Quote from: yhiaali3 on July 25, 2023, 03:20:15 AM

I started using the DCA strategy a while ago but I do it manually because I prefer to use an electrium wallet and a hard wallet.

What I don't like about the app is its connection to the centralized exchanges (Kraken), I don't know if my assets will be safe on the centralized exchanges, also I can't use the app right now because my country is banned on the Kraken exchange.

I don't know if this is possible but I would prefer if the application is linked with a hard wallet (Trezor - Ledger) instead of centralized exchanges because it is safer.

We analyzed that (unfortunately) most of the users leave their coins on centralized exchanges. So in our opinion, Kraken is one of the more secure ones.

If we detect that our DCA App has demand we gonna add more exchanges and features (e.g. withdraw to own wallet). This requires more developer work so we want to be sure that there is demand.

Quote from: joniboini on July 27, 2023, 04:58:34 AM

Quote from: CryptoDCA on July 23, 2023, 12:06:05 PM

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?

E.g. coinbase.com charges a fee of 1,5% when executing a trade (Broker service)
Coinbase Pro charges a fee of 0,60 when executing a trade (Exchange service)

Usually, brokers use this higher fee when executing DCA plans. Also, built-in "brokers" of exchanges charge a higher fee than their standard exchange fee (see the Kraken or Coinbase example above).

Right now we plan to have a free plan that executes DCA plans with a low fee for multiple coins. Later on, there will be a premium plan with more advanced features.

CryptoDCA

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