimize their investment strategies without the burden of fees.
How to Participate
To take advantage of this offer, users must access their Binance account and select the Auto-Invest option under the Trading Bots section. Here, they can choose their preferred investment plan and configure it by setting the necessary parameters before finalizing their subscription. This process simplifies entry into the cryptocurrency market, making it accessible even for those new to digital assets trading.
The Auto-Invest platform by Binance advocates for a Dollar-Cost Averaging (DCA) strategy, ideal for investors looking to build their digital asset portfolios through regular, disciplined investments. This method dilutes the risk of market volatility by spreading purchases over time, thereby fostering a more stable investment growth devoid of emotional trading decisions.
Index-Linked Plans and More
Furthermore, Binance enriches its Auto-Invest service with the Index-Linked Plan, which automatically allocates funds into cryptocurrencies forming the Binance CoinMarketCap Top 10 Equal-Weighted Index. This feature allows users to diversify their holdings and is integrated seamlessly within the Auto-Invest framework.
In parallel, Binance continues to expand its global footprint, securing a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA) for its local entity, Binance FZE. This regulatory approval marks a significant step forward, enabling the transfer of user accounts from the global platform to a UAE-specific exchange, ensuring compliance with local regulations.