Bibox, a global bitcoin and cryptocurrency exchange, recently announced the launch of a new feature for users, the Trading Bot Zone.
The Trading Bot Zone offers a low-entry barrier to quantitative trading services. The first phase comes with tools including: automatic investing, grid trading, cross markets arbitrage, and trend trading; with more soon to be introduced.
Auto Invest
Automatic investing (timed investment with fixed funds) is based on the concept of Dollar-Cost Averaging (DCA); which is a common investment strategy. Users do not need to consider the timing of entering the market. Through buying in batches, users can mitigate the price risk of one-off trades and spread out the cost over predefined intervals. Bitcoin (BTC) and ether (ETH) are available now on the new Bibox service.
