A recurring purchase is an automated investment strategy, also known as DCA (Dollar Cost Averaging). It involves investing a fixed amount at regular intervals (daily, weekly, or monthly), regardless of market fluctuations.
This approach offers several advantages:
- Reduced timing risk: By investing regularly, you average out your entry price over time.
- Protection against volatility: In a downturn, you buy more units; in an upturn, you reduce exposure to high prices.
- Investment discipline: This regularity supports a long-term vision, independent of market variations.
How to activate and configure a recurring purchase for a crypto you already own:
Recurring purchases can be set up directly in the app. Here’s how to activate the feature:
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From the home screen, tap on Crypto.
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Select the crypto asset of your choice.
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Scroll down and select Market Price.
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Tap on Set up a recurring purchase.
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Then choose:
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The purchase currency (EUR or USDC)
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The start date
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The frequency
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Confirm to finalise your recurring plan.
How to activate and configure a recurring purchase for a crypto asset you do not yet own:
Recurring purchases can also be set up for crypto assets you do not currently hold. Here’s how to activate the feature:
- From the home screen, tap on Crypto.
- Tap on Buy +.
- Select the crypto asset of your choice.
- Tap on Set up a recurring purchase.
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Then choose:
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The purchase currency (EUR or USDC)
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The start date
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The frequency
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- Confirm to finalise your recurring plan.
Everything you need to know about recurring purchases:
- Minimum amount:
A minimum amount is required to set up a recurring purchase. This threshold depends on the volatility of the selected cryptoasset and may vary from one cryptoasset to another. If the entered amount is too low, the minimum required will be displayed directly in place of the confirmation button in the app.
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Notifications:
You’ll receive a notification the day before each scheduled purchase with a reminder of the upcoming transaction. A second notification will inform you whether the purchase was successful.
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Missed purchases:
If a scheduled purchase cannot be executed, it will not be retried for that specific date. The plan will automatically resume on the next scheduled date according to your selected frequency.
- Fee discount:
A 10% discount on transaction fees applies to all purchases made through a recurring plan.
- Eligible assets:
This feature is available for all cryptocurrencies listed in our app, except for USDC.
- Cancelling a recurring plan:
You can cancel a recurring purchase plan at any time. To do so, go to the page of the specific plan (where all its details are displayed) and tap Delete.
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