Binance is excited to announce the launch of Recurring Buy, a brand new feature that allows users to easily buy a fixed amount of cryptocurrencies over time at set intervals. Binance Recurring Buy is live on both Binance Website and App (iOS 2.34.0 and Android 2.34.0).
With recurring buys, Binance users can:
- Dollar cost average their cryptocurrency portfolio by making scheduled cryptocurrencies purchases via VISA/MasterCard (currently, we only support VISA/Mastercard payment method).
- Automate their BTC and favourite cryptocurrencies purchases on a daily, weekly, bi-weekly or monthly basis.
- Modify, pause and cancel their recurring buy plans easily.
Note: These features are made available on Binance through the services of third-party partners that Binance works with from time-to-time and are not provided by Binance directly. It is important to note that the transactions are local and that there is no foreign remittance of money. Please refer to our FAQ for further information.
Risk Warning: Trading cryptocurrencies involves significant risk and can result in the loss of your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Before trading, please take into consideration your level of experience, purchase objectives, and seek independent financial advice if necessary. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on the legal requirements in your country of residence.
Disclaimer: Binance does not provide tax or financial advice. Depending on the country's tax framework, when you trade commodities and the event produces capital gains (or losses), you may have to pay taxes. The regulatory framework for the taxation of cryptocurrencies differs from country to country, hence we strongly advise you to contact your personal tax advisor for further information about your personal tax circumstances. It is your personal responsibility to select the correct tax jurisdiction that applies to you.
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.