How to set up a Recurring Buy on Coinhouse (DCA)

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Bank withdrawal DCA allows investors to make automatic recurring purchases on a crypto asset of their choice.

How to set up Recurring Buy?

To set up Recurring Buy, simply activate it during your purchase: 

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  1.  
    1. Click on "Buy"
    2. Specify the crypto asset on which you want to set up the recurring withdrawal. 
    3. Activate the option: "Recurring Buy"
    4. Finally, choose the frequency for your investments. 

You can always check your Recurring Buys set up from your "Portfolio" tab: 

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Modify your recurring buy

Modifying your Recurring Buy is coming soon! If you want to change it, you must first cancel it and create a new one.

Note that it is currently not possible to set up more than one Recurring Buy on the same crypto asset. 

What is the purpose of Recurring Buy? 

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 market volatility.

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

To summarize, the recurring transfer:

  • Is less risky.
  • Requires much less time daily and knowledge.
  • Provides very good results in the medium and long term.

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

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