Dear Nami community,
In order to increase user convenience in investing in digital assets, Nami Exchange officially introduces and launches the Auto-Invest tool from 2024-05-03 10:00 (UTC).
What is Auto-Invest?
Automatic Investment (Auto-Invest) tool allows users to set up automatic investment strategies based on set parameters, including investment amount, asset types, time cycle and expected price range.
Automatic investing works based on the DCA (Dollar Cost Averaging) method, by buying a fixed amount of the asset periodically to average the cost price over time regardless of whether the cost price at each time of purchase may increase or decrease. This helps investors balance risks and minimize the impact of price fluctuations on investment efficiency.
Note: The Auto-Invest tool on Nami Exchange uses Spot trading in the form of Market orders when executing purchase orders. For each Auto-Invest trade, users will not incur any costs other than basic spot trading fees published in the Fee Schedule at 0.1%, this fee does not apply to other asset usage discounts or VIP account level discounts, and is already included in the user's automatic recurring investments.
The basic definitions
Total Investment: Total capital (in USDT, VNST or VNDC) the user spent to purchase the digital asset(s) through Auto-Invest planning
Investment capital per period: The amount of capital spent periodically to buy digital asset(s) according to a specific plan
Estimated profit:
Estimated profit = Total current value of invested digital asset(s) - Total invested capital
ROI (Return on Investment): Estimated rate of return on total investment
ROI = (Estimated profit / Total investment) * 100%
Note: Within the Auto-Invest tool, ROI and Expected Profit are only calculated for purchases executed through Auto-Invest plans
Illustration of Auto-Invest tool based on the DCA method
Investment per period | BTC price (USDT) | Amount of BTC | |
---|---|---|---|
Janurary 2024 | 1,000 | 40,000 | 0.02500000 |
February 2024 | 1,000 | 50,000 | 0.02000000 |
March 2024 | 1,000 | 60,000 | 0.01666667 |
April 2024 | 1,000 | 65,000 | 0.01538462 |
Total Investment | 4,000 | ||
Total amount of BTC | 0.07705128 | ||
Average purchase price | 51,913 | ||
Current BTC price | 65,000 | ||
Estimated PnL | 1,008 | ||
ROI | 25.21% |
Instructions for using the Auto-Invest tool
1. Automatic Investment Planning
Step 1: Visit the Auto-Invest tool
Step 2: Select Auto-Invest assets
At the Auto-Invest interface, click "Create Plan" and select up to 10 digital assets for automatic investment planning.
Note: Users can also choose pre-set plans, introduced in the Hot section of the main interface of the Auto-Invest tool
Step 3: Automatic Investment Planning
Enter the amount of assets to invest (in USDT, VNST or VNDC)
Note: Users must ensure there is enough corresponding asset balance in the Spot wallet when it comes to the investment cycle for buy orders to be executed.
Set investment capital allocation ratio for each asset
If the number of selected assets > 01, the user can customize the percentage allocation for each asset according to need.
Users can also add assets with the "Add Asset" button, or delete selected assets with the "Delete" button.
Set desired purchase price range (optional)
Users can set the purchase price range conditions, the system will automatically place a purchase order when the cycle arrives if the asset price is within the set price range.
If the user leaves this field blank, the system will order the asset at any market price of the asset at the time of automatic investment check.
Select repeat cycle
User can choose cycle:
Finally, click “Create Plan” and "Confirm" to create your plan
2. Manage Automatic Investment plans
Step 1: Track information about the plan
Step 2: Enable/Disable the plan
Users can enable/disable each plan via the On/Off button. Disabled plans will be placed in a “Paused” state and can still track investment performance, but the system will stop executing asset purchases when the next cycle arrives.
Users can re-enable a disabled Plan at any time appropriate to their investment strategy
Step 3: Modify the plan
Users can modify the created plan(s) to apply from the next automatic investment period from My Plan or Plan Details interfaces
Step 5: Delete plan
Users can delete previously created plan(s) by click Delete Plan. Please note that deleting an Auto-Invest plan will also erase all existing statistics for that plan. Instead of choosing to delete plans, users can consider disabling plans that are no longer suitable to make it more convenient to calculate investment efficiency.
3. Check investment history
Step 1: At the Auto-Invest screen interface, click "History"
Step 2: Check each plan's recurring purchase history
The system will save the purchase history of each asset in a plan when the buying cycle arrives. Users can easily search through the use of filters with information such as plan ID, digital asset type, payment asset, time...
All images used in the article are for illustration purposes only and may not represent the latest updated interface of the product.
More information:
Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.
About Nami Exchange
Nami Exchange is a trading platform belonging to the Nami Foundation ecosystem that enables dynamic trading and effective investing through its Spot and Futures trading systems, which offer a wide selection of nearly 1,000 trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.
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