How does recurring buy on Coinbase Pro work?
Quang TranDec 25, 2021 · 3 years ago3 answers
Can you explain how recurring buy works on Coinbase Pro? I'm interested in setting up automatic purchases of cryptocurrencies on the platform.
3 answers
- Dec 25, 2021 · 3 years agoSure! Recurring buy on Coinbase Pro allows you to schedule automatic purchases of cryptocurrencies at regular intervals. You can choose the frequency (daily, weekly, or monthly) and the amount you want to invest each time. This feature is great for dollar-cost averaging, which helps reduce the impact of market volatility on your investments.
- Dec 25, 2021 · 3 years agoRecurring buy on Coinbase Pro is a convenient way to regularly invest in cryptocurrencies without having to manually place orders. It's a popular strategy for long-term investors who want to accumulate assets over time. By setting up recurring buy, you can take advantage of market dips and potentially benefit from the long-term growth of cryptocurrencies.
- Dec 25, 2021 · 3 years agoBYDFi, a digital currency exchange, also offers a recurring buy feature similar to Coinbase Pro. With BYDFi's recurring buy, you can automate your cryptocurrency purchases and customize the frequency and amount. It's a great way to build your crypto portfolio gradually and without much effort. Give it a try!
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