Post
Topic
Board Project Development
Re: CryptoDCA - App to DCA into Bitcoin and other coin
by
joniboini
on 27/07/2023, 04:58:34 UTC
So how does "taking advantage of lower trading fees" work? Just need explanation from user side, will it have extra task to support it?
Using a DCA broker usually costs you around 1,5-2% per trade but crypto exchanges usually have a lower trading fee between 0-0,25% (depending on various things). Our app can take advantage of those lower fees.
I'm not sure if inbuilt DCA tools are broker though, or is there something I'm missing? Are you referring to exchanges' extra fees when the user uses their DCA tools, not a broker that helps them make DCA trades? What about yours then? Will you charge for each transaction too or you're going to monetize solely on advanced features mentioned on your OP?