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Auto-Invest vs. Rebalancing Bot
It's vital to distinguish Rebalancing Bot from Binance's Auto Invest function. While Auto Invest enables users to make recurrent investments by automating the acquisition of predefined assets on a regular basis, it is not intended to change users' portfolios. The Rebalancing Bot, on the other hand, allows investors to diversify their risks and automatically balance their holdings by purchasing and selling assets as needed.
Rebalancing Bot Trading fees
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When paying with BNB, Rebalancing Bot customers receive a 25% reduction on ordinary trading costs.
You will first pay the usual trading charge from the Rebalancing Bot Wallet and then get trading fee refunds in your Spot Wallet. To view your BNB fee history, navigate to [Orders]
- [Rebalancing Bot] - [Fees Return History].
Please keep in mind that you must have a sufficient BNB balance in your Spot Wallet to cover the trading costs. Otherwise, you will not receive your 25% trading charge rebate. For additional information, see How to Use BNB to Pay Fees and Earn a 25% Discount.
Final Verdict
Binance's Rebalancing Bot is an easy-to-use option for people who want to manage their cryptocurrency portfolio with little effort. The tool enables automated portfolio modifications, either at predetermined intervals or when the coin ratio deviates from the predefined amount, making it easier to maintain a diverse portfolio. Regular rebalancing can assist boost returns while maintaining the original investment strategy and objectives, ensuring the portfolio is risk and return optimized.
In conclusion, the Rebalancing Bot on Binance is a game-changer for cryptocurrency traders looking to optimize their portfolio performance. With its ability to automate the balancing of assets, traders can save time, reduce risk, and potentially increase their profits.