How to set up a recurring Bitcoin purchase with EFT

1 min read by Ryan
published 2 years ago


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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


  • 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  • BTC purchased via EFT can be withdrawn to an external wallet instantly


  • 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

  1. Tap ‘Buy’ on the dashboard, ‘once’, and select ‘Electronic Funds Transfer’
  2. Ensure you have selected the ‘Buy Bitcoin’ option
  3. In your preferred bank account, input the account name and your unique BSB Number, and Account Number
  4. Set up a recurring payment using the supplied details
  5. Once the payment reaches our account, Bitcoin will immediately be purchased and allocated to your account*

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Disclaimer: Amber App 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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