Automate your crypto investments with Ndax's Auto Invest. Utilize Dollar-Cost Averaging (DCA) and scheduled purchases to grow a diversified portfolio effortlessly.
Invest in Cryptocurrency on Autopilot
Build a diversified portfolio easily and conveniently. Ndax Auto Invest enables Canadian crypto investors to benefit from dollar-cost averaging with just a few simple steps.
DCA allows you to invest regularly, buying smaller amounts of an asset over time to achieve an average price, rather than a single lump sum.
Beneficial For Users
Dive into the world of crypto with our dynamic learning hub, designed for everyone from beginners to advanced enthusiasts.
Frequently Asked Questions
Ndax Auto Invest allows users to set up recurring cryptocurrency purchases, automating the investment process and leveraging dollar-cost averaging.
To set up Auto Invest on your Ndax account, first log in. Then, navigate to 'Recurring Purchases' from the left-hand sidebar. Once you are there, click on the green plus sign (+) in the bottom right-hand corner to add a new recurring purchase. Next, select the cryptocurrency you wish to purchase, choose an investment amount, and customize your investment schedule to daily, weekly, or monthly as per your preference.
Dollar-cost averaging is an investment strategy where you buy a fixed dollar amount of a particular investment on a regular schedule, regardless of the asset's price, to average your purchase price. With Ndax Auto Invest, this strategy is automated for cryptocurrency purchases.
Yes, you can track your recurring investments and their performance on the recurring purchase dashboard within your Ndax account.
Auto Invest ensures you invest consistently, mitigates the risks of market timing, and eliminates the need to invest large sums of money at once, which can be beneficial in the long term.
You can set up recurring purchases for any cryptocurrency that Ndax supports, including Bitcoin, Ethereum, Litecoin, Cardano, Dogecoin, Stellar, and Polkadot, among others.