In a recent announcement, Binance revealed that Binance Auto-Invest has enabled an API functionality. 
Binance Auto-Invest celebrates a new milestone with a promising offer for Institutional clients and industry partners. 

Binance announces that Binance Auto-Invest has now enabled API functionality. The announcement was made recently on the official Binance website. Detailing the updates that come with the new development, Binance revealed that the API will support all of the functions that already exist on Auto-Invest. Users can expect to be able to create new Auto-Invest plans for more than 200 digital currencies, with over 20 payment options made available.

As the announcement read:

Binance Auto-Invest has enabled API functionality for all users. The API supports all existing functions on Auto-Invest, including but not limited to Creation of new Auto-Invest plans for over 210 cryptocurrencies, with more than 20 payment options available, Queries for the status and holdings of Auto-Invest plans, Edits to Auto-Invest plans and Fetching Auto-Invest transaction history.

Auto-Invest allows users to automate their crypto investments and allows them to grow their crypto holdings. It positions itself as a dollar-cost averaging (DCA) investment strategy that allows users to choose the digital currencies they want to purchase on a daily, weekly, bi-weekly, and monthly basis.

Purchasing assets like the Binance Coin (BNB) will result in an automatic deposit into the BNB vault. Meanwhile, every other digital currency purchased by users will be deposited into their Simple Earn Flexible Products account. Users can expect to earn daily rewards with their deposited digital assets. Upon initial rollout, Auto-Invest supported over 20 stablecoins and fiat currencies as payment options.

Users can create an Auto-invest plan on the Binance application, using their official account and cancel whenever they want. Presently, there is no maximum limit to the number of Auto-Invest plans that a user can subscribe to.

In celebration of the newly attained milestone, Binance Auto-Invest announces a limited offer for existing users

With the newly attained milestone comes a limited offer for select few customers currently partaking in the Binance Link program.Binance wrote:

To celebrate this new milestone, Binance Auto-Invest is pleased to announce a new limited-time offer for all institutional clients and industry partners who participate in the Binance Link Program and integrate the Auto-Invest API on their respective platforms.

Partners who meet the requirements will get a significant amount in commissions after carrying out a transaction with the Auto-Invest API.

“Qualified partners will stand to receive 50% more commissions for each transaction that is completed with the Auto-Invest API from a $1,000,000 Partnership Commission Sharing Pool, while growing their user numbers and platform trading volumes with Auto-Invest.” – Binance

In order to earn commissions with the Auto-Invest API, users must first complete the registration process by filing a form. In the near term, more details on the commission rates will be made available during the onboarding process.

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Filed under: Bitcoin - @ June 28, 2023 7:00 pm