Bitcoin exchange Bibox launches quant tools with automatic investing service

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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.

More Info: bibox.com

Via: https://www.cryptoninjas.net

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