How to automate recurring buys on your exchange
Most large US platforms let you schedule a recurring buy, so the purchase happens without you logging in. The steps are similar everywhere:
- Pick a platform that offers recurring buys. Choose a regulated exchange or app that lists a recurring-buy or auto-invest feature for the coin you want, and read its fee page.
- Verify your account and link a payment method. Recurring buys usually need a verified account and a bank account (ACH) or debit card; check which payment methods are eligible and what each costs.
- Choose the coin, amount and frequency. Open the buy screen, switch from one-time to recurring, then enter the amount and pick daily, weekly, every two weeks or monthly.
- Review fees before confirming. Look at the total cost of each buy, including spread and any flat fee. Small, frequent buys can cost a much higher percentage.
- Confirm and note how to pause or cancel. Confirm the schedule, then find where the platform lists recurring orders so you can pause, edit or cancel them later.
- Move long-term holdings to storage you control (optional). If you plan to hold for years, consider periodically withdrawing to a wallet you control, weighing the withdrawal fee against exchange risk.
Platforms with a recurring-buy feature (US)
| Platform | Schedules offered | Notes |
|---|---|---|
| Coinbase | Daily, weekly, monthly | The first buy runs immediately when you create the schedule. To change amount or frequency you cancel and recreate it. Not every payment method is eligible. |
| Kraken | Daily, weekly, every 2 weeks, monthly | Available in the Kraken app and website for verified accounts, not on Kraken Pro. Orders can be edited or paused. |
| Gemini | Daily, weekly, twice monthly, monthly | Set from the Market page on web or app. Not available on the ActiveTrader interface. |
| Robinhood | Daily, weekly, every 2 weeks, monthly | Recurring crypto investments from $1. Robinhood Crypto does not charge a commission, but prices include a spread. |
| Cash App | Daily, weekly, every 2 weeks | Auto Invest is bitcoin-only. Cash App says Auto Invest buys have no fee and no spread; check its fee page for current terms. |
Checked against each platform’s help pages on:
Listing is not an endorsement, and availability varies by state. Features and fees change; confirm on the platform before you set up a schedule. Compare platforms on our exchange comparison.
What DCA does and doesn’t do
DCA spreads your purchases over time, so one bad entry price matters less and you are not tempted to time the market. It does not make a falling asset profitable: if the price ends lower than your average cost, you lose money. It also tends to underperform investing a lump sum all at once in markets that mostly rise — the trade-off is lower regret and a habit that is easier to keep.
Want to see how DCA actually performed?