# DCA
## Introduction
Panora DCA Orders help you invest smarter, consistently.
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Set up recurring token purchases at fixed intervals and let Panora handle the rest — automatically and on-chain. Whether you're entering a volatile market or building a long-term position, DCA smooths out price fluctuations over time and removes the pressure of market timing.
With Panora’s decentralized network of executors, your DCA orders are executed reliably and securely without needing constant supervision. You retain full custody of your assets until each scheduled order is triggered and settled directly on-chain.
You can easily configure the amount, frequency, and duration of your DCA strategy — or cancel through [*Panora’s intuitive interface*](https://app.panora.exchange/dca).
## User Guide
These guides are designed for traders who prefer a hands-off, consistent investment strategy.
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By scheduling recurring token purchases, users can steadily build their position over time—no need to constantly watch the markets. The Panora Interface provides a clean and intuitive dashboard to easily manage, track, and adjust all active and past DCA orders. of all active and historical orders with ease.
Connect Wallet
* To begin, connect your wallet using the **“Connect”** button located at the top-right corner of the interface, or directly through the **“Connect Wallet”** option within the DCA widget.
Create DCA Order
**Step 1: Select token pair**
You can either do this manually using the individual token selection buttons on the dca screen or by searching for your desired token pair using the search field.
**Step 2: Configure your order amount**
Specify the amount you would like to offer by typing in an amount manually into the "Selling” field. Please ensure that your wallet balance is sufficient to cover the order amount.
**Step 3: Configure your price range**
To add custom price range, click on the gear button at the top right section of the dca widget and enable the pricing strategy option
**Step 4: Set DCA Interval**
Choose how frequently you want each purchase to be executed — such as every hour, day, or week. This interval determines the time gap between each recurring order in your DCA strategy.
**Step 5: Specify Number of Orders**
Enter the total number of DCA orders you want to place. Your strategy will automatically stop once this number is reached.
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You can still cancel the strategy manually at any time to stop any remaining unexecuted orders.
**Step 6: Review and confirm your order**
Once you are satisfied with the details of the dca order, click “Create Order” to proceed.
Once the order has been confirmed you should see it appear in the Active Orders screen of the limit interface.
Note: When your order is completely filled it will be moved to the Completed tab of this interface.
Cancel a DCA Order
**Fees:** Currently, 1% fees are levied for DCA orders on the Panora interface.
