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 3 major US exchanges: Binance US, Coinbase Pro and Gemini.
If you're not already registered with one of the supported exchanges, creating an account is free and easy. You can register using one of our referral links:
- Binance.US (Get $10 USD after trading $100 or more within 30 days)
- Coinbase Pro
- Gemini (Get $10 in Bitcoin after you buy or sell $100 or more in cryptos)
If you have a regular Coinbase account, you can simply use it to access Coinbase Pro. It's free and will allow you to save more of fees and unlock other features. Coinbase Pro is the advanced trading platform offered by Coinbase.
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 ≈$0.35. That's a savings of ≈$2.64 per transaction. Not to mention we use the true market price of Bitcoin, which means you're getting the most Bitcoin possible for what you're spending.
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