# Auto-buy

The Auto-Buy feature allows you to automate your Bitcoin purchases with USDT. You can set up automatic purchases based on your preferred schedule or price drops to help you weather market volatility and accumulate Bitcoin with confidence.

### Two Purchase methods

#### 1. **Low-Price Buying**

* Price drop based: Automatically buy when the price drops by a certain percentage
* Set the drop percentage: You can set the drop percentage from 1-20% from the current Bitcoin price
* Auto execution: The system will automatically execute the buy order when the set drop percentage is reached

#### 2. Regular Buying

Set time intervals: Schedule Bitcoin purchases at fixed intervals Buy frequency option:

* Hourly: can be set from 1-24 hours
* Weekly: select a specific day (e.g. every Monday)
* Monthly: select a specific date

#### How it works:

* Set an overall budget and a one-time purchase denomination amount → execute an automatic purchase whenever the specified conditions are met.
* Subsequent purchases will reset the threshold to the last purchase price to continue buying.

#### Satoshi Rewards

Earn Satoshi points when executing Auto-Buys.

These points can be redeemed to cover off-chain withdrawal fees or for fee-free offers when sending Bitcoin to Custody Safe.

#### Fees

No fee for using SmashFi itself, 0.02% transaction fee charged to Binance per transaction

#### Condition of use

* SmashFi account signup and USDT deposit required.

#### Purchase and utilization

Purchased BTC can be held on the platform, invested in SmashFi's Shark fund, or withdrawn to an SmashFi custody wallet

####


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