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How to customize Binance's Auto-Invest Portfolio Plan
Auto-Invest’s Portfolio Plan of Binance
How to Customize a Cryptocurrency Portfolio with a Portfolio Program?
Fixed Investment is a Binance wealth management product that allows users to earn passive income by purchasing cryptocurrencies through a cost-average (DCA) strategy.
Fixed Investment has now been upgraded to the latest version, with the Portfolio Plan feature, anyone can easily customize a variety of cryptocurrency plans.
Users only need to select the cryptocurrency to be purchased, specify the configuration of each cryptocurrency, and start a fixed investment cycle plan to easily diversify their investments.
Learn here how to build your own cryptocurrency portfolio with Scheduled Investment’s Portfolio Planning feature.
You can customize a variety of cryptocurrency investment portfolios through the Scheduled Investment Portfolio Plan and automatically make scheduled investments.
Build a diversified portfolio plan today.
You may have heard of Binance Wealth Management, a powerful product that allows anyone to automate cryptocurrency accumulation and add passive income as an added bonus.
Binance has announced that they’re taking scheduled investing to new heights with powerful new features. This Portfolio Planning feature enables users to create multiple cryptocurrency portfolios from scratch. This function also relies on an automated mechanism that allows users to slowly and steadily accumulate assets while making diversified investments.
Portfolio plans require little ongoing maintenance, making them ideal for busy people who are considering adding a new source of passive income. If you’re interested, here’s how to start growing your passive portfolio.
Create Your Crypto Portfolio with Binance
What is Auto-Invest’s Portfolio Plan?
Portfolio Planning is a new feature introduced by Scheduled Investments. This feature is so convenient that anyone can buy and manage multiple cryptocurrencies in the same portfolio, arguably one of the easiest ways to buy more than two cryptocurrencies over the long term. To know if a portfolio plan is right for you, you should first understand what a fixed investment is.
Go to Binance’s Official Website
Auto-Invest
Scheduled Investment was launched in 2021 to help users easily create and grow stablecoin portfolios to make money automatically using cost-average (DCA) strategies . With fixed investment products, users only need to create a plan and let the plan execute according to their wishes. In addition, scheduled investment will automatically add the purchased cryptocurrencies to Binance Savings and add Binance Coins to the BNB yield pool . Binance Wealth Management products allow cryptocurrency holders to use idle assets to earn extra annual income. Scheduled investment has now been upgraded, and users can purchase all the cryptocurrencies of their choice with the latest feature Portfolio Plan.
Create Your Crypto Portfolio with Binance
Portfolio Plan
The main difference between the existing fixed investment plan and the new portfolio plan is the number of tokens you can choose to buy regularly. Different from the existing investment plan of fixed investment, the investment portfolio plan allows users to easily diversify their investment by setting up a variety of tokens. Whether you want to create your first multi-cryptocurrency portfolio, plan to reduce risk through portfolio diversification, or wish to generate some passive income, you can choose to customize your portfolio plan to meet these needs. Because of the flexibility of the scheme, users can pick from two to ten tokens in each scheme and determine the percentage allocation for each cryptocurrency. Look forward to the other features and benefits below.
The main functions and advantages of the fixed investment portfolio plan
- Creative
- There is no cap on the number of portfolio plans created. Customize multiple exclusive portfolio plans according to your preferences, each plan contains up to 10 tokens.
- Private custom
- From frequency of using DCA to cryptocurrency type and percentage allocation, you can choose the final portfolio plan.
- Earn passive income
- The purchased cryptocurrency will automatically enter into Binance Savings, but does not include Binance Coin, which will enter the BNB Yield Pool. So you can earn passive income from idle assets.
- Lower risk
- Binance Savings and BNB Yield Pools are risk-free alternatives to non-guaranteed cryptocurrency trading.
- Easily manage your portfolio
- Like any other fixed investment plan, you can monitor and manage your portfolio plan from a single interface through the Binance app. Stay in control of your portfolio plan profit and loss details, and pause or delete your portfolio plan anytime, anywhere.
Is the Portfolio Plan right for me?
Portfolio plans can be customized and therefore likely to attract a large number of users. If you fall into one of the following investment types, consider creating your own portfolio plan.
- Cryptocurrency Beginners
- New users can easily create their first multi-asset portfolio plan by simply transferring stablecoins to their accounts. The portfolio plans to use the DCA strategy, so cryptocurrency beginners and users in volatile cryptocurrency markets do not have to master market timing, a skill that is difficult even for experienced traders to master.
- Explore cryptocurrencies
- If you have a knack for trading and investing in cryptocurrencies and plan to increase your holdings, you can choose investment opportunities other than Bitcoin and accumulate altcoins through a portfolio plan.
- Advantages of cryptocurrencies
- Are you planning to hedge by diversifying your investments? Create a portfolio plan that fits your risk profile, or create a portfolio plan designed for current market trends. Stay tuned for new tokens added every week.
Go to Binance’s Official Website
How to Customize a Multi-Crypto Portfolio with a Portfolio Plan
Step 1: Wallet top-up
Like other fixed investment plans, the portfolio plan uses stablecoins in the wallet to buy cryptocurrencies. Before creating a portfolio plan, make sure you have USDT or BUSD stablecoins in your spot and/or Binance Savings checking balance.
If you are a complete cryptocurrency beginner, you can start buying BUSD with cash.
Step 2: Create a plan
Log in to your Binance account on the Binance App, and click “Scheduled Investment”.
Click “Create Plan” next to the Portfolio Investment banner.
Click “Add Token” and select the cryptocurrency you want to buy.
Configure percentages for each selected cryptocurrency. Make sure the percentages add up to 100.
Enter the subscription amount, preferred stablecoin (USDT or BUSD) and regular period.
Review the customized plan, read and agree to the Binance Dingtou Agreement, and click “Confirm”.
Step 3: Don’t View or Monitor Once Set Up
Depending on your trading habits, you can choose to set up a portfolio plan that you don’t look at, let it grow steadily, or monitor it regularly. The former habit needs little to say, but if you want to monitor your portfolio, it’s easy to do from a single interface. The overview page displays all the portfolio plans you have created, and you can view all unrealized P&L, return on investment (ROI) and next purchase date for efficient portfolio management. You can choose to pause selected portfolio plans, or rebalance your cryptocurrency portfolio to optimize your strategy based on market conditions.
Step 4: Withdraw cryptocurrency
Cryptocurrencies purchased through the Portfolio Program are automatically entered into Binance Savings Demand (Binance Coin enters the BNB Yield Pool) to earn passive income, ensuring product benefits, including quick withdrawals of cryptocurrencies at any time as desired.
Create a portfolio now and customize your first portfolio plan.
Whether you want to diversify your investments, earn passive income, or use CAD to reduce the impact of short-term market volatility, the Fixed Investment Portfolio Plan feature can help you achieve stable growth in your assets.