We’re excited to announce Recurring Buy, a new feature that lets you automatically buy Bitcoin at an amount and frequency you choose.
Buying Bitcoin this way is part of a popular strategy called dollar-cost averaging (DCA).
What is dollar-cost averaging (DCA)?
In dollar-cost averaging, you buy smaller amounts of Bitcoin (or anything) at regular intervals — say, weekly or monthly — regardless of the price.
By consistently investing smaller amounts (e.g., $10 every week), dollar-cost averaging allows you to buy more Bitcoin when prices are low but less when prices are high, effectively averaging the cost over time.
By doing this, you’re less likely to overpay during a sudden price surge and remove the time and emotion involved in trying to predict the best time to buy.
Learn more in our dollar-cost averaging guide.
What is the difference between DCA and Recurring Buy?
Dollar-cost averaging (DCA) is the plan: regularly investing small amounts. Recurring Buy lets you automate your DCA plan.
Choose a dollar amount and schedule (e.g. $5 of Bitcoin weekly), and your crypto is purchased without you lifting a finger.
Why use Recurring Buy?
Recurring Buy is one of the easiest ways to buy Bitcoin.
You don’t need to think about:
- Manually making every trade.
- Using key indicators to try to pick the best time to buy.
- Keeping up to date with all the latest crypto news.
Instead, all you need to decide is:
- The crypto you want to buy.
- The amount you want to invest (e.g. $50).
- The frequency (weekly, fortnightly, or monthly).
- Your preferred payment method (e.g., credit/debit card, EFT and PayID bank transfer, or PayPal).
Just set and forget. We’ll take care of the rest.
How to get started with Recurring Buy
Log in to your account
If you’re new, you’ll need to create an account and verify your identity. It only takes a few minutes.
Create a recurring buy
1. Select the crypto you want to buy and the amount you want to spend.
Set the frequency
2. Set how often you want to buy. Here we’ve selected Ethereum for $50 a month.
Review your recurring buy
3. Review your order. If you are happy with your chosen recurring buy, click confirm recurring buy, and you’re good to go!
Create multiple recurring buy orders
You can create multiple recurring buy orders in a range of different amounts and times across several cryptocurrencies at a time.
Ready to get started?
