Recurring Buy is an excellent way to automate the purchase of crypto for users who want a hassle-free investment strategy. With dollar-cost averaging (DCA), you can invest smaller equal amounts over a specific length of time, rather than a lump sum investment to average your investment price with Recurring Buy effortlessly. For more details, please refer to Introduction to Recurring Buy.
Here’s a step-by-step guide to making purchases with Recurring Buy on Bybit.
Step 1: Log in to your Bybit account and click on Buy Crypto on the navigation bar of the Bybit website, then select One-Click Buy.
Step 2: Click on Recurring Buy on the menu bar or locate it beneath the Buy With Fiat button on the One-Click Buy page.
Alternatively, go to Spot Trading page → Tools and click on Recurring Buy.
Step 3: To create your Recurring Buy plan, please follow the steps below.
- Choose the fiat currency or cryptocurrency that you would like to pay, and select the coin that you want to purchase.
- Enter the amount of fiat currency or cryptocurrency you would like to purchase with.
- Set the frequency by choosing either Daily, Weekly, Bi-Weekly or Monthly intervals. You can also select the date and time for your Recurring Buy plan.
Please note the following details in order to comply with the countries’ remediation:
- Russian and Belarus users are only able to purchase Recurring Buy plans in RUB.
- Dutch users can only use the four (4) pairs: EUR/USDT, EUR/USDC, EUR/ETH and EUR/BTC to purchase Recurring Buy plans.
Step 4: Make sure all plan details are correct and tick I have read and agree to Bybit's Terms of Service and Privacy Policy, then click on Confirm.
Step 5: Congratulations. Your Recurring Buy plan has been successfully created. Your Recurring Buy plan will be processed automatically according to the parameters you set. Please note that an automated email will be sent to your registered email address on Bybit.
To view the details of your Recurring Buy plan, you can click on View Details to learn more.