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Pionex has announced its DCA Bot, which enables users to automate recurring cryptocurrency purchases such as BTC, allowing them to build positions over time and reduce the need for frequent manual trades.
Pionex has introduced its DCA (Dollar-Cost Averaging) Bot, which allows users to automate recurring cryptocurrency purchases, such as BTC, to build positions over time. According to the broker’s announcement and supporting information from its website, users can customize the amount and frequency of their investments, set optional price limits, and select pairs like BTC/USD or BTC/USDT for regular buying.
The bot can also automatically stake ETH and SOL purchases to potentially earn additional returns. The feature is aimed at enabling users to manage long-term crypto investments without the need for frequent manual trades or reacting to market changes.
Pionex is a cryptocurrency exchange established in 2019 and operates under a US Money Services Business (MSB) license. The platform provides access to over 300 crypto trading pairs, offers both manual and automated trading (including 16 built-in bots) and supports margin trading, with funds held in cold wallets and two-factor authentication enabled. For further details on its features, visit the broker profile on Traders Union.
Previously, Pionex unveiled its Futures Grid Bot, an automated trading tool for perpetual futures markets that supports multiple strategies and offers advanced risk management features. For a deeper look at this launch, see our previous Pionex update on Traders Union.