# Purpose, Key Features & Benefits
## Purpose
Fyda is designed for users to develop and automate trading strategies, specifically tailored to navigate changing market conditions and match market cycles effectively.\
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The goal is to equip users with the tools and insights they need to maximize profits, to protect their investments and to make informed decisions while allocating their capital.
## Key Features & Benefits
* **Trade Automation**: Fyda simplifies the trading process with automated buy, sell, and floor parameters using dynamic and limit orders. Implementing recurring strategies within specified ranges ensures a more efficient automation process.
* **Advanced Order Types**: Fyda provides single configuration buying and selling options, including strategies like Dollar-Cost Averaging, Buy the Dip/Recovery, Sell the Rally, Trailing Stop-loss, TWAP orders, and others, to improve execution.
* **Non-Custody**: Fyda leverages smart contracts to enhance the overall security framework, providing an added layer of protection to user assets and ensuring the integrity of transactions.
* **Simulation**: Simulation allows users to test strategies using historical and live market data, enabling risk-free evaluation and optimization before actual implementation.\
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