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Bitfinex has introduced a Recurring Buy feature in its mobile app Lite Mode, enabling users to automate regular cryptocurrency purchases at set intervals with no trading fees.
Bitfinex has announced the launch of its Recurring Buy feature within the mobile app’s Lite Mode, allowing users to automate cryptocurrency purchases according to a fixed schedule—daily, weekly, or monthly—using a dollar-cost averaging (DCA) approach. According to the published details, users select parameters such as the cryptocurrency, amount, and execution time for market orders, which are completed with no trading fees as long as the Exchange Wallet is funded, and have the ability to adjust or cancel these settings at any time.
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Bitfinex is a cryptocurrency exchange where users can trade a wide range of crypto and fiat pairs, including Bitcoin, Ethereum, Litecoin, USD, EUR, and more. The platform offers a proprietary trading terminal with a mobile application, supports margin trading with leverage up to 1:10 (or up to 1:100 for derivatives), and provides features such as customizable order types, a demo account, and several investment programs like staking. For additional details, read the broker profile on Traders Union.
For more background, see our earlier news about Bitfinex, where we reported on Bitfinex's comprehensive guide to margin trading, including details on leverage, collateral, and zero trading fees for margin trades.