
Recurring purchases are the easy way to Dollar Cost Average (DCA) into Bitcoin. EFT is a free, and reliable method of setting up a recurring Bitcoin purchase.
Is this payment method right for you?
No transaction fees.
Advantages
- No transaction fees mean you can get the most out of your dollar
- BTC will be purchased as soon as the funds land in our account
- BTC purchased via EFT can be withdrawn to an external wallet instantly
Considerations
- Transactions are processed by banks, so will be subject to bank processing times, typically 2-5 business days
- You must include your unique transaction description, otherwise, the transaction will not be allocated
Recurring purchase setup instructions
- Tap ‘Buy’ on the dashboard, and select ‘Electronic Funds Transfer’
- Ensure you have selected the ‘Buy Bitcoin’ option
- In your preferred bank account, input the Account Name, BSB Number, and Account Number
- Set up a recurring payment using the supplied details, and ensure you have included your unique transaction description
- Once the payment reaches our account, Bitcoin will immediately be purchased and allocated to your account*
