What is spot recurring buy? – A "lazy investor" strategy that even newbies can understand

Recurring buy means using automated tools to regularly purchase cryptocurrency in the spot market (not futures). For example, you can set to buy BTC worth 100 USDT every week, regardless of the current price.With this method, there's no need to worry about “buying at the lowest point.” Like forced saving, it averages your position cost by spreading out purchases, making it ideal for beginners who struggle with timing or chasing market trends. This strategy suits long-term holders and helps beginners accumulate assets in a volatile market. Put simply, it's like a fixed deposit at a bank, but invested in cryptocurrency. For more information, visit >>https://bingx.com/support/articles/14378719693583

Event Details

1. Recurring Buy Contest: Share a 50,000 USDT Prize Pool by Ranking

During the event, set up a recurring buy plan and complete the scheduled purchases. Rankings will be based on the cumulative investment. The top 200 users will share a 50,000 USDT prize pool. Prize Distribution:

Ranking	Prize Pool Share	Prize Pool Amount
1 - 3	50%	25,000
4-20	25%	12,500
21 - 50	15%	7,500
51 - 200	10%	5,000
Total	100%	50,000

2. New User Rewards: Get a 50 USDT Futures Bonus for Your First Spot Trade

During the event, users who complete their first spot trade and rank in the top 50 by total recurring investment will receive an extra 50 USDT futures bonus.

3. Event Rules

1. Reward Distribution: All rewards will be distributed within 7 business days after the event ends.

2. The trading leaderboard updates every Tuesday and Friday. Due to possible data delays, rankings are for reference only and subject to final statistics.

3. Trading Requirements: Spot recurring buy supports purchases starting at 1 USDT. Only spot pairs traded at market prices are eligible (USDT and USDC pairs) and must not be labeled with an ST tag.

4. Qualification: KYC verification is required to join the recurring buy. Users who have not completed KYC are not eligible for rewards.

5. To maintain good standing in the market and ensure high compliance, our services are not available to residents of the following countries or regions: Afghanistan, Burundi, Central African Republic, Congo, Cuba, North Korea, Myanmar, Somalia, Crimea, Donetsk & Luhansk, Laos, United States, Mainland China, Hong Kong SAR, Macau SAR, Singapore, Netherlands, United Kingdom, Canada.

6. New user exclusive benefits are only available to residents of the following countries/regions: Cyprus, New Zealand, Vanuatu, South Korea, Paraguay, Guadeloupe, Palau, UAE, Germany, Mexico, Spain, Taiwan, Norway, Portugal, Bolivia, El Salvador, Uruguay, Belgium, Hungary, Chile, Australia, Colombia, Ecuador, Finland, Malaysia, Kyrgyzstan, Moldova, Latvia, Argentina, Austria, Estonia, Romania, Japan, Serbia, Belarus, Bosnia & Herzegovina, Turkey, Ireland, Greece, Israel, Bahrain, Poland, Slovakia, Palestine, France, Russia, Dominican Republic, Bulgaria, Honduras, Kazakhstan, Vietnam, Lithuania, Italy, Brazil, Croatia, Syria, Ukraine, Sweden, Switzerland, Luxembourg, Mauritius, Turkmenistan, Thailand, India. Users from other countries or regions are not eligible for this benefit.

7. If you join multiple events on the platform, rewards will not be duplicated. You will receive the highest reward only.

8. BingX reserves the right to the final interpretation of the event. Cheating and volume manipulation are strictly prohibited. Any violations will result in disqualification.