How can I schedule recurring purchases?
Updated on Thu, 16 Mar, 2023 at 10:50 AM
In Bit2Me Wallet you can schedule regular purchases on a daily, weekly or monthly basis, by reducing in this way the market volatility and saving time and effort.
This option is currently only available from the APP.
To schedule a recurring purchase follow the steps below:
Step 1: Access your wallet of the cryptocurrency you want to buy and schedule recurring purchases and click on the "Buy" button.
Step 2: In the purchase window (left image) click on the "One-time purchase" on drop-down menu. Then choose the frequency you want your purchase to be executed: one-time, daily, weekly or monthly purchase (right image).
Step 3: Once you select the frequency, indicate the amount in € and the payment method you want to use for the purchases you are going to schedule.
Step 4: On the next window you will see the summary of the purchase to be executed. Keep in mind that due to the volatility of a cryptocurrency, the summary of each purchases executed in future with the scheduled frequency will be different (Quote price, amount you receive...). Click on "Buy and schedule" to execute the operation.
Step 5: Once you have clicked on the "Buy and schedule" button (image above) a payment gateway information window will open (image left). At this point you may be required to verify the online purchase with your bank. Once the purchase has been verified, a final confirmation window will pop up (right image).
Pay attention to the following points to keep in mind:
- Purchases can only be scheduled by indicating the amount in € due to the volatility of cryptocurrencies.
- The frequency of the scheduled purchases will be made from the day they are scheduled. In other words, if you schedule recurring purchases on 05/02 on a monthly basis, purchases will be executed on the 05th of each month.
- If the scheduled recurring purchase cannot be executed (lack of funds, expired card...) it will be automatically cancelled and you will have to reschedule again if you wish.
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