How does it work?
Simplify your crypto investing by setting up Recurring Buys on the App to automatically accumulate your favourite cryptocurrencies weekly, bi-weekly, or monthly.
Regularly buying using a fixed budget, regardless of the current price, is called dollar-cost averaging (DCA). It is an investment strategy that many investors favor to reduce the risk associated with attempting to time the market.
Buying regularly using a fixed budget so you get more when prices are low and less when they are high, making your overall purchase cost averaged out over time. This strategy helps you minimize the impact of market fluctuations and gradually build a stable crypto portfolio.
Supported cryptocurrencies | Accepted payment - Cryptocurrency | Accepted payment - Fiat currency |
BTC, ETH, CRO, LINK, BAND, VET, ADA, XRP, YFI, AAVE, UNI, DOT, XLM, LTC, DOGE, ENJ, COMP, MANA, KSM, ALGO, ZIL, PAXG, MKR, MATIC, SOL, CHZ, SHIB, HNT, CRV, BAL, SUSHI, DYDX, AVAX, NEAR, AURORA, ATOM, FTM, KNC, SNX, VVS, TONIC, DAR, AXS, AR, FIL, ELON, SAND, EFI, APE, LDO, CVX, JOE, QI, CAKE, XVS, ALICE, GALA, ILV, STORJ, GLMR, MOVR, 1INCH, ACA, BNT, LOKA, YGG, GAL, OP, IMX, FLOW, PERP, MC, ENS, BOBA METIS, LRC, AIOZ, ICP, HBAR, KLAY, ZRX, GNO, GRT, NEO, ROSE, HOT, KDA, ONE, IOTX, CHR, APT, RPL, STG, HFT, ANT, FLR, FIS, LIT, CANTO, LADYS, ERN, MAGIC, GNS, RDNT, AXL, SUI, RONIN, FLOKI, ORDI, SYN, PEPE, PENDLE, GRAIL, PSTAKE, ACS, STPT, USDC, USDT,PYUSD, ACH, AGLD, AKT, ALCX, ALI, API3, AGIX, ARPA, ASTR, BAT, BCH, BLUR, BONE, BRICK, COTI, CTSI, EGLD, EOS, ETC, FET, FITFI, FXS, GEL, GMX, GTC, HIGH, ICX, INJ, IOST, JASMY, KAVA, LBR, LMWR, LPT, LQTY, MOON, NKN, NMR, OCEAN, OGN, OSMO, OXT, PLA, POWR, QNT, QTUM, RAD, REEF, RNDR, RUNE, RVN, SC, SD, SKL, STX, THETA, TRB, UMA, UNFI, UNIBOT, VRA, VNO, WAVES, WLD, XNO, XTZ, ZBC, ARB, GEKKO, JUNO | USDT, USDP, USDC | USD, EUR, GBP, AUD, CAD, BRL, TRY, ARS |
Payment methods:
You can set up recurring crypto purchases using a credit card, crypto wallet and fiat wallet in the Crypto.com App. Payment methods may vary depending on your region.
Maximum number of recurring purchases per month:
100 per user
Purchase frequency:
Daily
set as everyday
Weekly
set as the day of the week
Bi-weekly
set as the day of the week
Monthly
set as:
- First day of each month
- Last day of each month
- The specific day of each month
Minimum trading limit:
$15 USD worth of crypto
Credit card purchase monthly limit
Lockup level | Monthly limit |
Midnight Blue or below | 1000 USD |
Ruby Steel | 2000 USD |
Jade Green/Royal Indigo | 5000 USD |
Icy White/Rose Gold | 20 000 USD |
Obsidian | 40 000 USD |
When will the credit card purchase monthly limit be reset?
The monthly limit will be reset at the end of the first day of each month.
When will the scheduled purchase be executed?
A pending transaction will be created at the time of scheduling and the scheduled purchase will be executed by the end of the day in the user's local time.
Can I set the exact amount of crypto that I want to purchase?
You can only set the amount of the scheduled purchase in USD equivalent. The amount of crypto you’ll receive will be based on the rate at the time the scheduled purchase is executed.
How to cancel a recurring purchase?
Click on the Menu on the Home page, then on "Recurring Buy", afterward, on "Schedule Details" and then on "Cancel Schedule". Once the steps are completed, confirm the cancellation.
First scheduled purchase is on the same day of creation
If your first purchase is on the date of creation then it will be charged immediately and it can not be canceled.
First scheduled purchase is within 7 days of creation
Your first purchase can only be canceled within 7 days from the schedule creation date.
Example:
I set up my first weekly purchase on Monday, schedule is set to purchase on Saturday of every week, it will be charged on Saturday and I can only cancel the first purchase before Saturday.
First scheduled purchase is more than 7 days from creation
If your first purchase is set to date more than 7 days from the schedule creation date, it will be charged on the 8th day from the creation date and it can only be canceled before the 8th day.
Example:
I set up my first monthly purchase on 1 July, the schedule is set to purchase on the last day of every month, to be executed on 31 July, my credit card will be charged on 8 July and I can only cancel the first purchase within 1- 8 July.
Subsequent purchases
For subsequent purchases, the payment will be charged on the scheduled date and you can cancel anytime before the execution date.
How is the maximum number of recurring purchases per month calculated?
Given the weekly occurrence could be different in each month, to ensure each weekly/bi-weekly purchase happens every time under the monthly limit, we assume the weekly occurrence of each month is 5 when determining the usage of weekly purchase.
When creating a weekly recurring purchase, the purchase amount has to be less or equal than the remaining monthly purchase limit / 5 occurrences
When creating a bi-weekly recurring purchase, the purchase amount has to be less or equal than the remaining monthly purchase limit / 3 occurrences
When creating a monthly recurring purchase, the purchase amount has to be less or equal to the remaining monthly purchase limit
Let’s assume the following:
For a 25000 CRO lockup user, the monthly purchase limit is $5000 USD
Example A - Create a recurring purchase of BTC with $100 USD on a weekly basis
Max weekly purchase limit: $5000 / 5 = $1000
Monthly purchase limit remaining after creation of purchase: $5000 - ( $100 x 5 ) = $4500
Example B - Create a recurring purchase of ETH with $200 USD every two weeks
Given you have created a weekly recurring purchase of BTC with $100 USD, the monthly limit remaining will be $4500
Max bi-weekly purchase limit remaining: $4500 / 3 = $1500
Monthly purchase limit remaining after creation of purchase: $4500 - ( $200 x 3 ) = $3900
Example C - Create a recurring purchase of CRO with $1400 USD every month
Given you have created two recurring purchases, the monthly limit remaining will be $3900
Monthly purchase limit remaining: $3900
Monthly purchase limit remaining after creation of purchase: $3900 - $1400 = $2500
Example D - Cancelled all scheduled purchases before next purchase
Monthly purchase limit remaining after cancellation: $2500 + total amount of scheduled recurring purchase = $2500 + $2500 = $5000
Example E - Cancelled all scheduled purchases after first purchase happened
Monthly purchase limit remaining after cancellation: $5000 - total amount of successful purchase of that month = $5500 - ( $100 + 200 + $1400 ) = $3800