The Auto-Buy feature allows you to automate your Bitcoin purchases using USDT. You can choose between “Regular Buy” (periodic purchases) or “Low-Cost Buy” (buying during price drops) to accumulate Bitcoin without having to time the market manually.

Regular Buy: You can schedule your Bitcoin purchases at fixed intervals, either hourly, weekly, or monthly. For hourly buys, you set the interval between 1 to 24 hours. For weekly buys, you select a day (e.g., Monday). For monthly buys, you choose a specific date.

Low-Cost Buy: Instead of scheduling purchases, you set a percentage drop (1–20%) from the current Bitcoin price. Whenever Bitcoin’s price drops by your chosen percentage, the system will automatically place a buy order.

First, sign up for a SmashFi account and deposit USDT into your account. Then, choose either “Regular Buy” or “Low-Cost Buy.” For both options, you’ll set a total plan budget in USDT and a specific amount to spend per buy. The system will keep executing buys based on your settings until your plan budget is fully used.

With Regular Buy, you allocate a budget (e.g., 1000 USDT) and choose how much USDT to spend per buy (e.g., 100 USDT). The system will automatically execute 100 USDT buys at the chosen interval (hourly, weekly, or monthly) until your total budget is spent.

With Low-Cost Buy, you set a percentage drop (e.g., 5%) from the current Bitcoin price. The system will automatically execute a buy (e.g., 100 USDT per buy) every time Bitcoin’s price falls by 5%, continuing until your total budget (e.g., 1000 USDT) is spent. The second buy order will be triggered when the Bitcoin price drops by 5% from the previous purchase price. This means the base price for triggering subsequent buy orders will keep adjusting as each new purchase is made.

Yes, you need to sign up for a SmashFi account and deposit USDT before enrolling in the Auto-Buy plan.

You have several options:

Invest in Shark: Your Bitcoin will be placed into SmashFi’s arbitrage trading algorithm, which operates on the Deribit exchange. Shark has delivered a cumulative return of 180% over the past 2 years, with an average monthly return of 9%.

Hold in your SmashFi account: You can simply accumulate Bitcoin and hold it for future actions.

Transfer to a non-custodial wallet: Later this year, you’ll have the option to transfer Bitcoin to a non-custodial wallet for full control over your private keys, minimizing counterparty risk.

Yes, you can transfer your Bitcoin to any wallet outside of SmashFi. To do this, you must first register an OTP (ie. Google Authenticator) and a withdrawal address in advance. There is a 12-hour lock period after registering a new OTP, and once the lock period is over, you can register any Bitcoin address for withdrawal and immediately transfer your Bitcoin.

SmashFi does not charge any fees for using the Auto-Buy feature. The only fee involved is a 0.02% trading fee paid directly to Binance for each Bitcoin purchase transaction.

There is currently no limit on the number of Auto-Buy plans you can create, nor is there a limit on the amount per plan or the total amount across all plans. However, SmashFi may introduce limits in the future based on policy updates.