The optional setting in Binance ConvertRecurring adjusts buy amounts using CoinMarketCap’s Fear and Greed Index, with allocations ranging from 10% to 200% of a user’s base plan.
Binance has introduced SmartDCA, a new optional advanced setting for Binance ConvertRecurring that lets users automatically vary recurring crypto purchase amounts based on CoinMarketCap’s Fear and Greed Index. Users can set different investment ratios for oversold conditions, defined as an index reading of 0-40, and overbought conditions, defined as 60-100, with allocations ranging from 10% to 200% of the original purchase amount. The feature is fully optional, so standard recurring purchase plans remain available unchanged. SmartDCA applies to eligible single-asset crypto recurring plans, but does not include stock tokens.