Recurring Buy Bot

Why do you need Recurring Buy Bot

DCA (Dollar-Cost Averaging) is one of the simplest trading strategies. According to the data, 90% of traders will get better returns if they use DCA instead of manually investing their funds.

DCA is a strategy that allows the investor to buy the same dollar amount of investment at regular intervals. The purchases occur regularly at specified timeframes, regardless of the asset’s price at that moment. The Recurring Buy Bot will allow users to achieve this automatically!

How to use Recurring Buy Bot

First, open the Webot website, and then find the Recurring Buy bot on the left side of the interface.

Webot lets you choose one of the following Investment frequencies for the Recurring Buy strategy: 10 Min, 1Hour, 4Hour , 6Hour,12Hour, 1Day, 1Week, and 1Month.

After you input the "Investment frequency" and the "Investment each time" for the Recurring Buy Bot, the required “Investment Per Week” will be calculated and listed below. This is the minimum balance needed to start your DCA strategy. Your funds for the whole runtime will be frozen into a DCA Pool, once you start the bot.

Investment Per Week = (168/Investment Interval(hr)) * Investment Each Time

Example

Invest in ETH by using the Recurring Buy Bot: Set the investment interval to 1 hour and invest 10 USDT each time. In this case, the investment per week would be 1680 USDT. This amount will be frozen for the DCA Pool, once you start the strategy. The Recurring Buy Bot will continuously invest 10 USDT in ETH every 1 hour until all the funds in the DCA Pool have been invested.

Notes

• The Recurring Buy Bot will always freeze the funds needed for 7 days, once you start it. After all funds in the DCA Pool have been consumed, it’ll ask you if you want to freeze more funds for an additional 7 days. The strategy will be canceled, once you don’t have enough balance in your account.
• If you choose 1 month as your investment interval, the minimum requirement for the Recurring Buy Bot will be the funds you need for 1 month.