What is a repeat buy schedule?

Modified on Thu, Sep 14, 2023 at 8:23 PM

A repeat buy schedule, also know as a recurring buy schedule, is a way to automatically purchase a certain amount of crypto currency at a specified interval. For example, you can create a schedule to buy $20 worth of Bitcoin every week.

The minimum purchase amount is $10 and currently you can choose between daily, weekly, bi-weekly and monthly interval options.You can pause and delete any schedules you add, at any time.

The crypto currency you can buy will depend on what exchange you select. Between the 3 supported exchanges, you can invest in over 300 crypto currencies. You must be on a paid plan (Minimalist or Buddha) to purchase any cryptos. The free account only allows you to buy Bitcoin, Ethereum, Litecoin and Zcash.

Lastly, in order to make sure your repeat buy schedule will stay active, make sure you always have enough USD funds on the selected exchange. Depositing USD funds is made simple on every exchange and you can top up any time. If for example, you have a schedule to buy $20 worth of Bitcoin every week, you should have at least $80 on the exchange so it can run for 4 weeks. Then top up as needed.

If you have an insufficient USD balance when we try to purchase cryptos on your behalf, the order will simply fail and your schedule will be paused. You'll get an email letting you know it's time to top up. We also have a button on the Connected exchanges page, that will take you directly to the page where you can add more funds.

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