Coincheck, a Japan bitcoin and crypto exchange, today announced the addition of a new daily funded BTC savings plan. Coincheck launched its savings service platform in November 2019 to allow users to automatically deposit Japanese yen once a month to purchase BTC.
Due to customer requests, in addition to the monthly purchase option; users will be able to deposit yen and purchase BTC on a daily framework. The daily funded option can help in the long-term avoid rapid fluctuations in the market.
The daily plan allows users to specify the total amount of money to be saved per month in advance, and to automatically save the amount of money divided by the number of days in the month. Compared to savings once a month; a daily option is less susceptible to big fluctuations in market prices.