Paris, France – February 27, 2025
Trakx, the leading platform for crypto-index trading, is excited to announce the launch of a new automated crypto investing strategy: Dollar-Cost Averaging (DCA). This new feature allows investors to automatically buy a crypto index on a recurring basis, decreasing risks, volatility, and stress. How does DCA work?
DCA involves investing a fixed amount at regular intervals, purchasing crypto assets systematically. By doing so, investors can reduce the impact of market volatility and avoid the stress of timing the market, simplifying portfolio growth with a disciplined and hassle-free approach. This strategy integrates seamlessly with Trakx’s comprehensive crypto-index offerings, enhancing diversification while mitigating risks. Investors can set their DCA preferences, such as amount, frequency, and index, directly on the platform, enjoying peace of mind as their investments grow steadily over time.
What are the steps to implement crypto DCA on Trakx?
Step 1: Sign up on Trakx
If you are not registered yet, sign up on Trakx to trade crypto indices and implement DCA automatically!
Step 2: Define your strategy
Evaluate your personal factors, such as risk tolerance, goals, needs, capital, etc., and define your own investing strategy. For example, this could be a typical crypto DCA strategy:
- Time horizon: 24 months
- Total budget: $48,000
- Monthly investment: $2,000
- Asset: Top 10 Cryptocurrencies Index
Step 3: Go to the DCA Auto-Invest section
Now, having your own DCA investing model ready, you can go to the auto-invest section (menu at the top), and fill out the form choosing in which CTIs you want to invest, and their respective monthly amount.
Step 4: Sign the contract
Now, carefully double-check your selections and read the terms and conditions. To finalize the process, submit the form.
Step 5: Make the wire transfer every 1st of each month – or automate it
You’re ready to start implementing DCA automatically! You can decide if you prefer to make the wire transfer manually or automatically every 1st day of each month. Via wire transfer, remember to also insert the reference number provided in the confirmation email. If you want to enjoy this strategy in a completely passive way, remember to automate the wire transfer.
Conditions and fees
A minimum monthly recurring transfer of €50 is required to activate the DCA auto-invest strategy. The fees are highly competitive: while other platforms typically have fees that range from 2 to 4%, Trakx fees are below 1%, ensuring you can maximize your profit margins. For deposits lower than 250€ there is a 1% fee; for deposits ranging from €250 to €5,000, there is a 0.7% fee; and for deposits bigger than €5,000, there is a 0.5% fee.
What are the Benefits of Crypto DCA?
Implementing this strategy automatically brings various benefits for investors, including:
Reduced volatility
One of the primary benefits of DCA is its ability to smooth out the impact of market fluctuations. By investing a fixed amount at regular intervals, you buy more assets when prices are low and fewer when prices are high.
Automated passive strategy
DCA eliminates the need for constant monitoring and decision-making, making it an ideal choice for busy investors. With Trakx’s automated system, your investments are executed seamlessly according to your chosen parameters.
Discipline and consistency
Consistency is a cornerstone of successful investing, and DCA enforces this through regular contributions. By automating your investments, you remove emotional decision-making and stick to your long-term strategy.
Compounding effect
Regular investments over an extended period can take advantage of the compounding effect. As your portfolio grows, reinvested returns contribute to its expansion, accelerating wealth accumulation.
In conclusion, crypto DCA is one of the best crypto trading strategies for investors looking to accumulate digital assets in the long term, and Trakx is excited to welcome both novice and experienced investors, setting together new standards for crypto investments through crypto indices and advanced automated strategies!
Contact Information
Get in touch at [email protected]
Trakx SAS
Paris, France
27/02/2025
Website: https://trakx.io/
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