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 or linked bank account, 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.
Please note, recurring purchases via linked bank accounts must be within your account’s deposit limits and bank’s transfer limits, and can’t be set to hourly at this time.