DCA allows you to set up a recurring purchase of a token. You can set the amount, frequency and duration of the purchase. This is a fantastic, automated and decentralized method of making recurring cryptocurrency investments!
DCA works with an approval system, each time you swap tokens or use ERC-20 tokens in a smart contract you need to approve the contract to use your tokens. This is a security feature of the ERC-20 tokens. Once you have approved the contract, you can create a position and the contract will be able to pull out funds from your wallet to execute the swap with the approval that you will give. You can manage all your approvals at any time on the DCA section of the app.
Every DCA position is linked with a unique smart contract that will only be used to pull out funds for the position. Then, as part of the same transaction, this contract will swap and deliver tokens directly to your wallet. This reduces the possibility of an exploit and allows you to separately manage each position while ensuring that your tokens remain decentralized!
Connect your wallet to see your DCA positions
Version 7cd00170a03e8c467abb5eda4fe00bab1e627dc8
All paid promotions on SpiritSwap and SilverSwap are operated independently of SpiritSwap and SilverSwap and thus SpiritSwap and SilverSwap are not liable to any gains, losses, or loss of funds and/or access to funds when purchasing, swapping, sending, trading, or otherwise interacting with at any level the products advertised in the paid promotions. Never invest, purchase, or trade more assets/products than your are comfortable losing. Use SpiritSwap and SilverSwap tools to responsibly purchase and swap products including our paid promotion products at YOUR OWN RISK. By trading any promoted product you are hereby assuming all financial risk and liability by doing so heretofore.