Knowledge Base
How-to guides, FAQ and Crypto DCA support
Getting Started
Start buying cryptos on ZenDCA
Step 1: Register with a supported exchange
an exchange (or cryptocurrency exchange) is a digital platform that allows users to buy or sell crypto currencies. since zendca is not an exchange, it works by connecting to your exchange account and trading on your behalf. currently zendca supports 4 major exchanges: binance.us, coinbase, gemini and kraken. if you don't have an account with any of these exchanges, creating one is free and easy. coinbasegemini (bonus: $15 in crypto when you buy $100+ of crypto in the first 30 days)kraken (bonus: $10 in btc when you buy $100+ of crypto in the first 30 days)binance.us (bonus: $10 in btc when you buy $100+ of crypto in the first 30 days)the benefit of connecting your exchange account to zendca is we buy crypto currencies on your behalf with the lowest fees possible. for example, if you use the gemini mobile app to buy $100 of bitcoin every week, your fee currently* would be $2.99 per transaction (reference). on zendca it would be about $0.35. that's a savings of ≈$2.64 per transaction. not to mention we use the true market price of bitcoin and no spread. which means you're getting the most bitcoin possible for what you're spending!
Step 2: Connect your exchange account
in order to create any schedules on zendca, you have to connect your cryptocurrency exchange account. this is done by creating and adding api keys from the exchange and adding them to zendca. we have a step by step guide of how to do this for every exchange, see an example for kraken below:
for the gemini exchange, you also have the option to simply sign in and grant our app permissions to connect. this process is known as oauth and is currently only offered for gemini.
you'll also be able to view and pull your exchange usd balance and have other helpful buttons to view prices on the exchange or create a repeat buy schedule for that specific exchange. please note that if you decide to delete your api keys or disconnect from an exchange, any active schedules will be automatically paused.
Step 3: Deposit funds on the exchange
in order to create a repeat buy schedule, you must first have a fiat (e.g. usd, eur, gpb, etc.) balance on the exchange. zendca cannot purchase crypto currencies on your behalf, with your debit card or ach account on the exchange itself.all of the exchanges make depositing fiat simple and the funds are usually available right away to start trading. you will have to wait a few days for the deposit to clear with the bank, before being able to send cryptos.once you connect with an exchange, there will be links to add funds on the "connected exchanges" page. we also have helpful notifications throughout the application in case you don't have enough funds to make a purchase.
Creating your first repeat buy schedule
once you're connected with at least one of the supported exchanges, we make creating a new repeat schedule extremely simple. the first step is to select an exchange you have connected with, example below.
then provide a purchase amount, select the crypto you want to purchase and your preferred purchase interval (e.g. daily, weekly, bi-weekly or monthly). you can set a specific start date and purchase time in advanced options. then you simply click start.
the crypto currencies you can purchase are different for every exchange. we dynamically pull the list of all purchasable crypto currencies directly from the exchange.if you don't specify a custom start date, we'll place the first purchase right after you click start. your schedule will now be active and you can come back to track the performance and manage it.
Managing repeat buy schedules
you can pause, delete and track schedule performance on the dashboard any time.if you delete a schedule, all of the performance and transaction data will also be deleted on zendca. nothing gets removed from the exchange itself, so all your purchases will still be visible there.if you pause your schedule, no new purchases will be made until you're ready to re-activate it.you can view the amount of crypto purchased, total usd spent, exchange balance and your average cost and performance compared to the current price. you can also export all of your transactions at any time.want more details about a specific order? just click the eye icon in the actions column. here's a preview of the schedule details page:
lastly, if an order wasn't fully filled and is in the pending or partially filled status, you'll have the option to cancel the order. you can also resync the order status of any live orders to always stay up to date.if an order ever fails to get filled, you'll be able to delete it from the transactions list to reduce clutter.
