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How To Set Up A Crypto Recurring Buy On OKX
Set up a recurring order on Kraken to automatically buy crypto on a daily, weekly, biweekly or monthly schedule. Recurring Order. Recurring buys, sometimes called auto-buy, is just a plain English term for dollar cost averaging. For instance, to build a position in Bitcoin. A Recurring Buy plan is a convenient tool that helps you automate your cryptocurrency investments, expanding your portfolio effortlessly. It's a way of dollar-.

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Think of DCA as a risk reduction strategy that insures against an imperfect timed entry. Breaking the amount down to bite-sized weekly recurring buys, you would have seen an even larger gain. Not all exchanges offer recurring purchases or even automatic deposits. The fees you will pay for dollar-cost-averaging are the same you would pay if you were normally purchasing assets on the exchange.