Dear CoinEx users:
We are delighted to introduce you a brand new service "Strategy Trading", and we have launched the "Auto-Invest Plan" on Web (not yet available in App) on Feb 16, 2023 (UTC). In the future, CoinEx will support more trading strategies such as Spot Grid and Futures Grid, please stay tuned. Details of "Auto-Invest Plan" are as follows.
What is Auto-Invest Plan？
CoinEx Auto-Invest Plan is a trading strategy that helps you automatically accumulate crypto assets via pre-set investment and recurring cycles. It has the advantages of automatic execution, convenience and friendly entry. With a minimum of 1 USDT, you can make stable investments and realize wealth growth.
BTC/USDT, ETH/USDT, XRP/USDT, ADA/USDT, DOGE/USDT, MATIC/USDT, SOL/USDT, SHIB/USDT, ATOM/USDT, FTM/USDT.
More markets are in the pipeline, please stay tuned.
1. Accumulate and grow assets regularly
No need to raise large sums of money, you use the idle assets to buy cryptos via Auto-Invest Plan, and accumulate a considerable amount of wealth by making regular and fixed investments.
2. Diversify investment portfolios and spread risk
The key to a successful investment is to "buy low and sell high", that is, to grasp the best buying and selling timing and make profits out of it. With Auto-Invest Plan, the assets are invested in various stages with different costs, and these small but frequent purchases can help lower your average cost and spread risks.
3. Care free of investment timing
For long-term investments, the Auto-Invest Plan can reduce costs and spread risks - You don't need to analyze the entry point, calculate the buying price, or adjust long-term investment decisions for short-term market fluctuations.
4. Automatic deduction, simple and convenient
After the Auto-Invest Plan is created, the system will automatically deduct the investment cost from your Spot account and submit an order, according to your pre-set investment amount and cycle. No more operation is required, making investment easier.
1. Where is the investment amount of the Auto-Invest Plan deducted from?
The investment amount of the Auto-Invest Plan comes from the balance of the Spot Account, please make sure that your spot balance is sufficient.
2. What will happen if my spot balance available is insufficient when executing the Auto-Invest Plan?
If your spot balance is insufficient, the Auto-Invest Plan will not be executed for the cycle, and you will be notified to add more assets via in-site messages and Email. At this time, the overall strategy and the execution of the next cycle are NOT affected. However, if the auto-invest strategy fails for 5 consecutive times due to insufficient balance, the system will suspend the strategy, which requires manual resumption to start running again.
3. What are the minimum and maximum limits for each cycle of auto investment?
The minimum amount for each cycle of auto investment is 1 USDT, and the maximum amount varies accordingly. Please refer to the auto-invest page for details.
4. Is there any additional fee for auto investment?
Auto investment only charges the trading fee for the actual transaction (same as the Spot Tx Fees), and does not charge any additional fees. Using CET for fee deduction is not supported.
5. How many Auto-Invest Plans can each user create?
Each user can create up to 20 runnings (including suspended) strategies in Auto-Invest Plan, Spot Grid, etc.
6. Can I create an auto-invest strategy with combination markets?
Each auto-invest strategy setting is only available in 1 market, and does not support market combination.
For more details about Auto-Invest Plan, please go to Help Center.
As a trading tool, Strategic Trading does not constitute financial or investment advice from CoinEx. Users can adjust, suspend or end the strategy at any time according to the current market trends, and apply the use of strategy trading voluntarily, which may fail to obtain corresponding strategy benefits, due to the unreasonable setting of strategy parameters or extreme market fluctuations. All strategies are determined by the users themselves and at their own risk, and CoinEx will not be responsible for any loss caused by the use of this service. Please reasonably evaluate your risk tolerance and make rational decisions, after carefully reading the strategy trading guide.
CoinEx reserves the right of final explanation of this announcement.
Feb 17, 2023