How do I save on fees?
we're glad you asked! this is one of the main benefits of using zendca and not using recurring buys on the exchange.most exchanges will allow you to create a recurring buys, but you'll be paying higher fees so let's break it down.let's use coinbase as an example, and say you create a schedule to buy $100 worth of bitcoin every week on the mobile app. you'd be paying a fee of ~$2.99 and only getting ~$97.01 worth of bitcoin. on top of that, you won't be paying the best bitcoin price from the order book, but an inflated one due to their spread calculation (more info here). so you get less bitcoin and pay almost 4% in fees!on zendca, you would pay about ≈$1.20 to coinbase in fees, when buying $100 worth of bitcoin every week ($1.79 in savings!) and paying the true market price for your bitcoin. we fetch the latest asking price from the order book at the time of your order. meaning you would get the most bitcoin possible for the ≈$98.80 you paid, since the spread calculation doesn't apply on zendca!for the same $100 on kraken, you can expect to pay ~$1.50 in fees on the mobile app. if you use zendca, you would pay $0.40 in fees ($1.10 in savings!). not to mention you'd get a better price for your bitcoin, as zendca forces kraken to pull the latest price from the order book (no spread).the fee to buy $100 of btc on the gemini mobile app would be $2.99. on zendca, that fee goes all the way down to $0.40 ($2.59 in savings!).these are the fee schedules for all supported exchanges:coinbasegeminikrakenbinance.usif you're looking for the fees that you would pay the exchange by using zendca, look for the api or limit taker order fee schedules (for gemini and coinbase) and spot crypto fees for kraken.
General
Helpful articles about ZenDCA and crypto currencies
What can I do on ZenDCA?
zendca lets you create recurring buy schedules, make one-time smash buys on supported exchanges and track your portfolio.all the kyc and aml has to be done on the exchange, so zendca does not have those procedures. so while you can't buy cryptocurrencies directly from zendca, we facilitate the process for you and help you save on fees.you can manage your connected exchanges and view your schedule details and performance at any time.
What cryptocurrencies can I purchase through ZenDCA?
the number of cryptocurrencies you can purchase depends on the exchange you connect with and the plan that you're on.among the 4 supported cryptocurrency exchanges, you can trade over 300 cryptocurrencies. we check daily for new cryptocurrencies on every supported exchange and add them to our system within hours when it's officially tradable.here is a full list of crypto currencies offered by each exchange:coinbasegeminikrakenbinance.usplease note that while kraken may show a crypto they support, they don't always document if it's available to trade in your location yet. you would only know once you try to create a new repeat buy schedule.
How to create a smash buy
a smash buy is a one-time, instant crypto purchase on zendca. unlike repeat buy schedules that run automatically on a set interval, a smash buy lets you buy crypto on the spot whenever you want. it's perfect for when you see a dip, want to top up your position, or just want to make a quick purchase without setting up a recurring schedule.
how to place a smash buy
to get started, head to the smash buys tab on your dashboard. you'll need to have at least one exchange connected with trading permissions. if you haven't connected an exchange yet, check out our guide on connecting your exchange account.
here's how to place a smash buy:
select an exchange — choose from coinbase, gemini, kraken or binance.us. you'll see a checkmark next to any exchange you've already connected.
enter a purchase amount — type in the amount you want to spend. you can also use the quick amount buttons (100, 250, 500, 1000 or 2000) to fill it in faster.
choose a cryptocurrency — search by name or ticker symbol. the available cryptos depend on the exchange you selected and your plan.
click buy now — your order will be placed immediately on the exchange.
once submitted, zendca places a limit order on the exchange for the best available price. on binance.us, a market order is used instead. your exchange balance for the selected fiat currency will be shown below the form, so you can confirm you have enough funds before buying.
tracking your smash buys
after placing a smash buy, it will appear in the recent smash buys table below the form. you can see the date, exchange, crypto, amount, purchase price, gain/loss and current status for each buy. click details to view the full breakdown, including fees paid, fee savings and roi.
smash buys can have one of three statuses:
completed — the order was filled successfully.
pending — the order has been placed but not yet filled. this is usually very brief.
failed — something went wrong (e.g. insufficient funds, exchange error). you can view the error message in the details and delete failed buys to keep things tidy.
use the refresh button to update the status of pending orders and recalculate your roi across all smash buys.
fee savings
just like repeat buy schedules, smash buys save you money on fees by using limit orders instead of the higher-fee mobile app pricing. the estimated fee savings are shown in green below the form as you enter your purchase amount. you'll also see the actual savings in the details of each completed smash buy.
plan limits
the number of smash buys you can place depends on your plan:
free plan — up to 5 smash buys
minimalist plan — up to 50 smash buys
buddha plan — unlimited smash buys
only completed and pending smash buys count towards your limit. failed buys do not. if you hit your limit, you can upgrade your plan to place more.
