How does Recurring Buy work?

About Recurring Buy

Recurring Buy is a feature on Independent Reserve that allows you to create automated trading strategies to buy and sell crypto.

How to use Recurring Buy

Get started with Recurring Buy in three easy steps:

• Select a crypto to buy: for example, Bitcoin (BTC), and the amount you want to invest regularly (e.g., $50).

• Set the frequency: invest on a schedule that works for you - daily, weekly, fortnightly, monthly or on the last day of the month.

• Execute your recurring buy: Review details and place your order. This will run automatically as long as your account has sufficient funds.

FAQs

Do Recurring Buy orders expire?

No. The order will exist in perpetuity until disabled or deleted by you.

Do I have to pay a fee for using Recurring Buy?

Standard brokerage fees apply to any trades made, but other than that, Recurring Buy strategies are free to use.

What happens if I don’t have enough funds to execute my recurring order?

If you don’t have enough funds, we’ll use your remaining available balance. If your fund balance is zero, the order won’t go through. You’ll see it marked as “Triggered but not actioned” under the order history. Top up before the next cycle, and your future scheduled orders will go through as usual.

Which are the most commonly invested coins?

The most popular coins are Bitcoin (BTC) and Ethereum (ETH). You can access the full list of coins here.