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Dollar-Cost-Averaging (DCA) bots are automated trading bots that allow you to automatically buy coins based on a preset investment amount and time intervals within a specific period, thereby reducing the influence of market volatility.
A DCA trading bot is a one-stop platform for automated crypto trading. The bot offers various types of pre-configured parameters with effective trading strategies that save time and improve investment returns at no additional cost.
Bybit’s DCA trading bots, as their name suggests, are automated trading bots that help you to automatically buy coins. The coins are bought by using a preset investment amount and time intervals within a specific period. Buying coins with this DCA strategy reduces the influence of market volatility, and allows you to maintain a cost price similar to the market average. Bybit allows you to create a DCA bot with one coin, or a portfolio of up to five coins.