good to know
you need a fiat balance on the exchange to place a smash buy. zendca cannot use your bank account or debit card directly.
the minimum purchase amount varies by exchange and cryptocurrency. we calculate it dynamically based on the exchange's requirements.
free plan users can only purchase bitcoin, ethereum, litecoin and zcash. upgrade to a paid plan to unlock all supported cryptos.
smash buys are completely separate from repeat buy schedules. creating a smash buy does not affect your schedule limits.
if you have any questions about smash buys or need help, reach out to us at support@zendca.com
How to track your portfolio on ZenDCA
zendca gives you a unified view of your crypto portfolio across all connected exchanges. instead of logging into each exchange separately, you can see all your balances and holdings from your zendca dashboard.
viewing your exchange balances
once you've connected at least one exchange, your dashboard will display your current balances. this includes both fiat currency balances and cryptocurrency holdings for each connected exchange. balances are fetched directly from the exchange apis so they reflect your actual account state.
if you have multiple exchanges connected (coinbase, gemini, kraken or binance.us), you'll see balances from each one. this makes it easy to get a complete picture of your crypto across all platforms without switching between apps.
crypto market overview
zendca also provides a crypto market overview so you can keep an eye on current prices and market conditions. this is helpful for deciding when to adjust your dca schedules or place a smash buy.
schedule performance
for each of your repeat buy schedules, you can track detailed performance metrics including the total amount invested, the current value of your holdings, fees paid and fees saved. click into any schedule to see the full breakdown of every order that has been executed, along with the purchase price at the time of each buy.
similarly, your smash buys show gain/loss and roi for each individual purchase, so you can see how your one-time buys are performing over time.
activity log
your activity log keeps a record of everything that happens on your account — scheduled buys, smash buys, exchange connections and more. you can use it to review your transaction history and confirm that your schedules are running as expected.
Understanding your schedule performance and ROI
zendca tracks detailed performance data for every repeat buy schedule and smash buy you create. here's how to understand the numbers and what they mean for your investment.
repeat buy schedule performance
when you open the details of any repeat buy schedule, you'll see a breakdown of every automated order that has been executed. key metrics include:
total invested — the total fiat amount spent across all completed orders in that schedule.
current value — the current market value of the crypto purchased through the schedule.
fees paid — the total trading fees charged by the exchange for your orders.
fees saved — the estimated amount you saved by using zendca's low-fee limit orders compared to the exchange's standard mobile app pricing.
each individual order within a schedule shows the date it ran, the amount purchased, the price at the time and the status (completed, failed, etc.).
smash buy performance
smash buys track performance on a per-purchase basis. in the recent smash buys table, each completed buy shows:
purchase price — the price at which your order was filled.
gain/loss — the difference between the current market value and what you paid.
roi — your return on investment as a percentage.
fee savings — how much you saved compared to standard exchange fees.
click details on any smash buy to see the full breakdown including the exact fees paid and your net return.
how fee savings are calculated
zendca places limit orders (or market orders on binance.us) on your behalf, which carry significantly lower fees than buying through an exchange's mobile app or instant buy feature. the fee savings shown represent the difference between what you would have paid using the exchange's standard consumer pricing and what you actually paid through zendca.
tips for tracking your investment
use the refresh button on the smash buys page to update roi calculations with the latest market prices.
check your schedule details regularly to confirm orders are executing as expected.
review the activity log for a chronological view of all your transactions.
How to connect multiple exchanges and view all your balances
zendca supports connecting multiple cryptocurrency exchanges at the same time. this means you can manage repeat buy schedules and smash buys across different exchanges, and see all your balances in one place.
supported exchanges
you can connect any combination of the following exchanges:
coinbase
gemini
kraken
binance.us
each exchange is connected separately using api keys. you can add or remove exchanges at any time from your dashboard.
connecting an exchange
to connect an exchange, you'll need to create an api key on the exchange with the appropriate trading permissions. check out our detailed guide on connecting your exchange account for step-by-step instructions for each supported exchange.
viewing balances across exchanges
once you have multiple exchanges connected, your dashboard shows balances from each one. you can see your fiat balances (usd, eur, etc.) and crypto holdings for every connected exchange. this gives you a consolidated view of your portfolio without needing to log into each exchange individually.
balances are pulled directly from the exchange apis. if you notice a discrepancy, make sure your api key still has the correct read permissions on the exchange.
managing schedules across exchanges
with multiple exchanges connected, you can create repeat buy schedules and smash buys on any of them. this is useful if you want to take advantage of different fee structures, crypto availability or liquidity across exchanges. each schedule is tied to a specific exchange, so you always know where your orders are being placed.
