Recurring purchases are the easy way to Dollar Cost Average (DCA) into Bitcoin. EFT is free for transactions over $100, and a reliable method of setting up a recurring Bitcoin purchase.
Is this payment method right for you?
$0 Transaction fees over $100
$1.10 fee for transactions under $100
Advantages
- No transaction fees over $100 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- BTC purchased via EFT can be withdrawn to an external wallet instantly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 instant if your bank has NPP support. Typically take 2-5 business days without NPP support.
- You must include your unique transaction description, otherwise, the transaction will not be allocated
Recurring purchase setup instructions
- Tap ‘Buy’ on the dashboard, ‘once’, and select ‘Electronic Funds Transfer’
- Ensure you have selected the ‘Buy Bitcoin’ option
- In your preferred bank account, input the account name and your unique BSB Number, and Account Number
- Set up a recurring payment using the supplied details
- Once the payment reaches our account, Bitcoin will immediately be purchased and allocated to your account*
