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What Is Recurring Buy and Frequently Asked Questions

2021-09-01 05:59
video tutorial

What is Recurring Buy?

Recurring Buy allows users to automate the buying of crypto. It is a dollar-cost averaging (DCA) investment strategy which allows users to choose the cryptocurrency they want to purchase, the amount they want to buy, and how often they would like to buy.
With Recurring Buy, users can save the hassle of making purchases manually over time by setting automatic cryptocurrency purchases.

How to use Recurring Buy?

Please refer to How to Use Recurring Buy for more information.

Types of Recurring Buy

Frequency

Plan Sign up Date

Selected Date of Purchase

First Purchase

Subsequent Recurring Purchases

WeeklyMondayTuesdayTuesday of the current weekSelected day of the week
TuesdayMondayMonday of the subsequent week
Bi-weeklyMondayTuesdayTuesday of the current weekSelected day of the week every 2 weeks
TuesdayMondayMonday 2 weeks later
MonthlyMonday (e.g. 20th)Tuesday (e.g. 21st)21st of the current monthSelected date (e.g. 20th) of every month
Tuesday (e.g. 21st)Monday (e.g. 20th)20th of the subsequent month

Frequently Asked Questions

We currently accept Credit/Debit Card payments for Recurring Buy. Only VISA and MasterCard Credit/Debit cards are supported.
You might be charged a transaction fee when you purchase cryptocurrencies via Credit/Debit Card on Binance. Please contact your card issuer for more details.
Please refer to How to Use Recurring Buy for more information.
Please refer to How to Use Recurring Buy for more information.
You can save up to 5 Credit/Debit Cards for Recurring Buy. Only VISA and MasterCard Credit/Debit cards are supported.
Please note that if the Credit/Debit card you want to remove is linked to any of your existing Recurring Buy plans, you will be prompted to cancel the plan first before you can remove the card.
If your purchase failed, you can choose to [Accept New Quotation] based on the new quotation shown on the page, or click [Cancel Payment] to cancel the order.