Independent Reserve has a feature called Recurring Buy that enables dollar-cost averaging.
To enable dollar-cost averaging, select a cryptocurrency, the amount you want to invest and your preferred frequency to automatically buy crypto each time you deposit money.
Paired with a scheduled bank transfer, it allows you to regularly buy crypto (daily, weekly, monthly, etc) without lifting a finger.
How Recurring Buy benefits you
Regularly purchasing crypto allows you to dollar-cost average (DCA) your Bitcoin and other crypto purchases.
The advantages of dollar cost averaging your crypto purchases:
- Reduces timing risk by removing the need to predict market entry points
- Smooths out volatility by averaging purchase prices over time
- Encourages disciplined investing through automatic execution
- Lets you start with any budget and gradually increase your investment as you grow
If you would like to see what would have happened if you started DCA earlier, check out https://dcabt.com.
Set up dollar cost averaging in 3 simple steps:
- Select your preferred cryptocurrency
- Select how often to invest – daily, weekly, fortnightly, monthly or on the last day of the month.
- Review details and place your order. This will run automatically as long as your account has sufficient funds.
In just a few minutes, you will have created an automated order to dollar cost average into your selected cryptocurrency.
From there, you will then be able to view your automated buys on your dashboard.
Register with Independent Reserve today, to start dollar cost averaging your crypto purchases.
