How to set up a recurring Bitcoin purchase with Debit/Credit Card

1 min read by Ryan
published 1 year ago

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Recurring purchases are the easy way to Dollar Cost Average (DCA) into Bitcoin. Debit/Credit card is our easiest, and most secure method of setting up a recurring Bitcoin purchase.

Is this payment method right for you?

Transaction fee: 1.8%, or 1.2% for volume over $2,000

Advantages

  • Easy, secure, in-app setup with 3DS card verification
  • Transactions process instantly
  • Set up takes a couple of minutes

Considerations

  • BTC Purchased via Debit/Credit card cannot be withdrawn to an external wallet for 45 days
  • Maximum $10k limit per transaction
  • Banks may enforce their own restrictions and purchase limits*

*Some banks will block transactions from Amber, and banks may process our transactions as a cash advance.

Recurring purchase setup instructions

Step 1 – Link a debit/credit card

  1. Head over to the settings page and tap ‘linked accounts’
  2. Under Credit Card, tap ‘Add a new credit/debit card’
  3. Enter your card details
  4. Complete 3DS verification

Step 2 – Set up recurring purchase

  1. Tap ‘buy’ on the dashboard
  2. Select your recently linked Credit/Debit card
  3. Select ‘recurring’ purchase type
  4. Enter your recurring purchase amount
  5. Select your recurring purchase frequency
  6. Review the recurring purchase and swipe to confirm

Check out our other payment methods for dollar-cost averaging

EFT

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Disclaimer: Amber is not a financial adviser. You should consider seeking independent legal, financial, taxation or other advice to check how information on our website, in emails we send or in our app, relates to your unique circumstances. Amber is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of our website, our emails or our app.

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