Principle
Given the Company's development of an automated Dollar Cost Averaging (DCA) feature (Auto DCA) to facilitate customer investment, it is deemed appropriate to revise the digital asset trading rules ("Trading Rules"). This revision aims to align operations with customer needs and provide a clear, consistent framework for using the Company's trading platform. The Company is committed to transparency by disclosing criteria and informing customers before implementation.
The Company invites public comments by conducting a public hearing on the updated Trading Rules. The new auto DCA feature enables customers to pre-set conditions and schedules for placing market buy orders automatically. This functionality enhances convenience by allowing customers to make timely purchases and investments at market prices.
Impact
Enforcement guideline
This enforcement guideline will come into effect only after the Company receives approval for the amendments to the digital asset Trading Rules from the Securities and Exchange Commission. The details will be announced to customers and related parties through the Company’s communication channels accordingly.
Definitions of the related terms mentioned in the public hearing on the updated Trading Rules
Conditions of Auto DCA
Upon the scheduled date, the automated DCA system will execute a market buy order for the specified amount per each buying round. Before placing the order, the system will verify the remaining balance of Thai baht in the customer's wallet; if the balance is insufficient based on the predetermined conditions, the system will skip that particular purchase round without impacting subsequent orders.
Usage of Auto DCA
Customers can access the auto DCA feature through the Auto DCA menu on the website and application of Bitkub Exchange. There are 3 components of the Auto DCA page:
Auto DCA Description
Auto DCA Setup
Auto DCA details and history
To set up the auto DCA, customers must complete setting up the following.
Asset allocation
Percentage of each asset to be purchased each round (The total asset percentage must be 100.)
Frequency and recurring schedule: daily, weekly, and yearly
Order duration
The total amount per order
Customers can check the details and auto DCA history in 3 parts as follows.
Opening Auto DCA: shows active auto DCA.
Auto DCA buy history: shows completed auto DCA buy orders.
Closed Auto DCA: shows canceled and inactive auto DCA.
To cancel auto DCA orders, go to the Auto DCA page, select the Opening Auto DCA menu, and click Cancel. The auto DCA system will immediately terminate order submission, and the status of that particular DCA will change to Closed.
In the case that the auto DCA orders are active until the end of the recurring period, the status of that particular auto DCA will also change to Closed.
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