How do I set up a recurring purchase?
Recurring purchases are a way to buy bitcoin in set amounts at regular intervals. This is sometimes referred to as dollar-cost-averaging (DCA) and is often viewed as a preferable way to get into bitcoin, as it can help mitigate price volatility.
To set a recurring bitcoin purchase, ensure you have sufficient cash in your cash balance, then visit your Bitcoin screen and follow these steps:
Your bitcoin purchase will be executed immediately and a recurring purchase will be established according to your set frequency. For example, a €10 weekly recurring purchase started at 11 am on Monday will repeat every Monday at approximately 11 am, provided there is sufficient cash to make the purchases.
Bitcoin trading fees apply when buying bitcoin, but with recurring purchases, fees are waived after the first week for hourly and daily purchases, and starting with the 2nd purchase for weekly and monthly purchases.
Please note, the following limits apply to recurring purchases: