Mercuryo's Recurring Payments feature makes it simple to implement a DCA strategy, helping you build your crypto portfolio with discipline and less stress.
Dollar-Cost Averaging involves investing a fixed amount of money into an asset, like Bitcoin or Ethereum, at regular intervals, regardless of the price. This means that if the price is high, your fixed amount buys less of the asset, and if the price is low, it buys more. This approach evens out the average purchase price over time.
How to Set Up Recurring Buys with Mercuryo
Mercuryo's platform offers an intuitive interface to set up your recurring buys quickly.
The process is secure, compliant with KYC and AML regulations, and provides you with full control over your investment schedule.
The feature is also available directly within the Ledger Live app for users who prioritize self-custody and security.
To set up a Recurring Payment, head to the Mercuryo Widget and follow these steps:
- Select the cryptocurrency you wish to purchase (e.g., BTC, ETH).
- Enter the amount you want to invest.
- Choose the frequency of your purchase—daily, weekly, or monthly.
- Select a start date and enter your crypto wallet address.
- Provide your payment information to complete the setup.
You can use a Visa or Mastercard for recurring purchases.
However, Apple Pay and Google Pay are not currently supported for this feature.
You can monitor, modify, or cancel your recurring buys at any time, giving you the flexibility to adapt to changes in the market or your personal financial situation.