What is a repeat buy schedule?
a repeat buy schedule, also know as a recurring buy schedule, is a way to automatically purchase a certain amount of crypto currency at a specified interval. for example, you can create a schedule to buy $20 worth of bitcoin every week.the minimum purchase amount is $10 and currently you can choose between daily, weekly, bi-weekly and monthly interval options.you can pause and delete any schedules you add, at any time.the crypto currency you can buy will depend on what exchange you select. between the 4 supported exchanges, you can invest in over 300 crypto currencies. you must be on a paid plan (minimalist or buddha) to purchase any cryptos. the free account only allows you to buy bitcoin, ethereum, litecoin and zcash.lastly, in order to make sure your repeat buy schedule will stay active, make sure you always have enough usd funds on the selected exchange. depositing usd funds is made simple on every exchange and you can top up any time. if for example, you have a schedule to buy $20 worth of bitcoin every week, you should have at least $80 on the exchange so it can run for 4 weeks. then top up as needed.if you have an insufficient usd balance when we try to purchase cryptos on your behalf, the order will simply fail and your schedule will be paused. you'll get an email letting you know it's time to top up. we also have a button on the connected exchanges page, that will take you directly to the page where you can add more funds.
How do you calculate the minimum purchase amount?
for gemini and kraken, we fetch the minimum crypto purchase amount dynamically from the exchange and multiply it by the current price. we will recalculate the minimum order amount if you select a different fiat currency to purchase with. the minimum purchase amount might fluctuate based on the price, but usually stays the same in crypto terms (however is subject to change at any time).for coinbase we fetch the minimum fiat purchase amount directly from their api (instead of calculating it).the latest minimum crypto purchase amounts per exchange can be found here:krakencoinbasegeminibinance.uswhat happens if the amount i provide when creating a new repeat buy schedule falls below the minimum order amount (due to price fluctuations, etc.)?not a problem! you can edit the purchase amount of your repeat buy schedule at any time. you do that by clicking the three vertical dots to the right of the status badge on the schedule details page and then clicking edit. simply provide a new purchase amount and click save and you're done!if you don't do this before the next automated order, your schedule will simply be automatically paused and the buy will fail with a message about the order amount being too small. you can still edit the schedule purchase amount and resume the schedule after that.
App Server Status Monitoring
if you'd like to see the server statuses of all zendca services and the supported exchange apis, you can do so here: https://status.zendca.com/it will display if the servers are currently operational and the historical uptime. if we're ever doing maintenance on the application or are experiencing downtime, we would email all of our users to keep them in the loop.if you have any questions regarding the server uptime or anything related please email us at support@zendca.com
FAQ
Frequently asked questions, answered
What happens to my schedules if I downgrade from the Buddha or Minimalist plan?
if you have more than 10 active schedules while on the buddha plan and decide to downgrade to the minimalist or free plan, your schedules would be automatically paused. you would then be able to resume specific schedules based on what your new plan allows.same goes for downgrading from the minimalist plan to the free plan.none of your schedules would be deleted, but they would be auto paused if you downgrade to a plan that doesn't allow the amount of schedules you created on the previous plan. if you downgrade to the free plan, any schedules that aren't for bitcoin, ethereum, litecoin or zcash would also be auto paused and no longer resumable.
Why would I use ZenDCA instead or just setting up recurring buys on the exchange?
it's a valid question and the main reason is you will save on fees when a buy order is placed on your behalf on zendca. you'd pay higher fees on the exchange mobile apps and not get as much crypto as you should, read more here.you'll have better insights into your schedule performance and all details on zendca, as opposed to the exchange. they won't show your average cost for the crypto currency, performance stats and everything else we offer on the dashboard. additionally, you'll be able to trade on multiple exchanges on one place and have all the statistics on a consolidated dashboard.so between saving on fees, better performance insights and a user friendly dashboard, zendca is your true path to zen.
