Did you know Bitaroo offers you two ways to buy bitcoin on a recurring basis?
'Dollar Cost Averaging' (DCA), allows you to set up regular, ongoing bitcoin purchases to help negate short-term market volatility.

You have two options when setting up your recurring buy:

Option #1: Express Auto Buy

1. Head to 'Account --> Deposit'
2. Next to 'AUD Deposit Details', toggle 'Auto Buy' to ON
3. Copy the PayID email or the BSB/Account details that appear on-screen (using the reference name is 100% optional)
4. On your bank's online banking platform, set recurring paymentsd from your bank account to the PayID email or the BSB/Account details you copied from the previous step.

And that's it!
Now every time your bank drops money to Bitaroo you'll be auto buying yourself some bitcoin!

Option #2: Trade DCA

1. Head to the 'Trade' page
2. On the Order Form, change Type from 'Limit' to 'Recurring Buy (DCA)'
3. Enter an amount in AUD
4. Select your purchase frequency (daily, weekly, fortnightly, monthly)
5. Hit 'Buy BTC’

And that's it!
Your DCA will buy the first buy instantly and will continue buying at the frequency set.

Express Auto Buy or Trade DCA? Pros and Cons

Express Auto Buy:
+ The most user-friendly, straightforward way to buy bitcoin
- Slightly more expensive than Trade DCA

Trade DCA:
+ Cheapest way to DCA
- A few more steps, less user friendly

Got questions? Check our FAQs or Contact Support.