Hata, a licensed digital asset exchange in Malaysia, has introduced a new feature called Auto-Invest, designed to make crypto investing more accessible and automated.

This feature allows users to set up recurring purchases of cryptocurrencies at regular intervals, such as daily, weekly, bi-weekly, or monthly.

Hata’s Auto-Invest utilises a dollar-cost averaging (DCA) strategy, which helps to mitigate the risks of market volatility by spreading investments over time.

Users can choose from all cryptocurrencies available on the Hata platform and fund their investments using Malaysian Ringgit (MYR).

The platform offers a simple setup process, and users can manage their Auto-Invest plans, including pausing, resuming, or canceling them at any time.

Once a plan is created, the first transaction will begin within the next hour on the following day.

Additionally, purchased crypto assets are immediately credited to the user’s wallet, and they have the ability to manage up to five Auto-Invest plans simultaneously.

A 1% fee is applied to each transaction.

David Low, CEO of Hata, said,

“Auto-Invest is about empowering our users to make smart, long-term investments without the stress of market volatility.

With a proven strategy like dollar-cost averaging, we’re making crypto investing simpler, more accessible, and more consistent. It’s not about timing the market, it’s about making the market work for you.”

Featured image credit: Edited from Freepik