Can you provide more information about pricing plans and how to upgrade and downgrade?
there are currently 3 plans, with every new user starting with the free basic plan. the free plan includes up to 3 active buy schedules for bitcoin, ethereum, litecoin and zcash only. the 3 limit schedule doesn't include paused schedules, so you can have 3 active schedules if there are paused ones. however, you won't be able to resume any paused schedules on the free plan if you've reach the 3 active schedule limit.if you'd like to buy more cryptocurrencies or have more than 3 active schedules, you can upgrade to the minimalist or buddha plans at any time. both plans allow you to trade all supported cryptocurrencies (250+). the minimalist plan allows for up to 10 active schedules and the buddha plan does not have a schedule limit. the minimalist plan starts at $5/month and the buddha plan is $14/month. if you decide to prepay for the year, you'd save more than 15%\!if you upgrade to a paid plan, you can cancel any time. once you cancel, you'll have access to the paid plan until the paid through date. after this date, your account would be automatically downgraded to the free plan. you can reactivate during or after the cancellation period any time. there are no prorated or partial refunds for plan cancellations.
How is the total saved on fees calculated for Gemini buy schedules?
zendca stores the amount you save on fees after every completed buy order on the gemini exchange. since we place limit buy orders on your behalf, you are subject to lower api fees, which at the time of writing are 0.4% for taker orders and 0.2% maker orders. so when you purchase $100 on zendca, you would pay approximately $0.40 in taker fees ($0.20 with maker orders), instead of $2.99 on the gemini mobile app! more information on taker vs maker orders can be found here.the fees on gemini do change, so you can view the latest ones for zendca buy orders here. the fees you would pay on the gemini mobile app can be found here.since zendca stores the amount you save on fees at the time of the buy order, even if the fees change in the future, the cost savings calculation will still be correct.to calculate the fee savings, we check how much you paid in fees after the buy is completed and subtract that from what you would have paid on the gemini mobile app. the "total saved on fees" line on the schedule details modal will show you the total you saved in fees for the schedule. the fees are different when you buy with eur, gbp and sgd. we store the latest fees for each fiat currency to calculate the amount you save in fees for your schedule.if you have any other questions about the fee savings calculation or anything else, reach out to us at support@zendca.com
Can I fully delete my account on ZenDCA?
we understand that some users no longer want an account or their data to be stored on our servers. you can delete your account and all of its associated data in the settings section, under security.
if you delete your account, all of your data will be permanently deleted and not restorable. this is a permanent and irreversible action, which is why you have to type in "deletemyaccount" into a field before fully going through with the deletion.if you have any schedules added on your account, they would be deleted along with any transactions or metadata. same goes for any api keys you added or any other information you provided or added.if you have an active paid subscription, it would be immediately cancelled after you delete your account. please note than no prorated or partial refunds are provided if you decide to go this route. if you need more information about our cancellation or any other policies, please see our terms & conditions here.
What happens when you downgrade to the free plan on a paid subscription?
once you purchase a subscription, you can downgrade back to the free plan at any time in the settings section, under billing.
if you decide to downgrade, you would have to cancel your current plan. this would give you access until the paid through date (no partial or prorated refunds are provided).on the paid through date, your account will be automatically downgraded to the free plan and you will no longer be charged.if you have more active schedules than the free plan allows or a schedule for a cryptocurrency other than bitcoin, ethereum, litecoin or zcash, your schedules will be automatically paused after the paid through date. you will see the message "you are now on the free plan. you can create or resume up to 3 schedules for btc, eth, ltc and zec only." on the applicable schedules. you will only be able to resume up to 3 schedules for the cryptocurrencies that the free plan allows. if you want more schedules or cryptocurrencies, you'd have to upgrade to a paid plan again.
Crypto 101
New to Bitcoin and crypto currencies? Start here
Is purchasing cryptos like purchasing stocks?
purchasing crypto currencies is completely different from purchasing stocks. when you purchase a stock, you're buying a share of the underlying company.when you purchase crypto currencies, you're buying the underlying asset, which you own. the transaction is stored on a public ledger, called blockchain. no one, but you owns that crypto currency due to the decentralized nature of crypto currencies. this is also why keeping your crypto currency off of exchanges is a good ideas, since you don't own the private keys until you move them to your own wallet.while purchasing crypto currencies on exchanges is completely fine, keeping them stored there is not considered good practice.
