News

Binance Launches The Auto-Invest Index-Linked Plan

The Auto-Invest Index-Linked Plan was introduced by Binance. The Binance CoinMarketCap (CMC) Top 10 Equal-Weighted Index was introduced by the exchange to help consumers better track and assess the performance of the cryptocurrency market.

You can buy the cryptocurrencies that make up this index but not the index itself. The Auto-Invest Index-Linked Plan provided by Binance provides a practical method.

You can purchase up to 10 assets in each recurring cycle with the Portfolio Plan and the Index-Linked Plan, but the Index-Linked Plan goes one step further. Your cryptocurrency holdings will be rebalanced to reflect the index once per month.

The value of each asset may change significantly over time because the crypto market is always shifting. The system will automatically buy and sell a fraction of each cryptocurrency holding as part of routine rebalancing to equalize the weights of all your assets with the index.

Auto-Invest allows you to automate crypto investment and earn passive income. It is a dollar-cost averaging (DCA) investment strategy. You can choose the cryptocurrency you want to purchase on a regular basis. Your purchased crypto will be automatically deposited into your Flexible account, so you can earn passive income with your investments.

Auto-Invest is similar to Recurring Buy. They both allow you to automate crypto purchases regularly. However, Auto-Invest will automatically deposit your purchased crypto like Bitcoin and Ethereum into your Flexible account, so you can earn passive income easily. Apart from that, Auto-Invest supports buying crypto with stablecoins (USDT, BUSD), while Recurring Buy supports fiat with Credit/Debit Card payments.

You can choose to create a Portfolio Auto-Invest Plan to buy multiple cryptocurrencies in one portfolio or create an Auto-Invest Plan for a single cryptocurrency.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Best New Meme Coins to Join for 2025: BTFD Coin Leads, Popcat Keeps It Purr-fect, and Non-Playable Coin Hits Gamers Hard

Discover the Best New Meme Coins to Join for 2025. BTFD Coin's price rollback offers…

50 minutes ago

Solana memecoins crash while DTX Exchange hits 100,000 TPS on layer-1 blockchain

Discover how DTX Exchange's historic achievement of 100,000 transactions per second on a layer-1 blockchain…

2 hours ago

Strategic Bitcoin Reserve Expected to Cut 35% of US National Debt by 2049

VanEck suggests the U.S. could reduce its national debt by 35% by 2050 through a…

2 hours ago

The New Lead of Presidential Crypto Council Appointed by Trump Is Bo Hines

President-elect Donald Trump named Bo Hines as the executive director of the presidential crypto council.

2 hours ago

Best New Meme Coins with 1000X Potential: BTFD Coin’s Hot BIG50 Discount As Baby Doge Coin, Dogs Takes Gaming to the Next Level

Explore the best new meme coins with 1000X potential. Learn how BTFD Coin leads with…

3 hours ago

BlockDAG Surges Past $170M as BDAG250 Bonus End Countdown Begins – Aave Targets $400 & Solana Shines with Scalability

BlockDAG crosses $170.5M in presale success with BDAG250 bonus and Whitepaper V3 launch! Solana grows…

5 hours ago

This website uses cookies.