How to setup a recurring transfer (DCA) ?

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Coinhouse offers recurring transfer, which allows users to make an automatic purchase on a recurring basis on a cryptoasset of their choice.

How to set up a recurring transfer?

In order to set up a recurring transfer, start by going to the next page, it should then: 

    1. Fill in your email address.
    2. Specify the cryptocurrency on which you wish to make the recurring transfer . 
    3. You will receive after 48 hours (maximum) on your , the reference that you must include in your recurring transfer so that the purchase is made automatically.
    4. You will then need to set up the recurring transfer from your bank, by entering the reference received by email.
Virement RECUR.gifFor your security, you can only register a maximum of 2 bank cards . However, if you want to remove or add one, you should in this case send a request to support by clicking here👈🏻
What is the recurring transfer used for? 

The recurring transfer is a way to automate the DCA (Dollar Cost Averaging) technique used by investors to smooth their purchase price over the long term, without worrying about the market volatility.

Here is an article by Manuel Valente (our Research Director) which explains this technique in detail.

To sum up, the recurring transfer:

  • Is less risky.
  • Requires much less daily time and knowledge.
  • Allows you to have very good results in the medium and long term.

If you have any further questions, we are at your disposal !

Monday to Friday : from 9:30 to 18:00.

 

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