What is Bitcoin?
bitcoin is a decentralized and distributed digital currency that operates on the bitcoin network (blockchain) and is a revolutionary technology. since its inception in 2009, it made room for other crypto currencies to also start being developed (also known as alt coins or alternative coins). alt coins are all crypto currencies that are not bitcoin.you can read the 9 page white paper here. while it does get technical, it's still worth your time to start on your crypto currency journey.bitcoin is an open source technology, meaning its source code is open to the public. if you're technical and want to view the code, you can do so here. if you're not a software engineer, you can rest assured that some of the greatest minds have worked on this project since 2009.just because the code is open source, doesn't mean anyone can modify it or attack the network. while we can read the code freely, the only engineers that can make changes are the ones that are part of the bitcoin core community. you can find more information about the bitcoin core team here.among giving back people control of their money by being decentralized, bitcoin solves many problems. it's next to impossible for bitcoin to be hacked or for a counterfeit bitcoin to exist (can't say the same thing for the dollar!).while a 51% is technically possible, the amount of resources, money and time it would take make it an extremely unlikely scenario. if you ever read about an exchange or a user's account being hacked, that's not the same thing as bitcoin being hacked, which has never happened.you can find out more about bitcoin here.
Dollar Cost Averaging
Helpful information about the DCA (dollar cost averaging) investment strategy
Benefits of dollar cost averaging
while dollar cost averaging has both pros and cons, the biggest pro is the peace of mind it brings. you can create a repeat buy schedule and leave it on auto pilot, without having to watch the crypto currency price every day. if your time horizon is long enough, there is a much higher chance to benefit from using this strategyif you make a lump sum investment, you'd be stuck watching the price you bought at and might have a lot of panic selling tendencies due to market volatility. this is not the case with dca as you invest small amount over (ideally) a long period of time and average out your cost. regardless of the news, price movements, fud and everything else going on.does this mean you will always come out ahead ? absolutely not. if it was that simple, everyone would now be a millionaire. however, it is a tried and true way to be more disciplined with your investing and be more focused on the long term.you can read more about the pros and cons of dollar cost averaging here.
What is Dollar Cost Averaging (DCA)?
dollar cost averaging (also known as dca) is an investment strategy to purchase crypto currencies at specific intervals (e.g. buy $25 worth of bitcoin every week). which is completely different from a lump sum investment (e.g. buy as much bitcoin as i can with my checking account balance).this strategy was first coined in the book "the intelligent investor" by benjamin graham in 1949, so it's been around for over 70 years. the dca strategy is not bulletproof and not a sure way to make everyone a millionaire, so it's important to do your own research and understand the pros and cons.you can read more about it in this investopedia article.the main benefit of utilizing this strategy is you can leave it on auto pilot on an app like zendca and not worry about the price swings or market volatility. your cost will be averaged over time and you're not stuck watching one price and ideally not panic selling either.this is not a very useful strategy for day traders or for the short term. there is no strict rule of thumb for how long you should dca, but if you're not willing to do it for at least 2+ years, then it might not be the best strategy for you.lastly, there is a nice calculator that shows you what you'd have today if you dca'd starting on a specific date in the past, which you can find here.
What's the difference between DCA and Lump Sum?
when it comes to investing in crypto, there are two common approaches: dollar cost averaging (dca) and lump sum investing. both have their merits, but they feel very different in practice — and that difference matters more than most people think.
what is lump sum investing?
lump sum investing means putting all of your available capital into the market at once. if you have $5,000 to invest, you buy $5,000 worth of bitcoin today and hope for the best. your entire investment is immediately exposed to whatever the market does next.
what is dollar cost averaging?
dollar cost averaging means spreading your investment out over time by buying a fixed amount at regular intervals — for example, $100 every week. you buy regardless of price, which means you naturally buy more when prices are low and less when prices are high. over time, this smooths out your average purchase price.
why timing the market doesn't work
lump sum investing sounds appealing when markets are going up. but it requires you to make a critical decision: when to buy. and that decision is essentially a bet on short-term price movement. even professional fund managers consistently fail to time the market reliably. study after study has shown that predicting short-term price movements is virtually impossible, especially in a market as volatile as crypto.
with dca, you remove that decision entirely. you don't need to guess whether today is a good day to buy. you just buy on a schedule and let time do the work.
the emotional advantage of dca
this is where dca really shines. investing a large sum all at once can be stressful. if the price drops right after you buy, it's easy to panic, second-guess yourself and sell at a loss. that emotional rollercoaster leads to poor decisions — buying high out of excitement and selling low out of fear.
