Bake, the premier gateway to decentralized finance (DeFi) tools and apps, introduces Recurring Buys to its mobile interface. This innovative feature aids users in embracing dollar-cost averaging (DCA), allowing for periodic automated token purchases.

DCA is a trusted strategy employed by savvy investors to mitigate price fluctuations, sidestep emotion-driven purchases, and simplify the nuances of market timing. With DCA, there’s no need for investors to forecast market shifts. Instead, they can steadily distribute their capital through scheduled acquisitions. This approach is particularly beneficial in the crypto realm, known for its pronounced volatility.

As of August, users of the Bake mobile app can seamlessly set up monthly recurring investments in their chosen cryptocurrencies via Recurring Buys. An enticing perk includes the chance to earn a monthly bonus of up to 11%. Furthermore, members of the exclusive Bake ELITE club are privy to an extra 1% atop this bonus. The first supported cryptocurrency is DeFiChain (DFI), with a roster of others joining soon.

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Celebrating the debut of Recurring Buys, Bake has kicked off the Baking Hot Summer Giveaway, open until 1 November 2023. Loyal customers can gather tickets, entering them into a grand raffle with a tantalizing $200,000 prize pool, featuring a sparkling new Tesla.

To jump into the fray, users just need to activate a Recurring Buy on Bake’s app. Boosting ticket counts – and odds – is possible through referrals and ELITE membership enrollment. Referrers also pocket commission rewards.

For giveaway specifics and a prize breakdown, head to:

What is Bake?

Bake is a key pillar of Cake Group, a trailblazer in the realm of digital assets. As a holistic platform, Bake grants seamless entry into DeFi services and tools, allowing clientele to flourish with their cryptocurrency investments in a transparent, secure environment.

Bake harmoniously merges the standout features of centralized finance (CeFi) with the allure of DeFi. This fusion ensures top-notch customer service, user-friendliness, transparency, and impeccable traceability, crafting an unmatched CeDeFi journey for its user base.

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