Penguin logoPenguin TradingFind value beyond consensus
← Crypto News

BIT Securities launches a dollar-cost averaging feature for U.S. stocks, further improving the diversified investment ecosystem

BIT Securities announced the launch of a dollar-cost averaging feature for U.S. stocks starting today, covering all stocks and ETFs in the U.S. market. Users only need to set the investment amount (starting from a minimum of US$10) and the period (daily, weekly, or monthly), and the system will automatically buy according to the plan without the need to place manual orders each time. Users can activate the plan with one click when viewing individual stock details or the "Assets" page, and can adjust, pause, or terminate it at any time; additionally, the dollar-cost averaging plan can also choose to use margin funds for purchases.

Compared to a one-time investment, dollar-cost averaging spreads the investment over different time points, helping to average out the holding costs and reduce timing pressure.

Currently, BIT Securities supports trading in U.S. and Hong Kong stocks, and covers various investment methods including U.S. stock options, margin trading, and stock dollar-cost averaging. Elio Cui, the head of BIT Securities, stated: "We always hope that users with different investment styles can find suitable tools at BIT. The essence of dollar-cost averaging is long-term investment, which aligns with the group's long-termism philosophy. We hope to accompany users in combating volatility with discipline and growing together with quality assets."

BIT Securities is also launching new user benefits: new account holders can enjoy commission-free trading for U.S. stocks, a US$100 platform fee rebate card, and a real-time market data card, with tasks completed earning rewards worth up to US$320; a transfer incentive campaign is also ongoing, with rewards worth up to US$300. Details of the activities are subject to BIT's official announcements.

Risk Warning: Dollar-cost averaging does not guarantee profits and is not necessarily superior to other investment methods. Investors should formulate investment plans based on their own financial situation and risk tolerance.