dca takes the emotion out of investing. because you're buying in small, regular amounts, a price drop isn't a disaster — it's actually an opportunity. your next scheduled buy picks up more crypto for the same amount of money. this makes it much easier to stay consistent and stick with your plan through market volatility, which is one of the most important factors in long-term investing success.
what about the studies that say lump sum wins?
you may have seen research suggesting that lump sum investing outperforms dca about two-thirds of the time in traditional markets. that's technically true in backtested scenarios — because markets tend to go up over time, getting in earlier means more time in the market. but those studies don't account for human behavior. they assume you can invest a large sum without hesitation and hold through every downturn without flinching. in reality, very few people can do that.
the best investment strategy is the one you can actually stick with. a dca plan that you follow consistently will almost always outperform a lump sum investment that you panic-sell after a 30% drawdown.
dca is built for crypto
crypto markets are significantly more volatile than traditional stock markets. bitcoin has seen drawdowns of 50% or more multiple times throughout its history. in that kind of environment, dca is especially powerful because it protects you from the risk of buying everything at a local peak. instead of agonizing over whether now is the right time, you simply invest steadily and benefit from the long-term trend.
bottom line
lump sum investing can work if you have nerves of steel and a very long time horizon. but for most people, dca is the smarter approach — not because it always produces the highest theoretical return, but because it's sustainable, disciplined and emotionally manageable. it turns investing from a stressful guessing game into a calm, automated process.
zendca makes dollar cost averaging effortless by automating your recurring buys across multiple exchanges, so you can set your schedule and let it run without worrying about timing the market.
Supported Exchanges
Information about the supported exchanges on ZenDCA
What exchanges does ZenDCA support?
currently, zendca integrates with 4 major exchanges:binance.uscoinbasegeminikrakenthe exchanges are responsible for executing the cryptocurrency orders, that zendca initiates on your behalf. they all have their own proprietary algorithms to calculate the price of each crypto currency. zendca is able to interact with these exchanges on your behalf by leveraging their apis.you can buy cryptocurrencies with any fiat currency that's supported by that exchange. at the time of writing, kraken supports seven (the most) fiat quote currencies that you can buy cryptos with.we carefully vet out each exchange for security and reliability, before integrating with them.
Coinbase exchange
one of the oldest, most trusted and well know exchanges is coinbase, founded in 2012. it's the third biggest in the world with a volume of $2.4 billion and 175 crypto currencies offered.coinbase advanced trade is the advanced trading platform offered by coinbase, and you simply sign in to it with your regular coinbase account.you can read more about it here.
Gemini exchange
founded in 2014 by the winklevoss twins (yes, the original founders of facebook), gemini has secured its place as one of the best and trustworthy crypto currency exchanges.it is based in new york and at the time of writing is helping facilitate $127 million worth of crypto currency trading.they have 2 versions to their platform as well as a mobile app. they have the regular trader dashboard when you sign up. they also have a trading platform for more advanced users called active trader. you don't need an active trader to be able to save on fees when using zendca. you can get more information about it here.
Kraken exchange
established in the united states, kraken is a cryptocurrency exchange platform that facilitates buying, selling, and trading of a wide variety of assets at comparatively minimal commissions. boasting an impressive euro volume and liquidity, kraken allows on-the-move trading of over 100 crypto assets and 7 conventional currencies, namely usd, cad, eur, gbp, jpy, chf, and aud, through its online platform and mobile applications.founded in 2011, kraken was a pioneer in the cryptocurrency exchange world, offering spot trading, derivatives, and index products among the initial services. presently, the company offers a broad range of products and services, such as spot trading, margin trading, futures, indices, staking, and over-the-counter trading. an upcoming addition to their portfolio is a non-fungible token (nft) marketplace. serving over 8 million individual and institutional clients, kraken is supported by notable backers like digital currency group, blockchain capital, tribe capital, and hummingbird ventures, among others.you can view the latest volume and find out more about kraken here.
Binance.US exchange
launched in 2019 for us residents, binance us is a subsidiary of the binance exchange, which is the largest in the world. at the time of writing the volume on the exchange is $301 million with a total of 91 crypto currencies offered.they're know for their low fees, reliability and being backed by the biggest exchange in the world.you can read more about it here.