Auto-Invest is an excellent way to automate the purchase of crypto for users who want a hassle-free investment strategy. With dollar-cost averaging (DCA), you can invest smaller equal amounts over a specific length of time, rather than a lump sum investment to average your investment price with Auto-Invest effortlessly.
Currently, Auto-Invest on Bybit only supports Fiat Balance and Crypto Available Balance as a payment method. To process your purchase, you will have to deposit funds into your Bybit Funding Account on our Fiat Deposit page. We are actively working on bringing new payment options to the Auto-Invest feature in the future. Keep an eye out for updates.
Please ensure that you have sufficient Fiat Balance and Crypto Balance ready prior to scheduled purchases to take full advantage of your Auto-Invest plan. Also, note that the plan will be terminated if you fail to have the required funds in your Funding Account for three (3) scheduled purchases in a row.
Benefits
- Diversify Risk: Reduce your one-time investment risk and optimize fund allocation with our fixed regular auto investment service.
- Easy Customization: Create your Auto-Invest plan in just a few easy steps with our customizable options.
- Sustainable Growth: Secure sustainable growth for your crypto holdings. Invest with a long-term view and enjoy steady returns over time, no matter the market conditions.
Read More
Explained: What Is Dollar-Cost Averaging?
How It Works
By subscribing to an Auto-Invest plan, an automatic buy order will be processed according to your predetermined parameters.
Example
Supposing Trader A has set the Auto-Invest plan with the following parameters:
Fiat Spend: 1,000 USD
Crypto Received: BTC
Frequency: Bi-Weekly
Trader A has set an Auto-Invest plan to purchase BTC every two (2) weeks with 1,000 USD. This means that every two weeks, Bybit will automatically use 1,000 USD from the trader's Fiat Balance to purchase BTC at the current market price.
The amount of BTC that Trader A receives for each bi-weekly purchase will depend on the prevailing market price of BTC at that time. If the price of BTC is high, they will receive fewer BTC units, and if the price is low, they will receive more units. However, since the purchases occur over a longer time period, the goal is to achieve a lower average cost per unit by DCA strategy.
By using Bybit's Auto-Invest feature, Trader A can effortlessly accumulate BTC over time without having to worry about timing the market or constantly monitoring price movements.
Notes:
— There will be no charges for creating an Auto-Invest plan. Once the plan is activated, our system will automatically process the transactions based on your preset parameters. Rest assured that any trading fees incurred during the transaction will be calculated based on the actual order information.
— To learn more about how to create an Auto-Invest plan, please refer to How to Get Started with Auto-Invest.
Differences Between One-Click Buy and Auto-Invest
The main differences between the two (2) features are as follows:
Auto-Invest | One-Click Buy | |
Triggers for Buying Crypto | Automated: Requires user to set up a recurring plan with predetermined parameters | Manual: Requires user to manually input each transaction |
Payment Method(s) | Fiat Balance and Crypto Balance | Support multiple payment methods depending on the pair |